The Lewisville ISD Board Work Session on January 7, 2025, spotlighted a significant discussion on the district's 2025 debt management program, with plans for a substantial bond sale aimed at funding upcoming projects. John Martin from Hilltop Securities presented a proposal for a $300 million bond sale scheduled for spring 2025, which would finance the next phase of district projects.

Martin emphasized the district's strong financial position, noting that existing debt service payments are set to decline, allowing for a favorable debt portfolio. The proposed bond sale is expected to maintain the current tax rate while enabling the district to pay off higher-interest bonds, specifically $40 million in 5% bonds from 2016, which could save approximately $5.2 million in interest costs.

The board discussed the potential for additional bond sales in the future, with the possibility of redeeming other callable bonds in August 2025. This strategy aims to optimize the district's debt service savings and maintain financial stability without raising taxes for residents.

Board member Dr. Parker highlighted the importance of these financial maneuvers, stating that they allow the district to pass bonds for maintaining existing facilities without increasing the Interest and Sinking (INS) tax rate. The overall approach positions Lewisville ISD favorably for future funding needs while ensuring taxpayers benefit from a stable tax environment.

As the district prepares for the upcoming bond sale, the focus remains on responsible debt management and maximizing savings for the community.