Pilot's Operating Handbook

Tony Abad, Chair; Tiffany Tremont, Member Committee Chair Comments Minute Orders: Proposed MO# 02-19(c) Annual Approval of Current Associate Degree and Certificate Programs ................................................................................................................ 36 Jeff Kilgore 9 Please note: Meetings are scheduled to follow each other consecutively and may start earlier or later than the posted time depending on the length of the discussions and the reports of preceding meetings. The estimated times are approximate and may be adjusted as required with no prior notice. Lunch will be at approximately noon. Reports: None. b. Committee for General Administration Curtis Cleveland, Chair; Pat McDonald, Member Committee Chair Comments Minute Orders: Proposed MO# 03-19c) Rescind Minute Order 08-15(c) Expanded Statement of Purpose for Texas State Technical College ......................................................................... 42 Gail Lawrence 04-19(c) Reaffirm Texas State Technical College’s Mission Statement............ 43 Gail Lawrence Reports: None. c. Committee for Facilities Ellis Skinner, Chair; Curtis Cleveland, Member Committee Chair Comments Minute Orders: Proposed MO# 05-19(c) Approve the Concept to Replace the Fire Hydrant Loop at Texas State Technical College in Sweetwater......................................................... 45 Ray Fried Reports: 1. Major Facility Projects Status Update ............................................................................ 46 Ray Fried d. Committee for Fiscal Affairs Keith Honey, Chair; Alex Meade, Member Committee Chair Comments Minute Orders: 10 Please note: Meetings are scheduled to follow each other consecutively and may start earlier or later than the posted time depending on the length of the discussions and the reports of preceding meetings. The estimated times are approximate and may be adjusted as required with no prior notice. Lunch will be at approximately noon. Proposed MO# 06-19(c) Approval of the revised Schedule of Charges for the Incidental Cost of Flight Instruction Effective Fall 2019....................................................... 49 Jonathan Hoekstra 07-19(c) Declaration as Surplus Property Not Needed for Educational and Training Purposes and Authorization to Sell Two Cessna L-19 Bird Dog Aircraft ............................................................................................................ 51 Jonathan Hoekstra 08-19(c) Financing of the Purchase of the Development Corporation of Harlingen, Inc. (DC) Interest in the University Articulation and Career Center (UACC or University Center) at Texas State Technical College (TSTC) in Harlingen.............................................................................. 52 Jonathan Hoekstra 09-19(c) Interagency Agreement with the Texas Workforce Commission for the Use of Office Space at Texas State Technical College (TSTC) in Waco.......................................................................................................................... 53 Jonathan Hoekstra 10-19(c) Employee Holiday Calendar for Fiscal Year 2020 ................................... 57 Jonathan Hoekstra 11-19(c) Student Housing Rates for Fall 2019 at Texas State Technical College ..................................................................................................................... 60 Jonathan Hoekstra Reports: 1. Budget Performance Report ............................................................................................. 67 Jonathan Hoekstra 2. TSTC Full Time Equivalent (FTE) Reports ..................................................................... 69 Jonathan Hoekstra 3. Pledged Collateral Report .................................................................................................. 74 Jonathan Hoekstra 11 Please note: Meetings are scheduled to follow each other consecutively and may start earlier or later than the posted time depending on the length of the discussions and the reports of preceding meetings. The estimated times are approximate and may be adjusted as required with no prior notice. Lunch will be at approximately noon. 4. Quarterly Investment Report ............................................................................................ 75 Jonathan Hoekstra IX. CONSENT AGENDA ITEMS 01-19(c) Approval of SOS GA 1.4 .................................................................................... A-3 02-19(c) Annual Approval of Current Associate Degree and Certificate Programs ................................................................................................................. 