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Board authorizes Finance Corporation revenue-bond issuance

Financial

What happened

The Board approved a resolution authorizing the Ashland Independent Schools District Finance Corporation to issue revenue bonds and approved a revised $4,849,507.82 BG-1 project form.

Why it matters to families

Revenue bonds are a long-term financing commitment. The Board vote formally authorized its separate Finance Corporation to issue the bonds; the minutes do not identify a school-specific project in the item description.

The evidence

At its February 11 special meeting, the Board approved both the revised BG-1, 4–1, and the Finance Corporation revenue-bond resolution, 4–1. David Williams voted no on both items.

The source

February 11, 2026 special board meeting minutes

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