September 11, 2024 Committee of the Full Board Item 9

Update from the Texas Permanent School Fund Corporation’s Chief Executive Officer

September 11, 2024

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

SUMMARY: This item provides an opportunity for the committee to receive updates on the Texas Permanent School Fund activities and follow-up discussion with the Texas Permanent School Fund Corporation’s Chief Executive Officer.

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.

Staff Member Responsible:
Robert L. Borden, Chief Executive Officer, Texas Permanent School Fund Corporation