36 03-19(c) Rescind Minute Order 08-15(c) Expanded Statement of Purpose for Texas State Technical College ......................................................................... 42 04-19(c) Reaffirm Texas State Technical College’s Mission Statement............ 43 05-19(c) Approve the Concept to Replace the Fire Hydrant Loop at Texas State Technical College in Sweetwater ....................................................... 45 06-19(c) Approval of the Revised Schedule of Charges for the Incidental Cost of Flight Instruction Effective Fall 2019....................................................... 49 07-19(c) Declaration as Surplus Property Not Needed for Educational and Training Purposes and Authorization to Sell Two Cessna L-19 Bird Dog Aircraft ............................................................................................................ 51 08-19(c) Financing of the Purchase of the Development Corporation of Harlingen, Inc. (DC) Interest in the University Articulation and Career Center (UACC or University Center) at Texas State Technical College (TSTC) in Harlingen.............................................................................. 52 09-19(c) Interagency Agreement with the Texas Workforce Commission for the Use of Office Space at Texas State Technical College (TSTC) in Waco.......................................................................................................................... 53 10-19(c) Employee Holiday Calendar for Fiscal Year 2020 ................................... 57 11-19(c) Student Housing Rates for Fall 2019 at Texas State Technical College ..................................................................................................................... 60 X. UNFINISHED BUSINESS 12 Please note: Meetings are scheduled to follow each other consecutively and may start earlier or later than the posted time depending on the length of the discussions and the reports of preceding meetings. The estimated times are approximate and may be adjusted as required with no prior notice. Lunch will be at approximately noon. XI. NEW BUSINESS XII. PUBLIC COMMENTS XIII. RECESS OPEN MEETING a. The Open Meeting is recessed and the Regents retire to the Crockett Room to conduct the Closed Meeting. XIV. CLOSED MEETING a. The Closed Meeting is called to Order and a Quorum is determined. b. Consultation with Attorney (Texas Government Code, Section 551.071) Texas Government Code, Section 551.071: “A governmental body may not conduct a private consultation with its attorney except: (1) When the governmental body seeks the advice of its attorney about: (A) pending or contemplated litigation; or (B) a settlement offer; or (2) On a matter in which the duty of the attorney to the governmental body under the Texas Disciplinary Rules of Professional Conduct of the State Bar of Texas clearly conflicts with this chapter.” 1. Ted Donovan v. TSTC c. Deliberation Regarding Real Property (Texas Government Code, Section 551.072) Texas Government Code, Section 551.072: “A governmental body may conduct a closed meeting to deliberate the purchase, exchange, lease, or value of real property if deliberation in an open meeting would have a detrimental effect on the position of the governmental body in negotiations with a third person.” d. Personnel Matters (Texas Government Code, Section 551.074) Texas Government Code, Section 551.074 “(a) This chapter does not require a governmental body to conduct an open meeting: (1) to deliberate the appointment, employment, evaluation, reassignment, duties, discipline, or dismissal of a public officer or employee; or (2) to hear a complaint or charge against an officer or employee. 13 Please note: Meetings are scheduled to follow each other consecutively and may start earlier or later than the posted time depending on the length of the discussions and the reports of preceding meetings. The estimated times are approximate and may be adjusted as required with no prior notice. Lunch will be at approximately noon. (b) Subsection (a) does not apply if the officer or employee who is the subject of the deliberation or hearing requests a public hearing.” 1. Chancellor & CEO Performance Evaluation e. Adjourn f. Regents return to Austin Room at conclusion of Closed Meeting. XV. OPEN MEETING RECONVENES XVI. ACTION Possible Action from Closed Meeting XVII. CHANCELLOR COMMENTS XVIII. BOARD COMMENTS XIX. ADJOURN 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 TABLE OF CONTENTS Committee for Student Learning and Student Development [Tony Abad (Chair), Tiffany Tremont, Jeff Kilgore, Rick Herrera] Committee Chair Comments Minute Orders: Proposed MO # 02-19(c) Annual Approval of Current Associate Degree and Certificate Programs ...................................................................................................... 