Debt defeasance of 2020 bonds
Skidmore-Tynan Independent School DistrictTexas- Detected
- Aug 17, 2026
- 72 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
The board approved a defeasance of selected outstanding Unlimited Tax Refunding Bonds, Series 2020, to reduce debt service. The district authorized a deposit of at least $500,000, with BOKF, NA serving as escrow agent, and set a funding deadline of August 15, 2027. This is a decided finance action, but it still creates follow-on work around escrow administration, verification, and related bond services.
- Meeting date
- August 17, 2026
- Agency
- Skidmore-Tynan Independent School District
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