What Chisum ISD�s higher I&S tax rate means for debt management

The resolution adopted by the Board of Trustees for tax year 2026 lists several debt-management objectives for adopting an I&S tax rate above the calculated minimum. The document says excess revenue will be used for early defeasance or retirement of outstanding bonded indebtedness, establishment or maintenance of prudent debt-service reserves, and mitigation of future tax-rate volatility. The Board further states the rate will provide flexibility for refinancing and stabilization of future debt-service tax rates.

Those aims are framed as district findings and rationale rather than commitments to a specific expenditure plan. The resolution also says the proposed rate will "assist the District in preserving or improving bond ratings, reducing future borrowing costs, and enhancing the District's long-term financial position." The document does not include the districts assessed valuation or an estimate of additional dollars expected to be raised; the exact vote tally for adoption is also not specified. District officials were authorized to take the actions necessary to implement the resolution and to comply with Texas Tax Code and Comptroller guidance.