36 Jeff Kilgore Report: None. 35 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 02-19(c) Proposed By: Jeff Kilgore, Vice Chancellor & Chief Academic Officer Subject: Annual Approval of Current Associate Degree and Certificate Programs Background: The Texas Higher Education Coordinating Board (THECB) Rule, Chapter 9, Subchapter E, §9.93, requires all new associate degree and certificate programs be approved by the THECB. This rule further requires that an Institution certify that each program has been approved by its governing board prior to submission to the THECB. The Board of Regents approval of new associate degree and certificate programs extends to all TSTC colleges. Justification: An annual approval of all degree and certificate programs is essential to ensure governing board approval as required by THECB. Board of Regents approval of all degree certificate programs will provide an opportunity for the Board of Regents to review TSTC’s current inventory of program offerings. Additional Information: None Action Schedule: Annual approval of programs. Fiscal Implications: No fiscal implication until a TSTC college activates a current program. At such time of activation, the college must substantiate that funds are available to operate the program for at least the first five years. The inventory submitted does not include any new programs, at this time. Attestation: This Minute Order is in compliance with all applicable laws and regulations to the best of my knowledge. Attachment(s): Inventory of Approved Associate Degree and Certificate Programs, January 2019 Recommended Minute Order: “The Board of Regents approves the current list of associate degree and certificate programs. Activation of any currently approved program is contingent upon meeting all related THECB requirements.” Recommended By: Jeff Kilgore, Vice Chancellor & Chief Academic Officer 36 Academic Core Curriculum CCC Agricultural Technology AAS Aircraft Airframe Technology AAS Aircraft Airframe Technician CER2 Aircraft Dispatch Technology AAS Aircraft Pilot Training Technology - Airplane Specialization AAS Aircraft Pilot Training Technology - Helicopter Specialization AAS Aircraft Powerplant Technology AAS Aircraft Powerplant Technician CER2 Air Traffic Controller AAS Architectural Design & Engineering Graphics Technology AAS Architectural/Civil Drafting Technology AAS Auto Collision & Management Technology - Refinishing Specialization AAS Auto Collision Refinishing CER1 Auto Collision Refinishing ATC Auto Collision & Management Technology - Repair Specialization AAS Auto Collision Repair ATC Auto Collision Repair CER1 Auto Collision Repair CER2 Automotive Technology AAS Automotive Technician CER2 Chrysler Specialization CER2 Automotive Maintenance & Light Repair CER1 Toyota T-TEN Specialization CER2 Advanced Vehicle Fuel Systems ESC Avionics Technology AAS Biology AS Biomedical Equipment Technology AAS Medical Imaging Systems Technology AAS Building Construction Technology AAS Building Construction Craftsman CER1 Business Applications Programming ATC Business Management Technology AAS Business Management Technology CER2 Chemical Dependency Counseling AAS Chemical Dependency Counseling CER1 ABILENE BRECKENRIDGE BROWNWOOD FORT BEND CO. HARLINGEN MARSHALL NORTH TEXAS SWEETWATER WACO WILLIAMSON CO. ONLINE Inventory of Approved Associate Degree and Certificate Programs January 2019 AWARD NAME AWARD TYPE AAS - Associate of Applied Science Degree AS - Associate of Science Degree ATC - Advanced Technical Certificate CER1 - Certificate Level One CER2 - Certificate Level Two CER3/ESC - Enhanced Skills Certificate CCC - Core Curriculum Completer Certificate 37 AWARD NAME AWARD TYPE Chemical Technology AAS Cloud & Data Center Management AAS Computer Aided Drafting & Design Technology AAS Computer Maintenance Technology AAS Computer Maintenance Technician CER1 Home Integration Technology CER1 Computer Networking & Security Technology AAS Computer Networking & Systems Administration AAS Computer Networking & Systems Administration CER2 Computer Science AS Computer Programming Technology AAS Culinary Arts AAS Culinarian CER2 Culinary Assistant CER1 Culinary Specialist CER1 Cyber Security AAS Cyber Security CER2 Digital Forensics Specialist ATC Database & Web Programming AAS Dental Assistant CER1 Dental Hygiene AAS Diesel