WHITE OAK, Texas — White Oak ISD trustees on Monday approved calling for a November bond election to refinance existing tax debt.

Voters will get to vote in favor of or against a single refunding bond proposition for $1,075,000. There is no tax increase expected.

According to the school district, the bond seeks to refinance existing maintenance and operations tax debt. This debt is currently paid from the district’s maintenance and operations budget that pays for teacher and staff salaries, utilities and similar items.

If approved, WOISD said there would be room in the district's maintenance and operations budget for staff salaries and other day-to-day expenses. Additional information will be provided as the bond election gets closer.

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