August 30, 2023 Committee of the Full Board Item 5

Introduction of the Texas Permanent School Fund Corporation Acting Chief Executive Officer

August 30, 2023

COMMITTEE OF THE FULL BOARD: DISCUSSION
STATE BOARD OF EDUCATION: NO ACTION

SUMMARY: This item provides an opportunity for the Texas Permanent School Fund Corporation to introduce Acting Chief Executive Officer, Britt Harris, to members of the State Board of Education.

STATUTORY AUTHORITY: Texas Constitution, Article VII, §2 and §5.

The Texas Constitution, Article VII, §2 and §5 establish the permanent school fund, the assets that comprise the permanent school fund, the bond guarantee program, the available school fund, and authorize the State Board of Education (SBOE) to manage the permanent school fund.

The full text of statutory citations can be found in the statutory authority section of this agenda.

BACKGROUND INFORMATION AND JUSTIFICATION: On June 27, 2023, the Texas Permanent School Fund Corporation Board of Directors appointed Britt Harris as the new acting Chief Executive Officer until such time as the Board selects and hires a new permanent Chief Executive Officer.

Staff Member Responsible:
Britt Harris, Acting Chief Executive Officer, Texas Permanent School Fund Corporation