July 2, 2020 Consent Agenda
CONSENT AGENDA
STATE BOARD OF EDUCATION
July 2, 2020
1. Ratification of Proclamation 2021 Deadline Extension for Publishers Affected by COVID-19
The State Board of Education issued Proclamation 2021 in June 2019. This item gives the board the opportunity to ratify a deadline extension for publishers unable to meet the published deadline for providing pre-adoption samples, final correlations to the Texas Prekindergarten Guidelines, Certification of Editorial Review, Affidavit of Authorship or Contribution, and Report on Interoperability and Ease of Use due to closures and business disruptions related to COVID-19. The published April 6, 2020, deadline was extended to April 20, 2020 for submitting deliverables to the Texas Education Agency. In response to requests from the field, the deadline for providing pre-adoption samples and final correlations to the education service centers was extended to May 6, 2020. Statutory authority for this action is the Texas Education Code (TEC), §31.022.
2. Review and Adoption of the Long-Term Strategic Asset Allocation Plan of the Permanent School Fund of the State Board of Education and the Permanent School Fund Liquid Account
This item provides an opportunity for the board to review and adopt the long-term strategic asset allocation plan of the Permanent School Fund of the State Board of Education (SBOE) and the Permanent School Fund (PSF) Liquid Account. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5 and 19 Texas Administrative Code (TAC) Chapter 33.
3. Review of the Report on Permanent School Fund Percentage Distribution Rates Under Consideration for Fiscal Years 2022 and 2023
This item provides an opportunity for the board to evaluate and approve the report on Permanent School Fund (PSF) percentage distribution rates under consideration for fiscal years 2022 and 2023. The board will consider various factors associated with the distribution rate such as expected returns, inflation, and student growth. Additionally, this item provides the opportunity for the board to discuss anticipated instructional material needs for the 2022-2023 biennium. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5 and 19 Texas Administrative Code (TAC) Chapter 33.
4. Ratification of the Purchases and Sales of the Investment Portfolio of the Permanent School Fund for the Months of March and April 2020
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 March and April 2020. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5, and 19 Texas Administrative Code (TAC) Chapter 33.
5. Adoption of an Annual Report on the Status of the Bond Guarantee Program
This item provides an opportunity for the committee and board to adopt an annual report on the status of the Bond Guarantee Program. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5, and Texas Education Code, (TEC) §45.053(c).
6. Review of the Bond Guarantee Program Charter Capacity
This item provides an opportunity for the committee and board to receive a presentation on bond guarantee program’s charter capacity. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5, Texas Education Code, (TEC) §45.0532; and 19 Texas Administrative Code (TAC) Chapter 33.
7. Approval of the Selection of a Legal Counsel for the Bond Guarantee Program as outlined in RFQ 701-20-006 for the Texas Permanent School Fund and Authorization for Contract Execution by the Commissioner of Education
This item provides the opportunity for the committee and board to approve the selection of a legal counsel for the Bond Guarantee Program (BGP) of the Texas Permanent School Fund (PSF) as outlined in Request for Qualifications (RFQ) 701-20-006 and authorization for contract execution by the Commissioner of Education. Statutory authority for this action is the Texas Constitution, Article VII, §2 and §5; and 19 Texas Administrative Code (TAC) Chapter 33.
8. Recommendation for Appointment to the Lackland Independent School District Board of Trustees
This item provides an opportunity for board consideration of one reappointment to the board of trustees of the Lackland Independent School District (ISD). The reappointment is necessary due to the expiration of a term of office. Statutory authority for this action is the Texas Education Code (TEC), §11.352, and 19 Texas Administrative Code (TAC) §61.2.