The Johnson County Commissioner’s Court convened on May 27, 2025, to discuss key financial matters, primarily focusing on the approval of a bond issuance. The meeting began with a review of the parameters set forth in previous meetings, leading to a recommendation to log a bid that would secure a tax-exempt fixed interest rate of 4.6% for the life of the bonds.

The proposed bond issuance totals $30,700,000, which is scheduled to close on June 24, 2025. This funding will be deposited into the county's accounts, with the first payment expected in the next fiscal year. The interest rate is locked in, ensuring stability for the county's financial planning as they prepare for the upcoming budget cycle.

Commissioner Delgado outlined the necessary actions to finalize the sale, emphasizing the importance of approving a detailed order provided by the bond counsel. The court was advised that this order would be submitted to the Attorney General's office for review in the coming weeks.

After a thorough discussion, Commissioner White moved to approve order number 2025-44, which authorizes the issuance and sale of up to $32,000,000 in unlimited tax road bonds. This order includes provisions for an annual ad valorem tax and outlines the security and payment arrangements for the bonds. The motion received unanimous support from the court.

With no further matters to address, the meeting concluded, highlighting the successful progression of the bond issuance process and the court's commitment to sound financial management for Johnson County.