Equipment Technology - Heavy Truck Specialization AAS Diesel Equipment Technology - Heavy Truck CER1 Diesel Equipment Technology - Heavy Truck CER2 Diesel Equipment Technology - John Deere Construction & Forestry AAS Diesel Equipment Technology - Off-Highway Specialization AAS Diesel Equipment Technology - Off-Highway Equipment CER1 Diesel Equipment Technology - Off-Highway Equipment CER2 Digital Media Design AAS Education & Training AAS Education & Training CER2 Electrical Construction CER1 Electrical Lineworker Technology AAS Electrical Lineworker CER1 Electrical Power & Controls AAS Industrial Controls Technology AAS ABILENE BRECKENRIDGE BROWNWOOD FORT BEND CO. HARLINGEN MARSHALL NORTH TEXAS SWEETWATER WACO WILLIAMSON CO. ONLINE AAS - Associate of Applied Science Degree AS - Associate of Science Degree ATC - Advanced Technical Certificate CER1 - Certificate Level One CER2 - Certificate Level Two CER3/ESC - Enhanced Skills Certificate CCC - Core Curriculum Completer Certificate 38 Industrial Electrical Systems CER1 Electromechanical Technology AAS Electromechanical - Technician CER2 Electronics Technology AAS EMT - Paramedic AAS Emergency Medical Services - EMT CER1 Emergency Medical Services - Advanced EMT (AEMT) CER1 Emergency Medical Services - Paramedic CER2 Energy Efficiency Specialist CER1 Engineering AS Environmental Technology - Compliance AAS Facilities Maintenance & Management AAS Graphics, Gaming & Simulation Programming AAS Graphics, Gaming & Simulation Programming ATC Health Information Technology AAS Medical Office Specialist CER2 Medical Information Transcriptionist CER1 Heating, Ventilation & Air Conditioning Technology AAS Heating, Ventilation & Air Conditioning Technology - HVAC Technician CER1 Industrial Maintenance - Electrical Specialization AAS Mechanic CER1 Mechanic - Electrical CER2 Industrial Maintenance - Mechanical Specialization AAS Industrial Systems Technology CER1 Instrumentation Technology AAS Laser Electro-Optics AAS Logistics Technology AAS Mathematics AS Mechanical/Electrical Drafting Technology AAS Mechatronics Technology AAS Occupational Safety Compliance Technology AAS Pharmacy Technician CER2 Physics AS Plumbing & Pipefitting Technology CER1 Precision Machining Technology AAS Machining CER1 ABILENE BRECKENRIDGE BROWNWOOD FORT BEND CO. HARLINGEN MARSHALL NORTH TEXAS SWEETWATER WACO WILLIAMSON CO. ONLINE AWARD NAME AWARD TYPE AAS - Associate of Applied Science Degree AS - Associate of Science Degree ATC - Advanced Technical Certificate CER1 - Certificate Level One CER2 - Certificate Level Two CER3/ESC - Enhanced Skills Certificate CCC - Core Curriculum Completer Certificate 39 ABILENE BRECKENRIDGE BROWNWOOD FORT BEND CO. HARLINGEN MARSHALL NORTH TEXAS SWEETWATER WACO WILLIAMSON CO. ONLINE Process Operations AAS Radiation Protection Technology AAS Radiation Protection Technology - Health Physics ATC Registered Nursing LVN-RN Transition (Associate Degree Nursing) AAS Vocational Nursing CER2 Robotics Technology AAS Software Development Technology AAS Solar Energy Technology AAS Surgical Technology AAS Visual Communication Technology AAS Web Design & Development AAS Welding Technology AAS Structural Welding CER1 Structural & Pipe Welding CER2 Wind Energy Technology AAS Wind Energy Technician CER1 AWARD NAME AWARD TYPE AAS - Associate of Applied Science Degree AS - Associate of Science Degree ATC - Advanced Technical Certificate CER1 - Certificate Level One CER2 - Certificate Level Two CER3/ESC - Enhanced Skills Certificate CCC - Core Curriculum Completer Certificate 40 TABLE OF CONTENTS Committee for General Administration [Curtis Cleveland (Chair), Pat McDonald, Gail Lawrence, Roger Miller, Ray Rushing, Elton Stuckly, Michael Bettersworth] Committee Chair Comments Minute Orders: Proposed MO # 03-19c) Rescind Minute Order 08-15(c) Expanded Statement of Purpose for Texas State Technical College ............................................................................... 42 Gail Lawrence 04-19(c) Reaffirm Texas State Technical College’s Mission Statement......................... 