District Approves $150,000 EdTech Lease-Purchase Resolution
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Description
The Pecos Independent School District board approved a $150,000 lease-purchase financing resolution with the State Treasurer's Office to fund education technology equipment. The short-term note will be repaid the next day from existing debt service mill levy funds, with about $18.08 in interest.
Contract Details
Contract Amount
$150,000 plus $18.08 interest
Vendor
STATE TREASURER'S OFFICE
Agency
Peñasco Independent Schools R, NM
Contract Type
FINANCIAL_SERVICES
Document Date
May 21, 2026
Contract Term
Note dated November 17, 20XX; repaid November 18, 20XX
Renewal Info
Single short-term note to be issued and repaid within one day; no renewal or extension provisions discussed.
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PISD Transcript Special Board Meeting 2026-05-21
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