NOTICE OF MEETING - BOARD OF TRUSTEES

COMMITTEE FOR FINANCE AND AUDIT

TEXAS SCHOOL FOR THE BLIND AND VISUALLY IMPAIRED

NOTICE IS HEREBY GIVEN that a regular meeting of the Committee for Finance and Audit of the Board of Trustees of the Texas School for the Blind and Visually Impaired shall be held on November 18, 2005, beginning at 8:00 a.m. in the Superintendent's conference Room (Room 116) of the Administration Building, 1100 W. 45th Street, Austin, Texas.

If, during the course of the meeting, any discussion of any item on the agenda should be held in closed session, the Committee for Finance and Audit of the Board shall convene in such closed session in accordance with Texas Government Code, Sec. 551.001, et. seq.  Before any such session is convened, the presiding officer shall publicly identify the section or sections of the Code authorizing the closed session.  All final votes, actions, or decisions shall be taken in open session.

The subject to be discussed, or considered, or upon which any formal action may be taken are as follows (items do not have to be taken in the same order as shown on this meeting notice):

Approval of Minutes:

1. Consideration of Approval of Minutes of May 25, 2005

Finance Items:

1. Consideration of Approval of Board Policies for Finance

2. Review Fiscal Year 2005 Budget Status Reports

3. Consideration of Approval to Authorize Superintendent to Transfer up to 12.5% from One Appropriation Item to Another Appropriation Item.

4. Consideration of Approval to Renew Nolan County Farm Contracts

5. Discussion of Options for Updating Accounting Software

6. Consideration of a Request from Wells Fargo Bank, Trustee for the Bert Broday Jr. Trust, to Support a Petition to the Courts to Allow the Trustee to Diversify the Assets of the Trust

7. Update on Roscoe Wind Farm Proposal

8. Consideration of Approval of Investments Report

9. Review Donations Report
   • Consideration of Approval of Receipt of Gifts and Donations Valued over $500
   • Consideration of Approval of Request for Expenditure of Gifts and Donations
   • Report on Public Funds Investment Act Training Received by Investment Officer
   • Report on Book Sales for the 12 months Ended August 31, 2005
   • Report on Maintenance, Annual Inspection, and Results of Annual Property Inventory of the Campus Residence
   • Update on Facility Projects

NOTICE OF MEETING - BOARD OF TRUSTEES

COMMITTEE FOR FINANCE AND AUDIT

TEXAS SCHOOL FOR THE BLIND AND VISUALLY IMPAIRED

Internal Audit Items:

1. Consideration of Approval of Human Resources System and Controls Audit
2. Consideration of Approval of FY 2006 Internal Audit Plan
3. Consideration of Approval of the Public Funds Investment Act Audit
4. Presentation of Annual Internal Audit Report for FY 2005
5. Consideration of Initiating Internal Auditor’s Performance Appraisal