June 2018 Information

 Information Materials

1. State Board of Education Operating Rules, Amended January 31, 2017
Public testimony information begins on page V-7.

2. Current Status of the Permanent School Fund

3. 2017-2021 Rule Review Plan for State Board of Education Rules

This item outlines the rule review plan for State Board of Education (SBOE) rules during the period of September 2017 through August 2021. Texas Government Code, §2001.039, requires an ongoing four-year rule review of existing state agency rules, including SBOE rules. The rule review requirement is designed to ensure that the reason for initially adopting or readopting a rule continues to exist.

4. Notice of Intent to Amend the Financial Accountability System Resource Guide

This item provides notice of intent to amend the Financial Accountability System Resource Guide. In accordance with 19 TAC §109.41, the commissioner of education shall amend the Financial Accountability System Resource Guide, as needed, adopting it by reference per 19 TAC Chapter 109, Budgeting, Accounting, and Auditing, Subchapter C, Adoptions by Reference. The amendment being proposed includes updates to modules and to remove obsolete references. Specifically, modules:

1 – Financial Accounting and Reporting, 4 – Auditing, 10 – Special Supplement – Charter Schools, and 11 – Special Supplement – Non-profit Charter School Chart of Accounts; and repeal of modules: 2 – Budgeting, 5 – Site Based Decision-Making, 6 – Accountability, 7 – Data Collection and Reporting, and 8 – Management. The effective date of the proposed amendment will be 20 days after filing as adopted with the Texas Register.

5. Review of Annual Audit Plan of the Division of Financial Compliance for 2018-2019 School Year

This item covers the annual audit plan of the Division of Financial Compliance for the 2018-2019 school year for field and independent financial reviews as specifically described in 19 TAC Chapter 109, Texas Education Agency Audit Functions, §109.21, Annual Audit Plan.