AISD sells bonds from 2022

Aubrey ISD approved another sale from the 2025 bond series, piggybacking off recent legislation to take a more aggressive approach to debt sales.

BOK Financial Managing Directors Alison Long and Josh McLaughlin returned during the June 18 meeting to present a $67.3 million sale from the districts remaining 2022 bond package, described as an aggressive step, facilitated by new legislation.

“A few things have changed since we came out here in May,” Long said. “At that time the legislature was still in session. Some bills were out there, and we didn’t quite know how they were going to wrap up. Something that wasn’t finalized at the time was the hold harmless funding that comes with the increased homestead exemption.”