September 2019 Consent Agenda

CONSENT AGENDA
STATE BOARD OF EDUCATION
September 13, 2019


(1)    Procedures for Selecting Nominees for Appointment to the School Land Board 

This item provides an opportunity for the committee and board to consider procedures to follow when preparing lists of nominees to be considered by the governor for appointment to the School Land Board. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5; Senate Bill 608, 86th Texas Legislature, 2019; and 19 Texas Administrative Code (TAC)  Chapter 33.


(2)    Planning for the Annual Meeting Between the State Board of Education and the School Land Board

This item provides an opportunity for the committee and board to plan for the annual meeting between the State Board of Education and the School Land Board. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5; Senate Bill 608, 86th Texas Legislature, 2019; and 19 Texas Administrative Code (TAC) Chapter 33.


(3)    Ratification of Texas Lesson Study Resources 

This item gives the committee and board an opportunity to consider ratifying the third set of teacher-designed lesson study resources, which became available on the agency’s web portal March 14, 2019–August 2, 2019. Statutory authority for this action is Texas Education Code (TEC), §8.0531.


(4)    Ratification of the Purchases and Sales of the Investment Portfolio of the Permanent School Fund for the Months of May, June and July 2019

This item provides an opportunity for the committee and board to consider approval of the purchases and sales of investments executed in the portfolio of the Permanent School Fund for the months of May, June and July 2019. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5, and 19 Texas Administrative Code (TAC) Chapter 33

(5)    Determination as to Whether Transfers May be Made from the Permanent School Fund to the Available School Fund 

This item provides an opportunity for the committee and board to review the requirement in Article VII, §5(a)(2) that the total amount distributed over ten years cannot exceed the total return on all investment assets of the PSF over the same ten-year period.  The board will determine whether transfers may be made from the Permanent School Fund to the Available School Fund in fiscal year 2020. Statutory authority for this action is Texas Constitution, Article VII, §2 and §5, and 19 Texas Administrative Code (TAC) Chapter 33.


(6)    Proposed Amendments to the Investment Procedures Manual 

This item provides an opportunity for the committee and board to review and adopt proposed amendments to the Investment Procedures Manual. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5, and 19 Texas Administrative Code (TAC) Chapter 33.

(7)    Review of the Permanent School Fund Liquid Account 

This item provides an opportunity for the committee and board to review the bill requirements contained in House Bill (HB) 4388, 86th Texas Legislature, 2019.  The committee will discuss implementation of the liquid account. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5, House Bill 4388, 86th Texas Legislature, 2019; and 19 Texas Administrative Code (TAC) Chapter 33.

(8)    Per Capita Apportionment Rate for the 2019-2020 School Year

The board is responsible for setting a per capita apportionment rate for each school year based on an estimate of the amount available for expenditures from the Available School Fund. Agency staff members will propose a recommended rate for the 2019-2020 school year at the September meeting of the Committee on School Finance/ Permanent School Fund. Statutory authority for this action is the Texas Education Code (TEC), §43.001(b) and §48.004.

(9)    Recommendation for Appointment to the Boys Ranch Independent School District Board of Trustees 

This item provides an opportunity for board consideration of an appointment to the board of trustees of the Boys Ranch Independent School District. The appointment is necessary due to the resignation of one board member. Statutory authority for this action is the Texas Education Code (TEC), §11.352, and 19 Texas Administrative Code (TAC) §61.2.