43 Gail Lawrence Reports: None. 41 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 03-19(c) Proposed By: Celina Garza, Vice President of Institutional Accreditation Subject: Rescind Minute Order 08-15(c) Expanded Statement of Institutional Purpose for Texas State Technical College Background: Texas State Technical College (TSTC) has a legislatively prescribed mission statement established by the Texas legislature and codified in the Texas Education Code, Section 135.01. The mission statement meets accreditation requirements established by the SACSCOC Principles of Accreditation as being “clearly defined, comprehensive, published, appropriate for higher education, and addresses teaching and learning and where applicable, research and publish service.” TSTC’s mission reflects a clear understanding of the institution by its governing board, administration, faculty, students, staff and all constituents. As a complement to the mission, the TSTC Board of Regents previously approved Expanded Statements of Institutional Purpose for TSTC’s four legacy colleges (Waco, Harlingen, West Texas, and Marshall) to allow each college to further describe its uniqueness, qualities, characteristics and values that defined their role and distinctiveness in higher education. In connection with the merger of accreditations, on February 12, 2015, by Minute Order 08-15(c), the Texas State Technical College (TSTC) Board of Regents approved the Expanded Statement of Institutional Purpose for the consolidated Texas State Technical College. Justification: Section 135.01 of the Texas Education Code establishes TSTC’s role and mission, and clearly defines its purpose in Subsections (b) and (c). This mission, as defined, meets SACSCOC accreditation requirements as described in the Principles of Accreditation Resource Manual, Section 2.1, on Institutional Mission. The original intent and purpose of the Expanded Statements of Institutional Purpose was to further define the unique characteristics and services of TSTC’s legacy colleges. As a consolidated institution, the Expanded Statement of Institutional Purpose has been determined to be redundant and unnecessary. Additional Information: None. Fiscal Implications: No fiscal implication. Attestation: This Minute Order is in compliance with all applicable laws and regulations to the best of my knowledge. Attachment(s): None. Recommended Minute Order: “The Board Regents rescinds the following Minute Order: 08-15(c) Expanded Statement of Institutional Purpose for Texas State Technical College” Recommended By: Gail Lawrence, Executive Vice Chancellor & Chief of Staff 42 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 04-19(c) Proposed By: Celina Garza, Vice President of Institutional Accreditation Subject: Reaffirm Texas State Technical College’s Mission Statement Background: Texas State Technical College (TSTC) has a legislatively prescribed mission statement established by the Texas legislature and codified in the Texas Education Code, Section 135.01. Justification: Section 4.2.a of the SACSCOC Principles of Accreditation, states, “The governing board ensures the regular review of the institution’s mission.” The standard further states that “the board, in its review, reaffirms the mission statement and whether changes are made, thereby maintaining cognizance of the of the previously agreed-upon scope of institutional activities and ensuring that institutional policies, procedures, and activities remain compatible with and included in the mission statement.” TSTC’s Statewide Operation Standard (SOS) GA 1.22 Institutional Effectiveness, states, “It is the policy of TSTC to maintain and conduct a broad-based, comprehensive system of educational and operational planning, research, assessment, review and revision designed to continuously improve the quality of the instruction and services the College provides in accordance with its established mission.” Embedded into this process is the BOR’s “mission and strategic plan review”, which occurs at a minimum, every five (5) years in accordance with SOS GA 1.22. On January 30, 2019, the TSTC Board of Regents met for a strategic planning retreat. During the course of the meeting, the Board reviewed and discussed TSTC’s role and mission statement established by Section 135.01 of the Texas Education Code; and its clearly defined purpose in Subsections (b) and (c). The Board also reaffirmed that the mission statement, as defined, meets accreditation requirements established by the SACSCOC Principles of Accreditation as being “clearly defined, comprehensive, published, appropriate for higher education, and addresses teaching and learning and where applicable, research and publish service.” TSTC’s mission reflects a clear understanding of the institution by its governing board, administration, faculty, students, staff and all constituents. Additional Information: None. Fiscal Implications: No significant fiscal implication. Attestation: This Minute Order is in compliance with all applicable laws and regulations to the best of my knowledge. Attachment(s): None. Recommended Minute Order: “The Board Regents reaffirms the mission statement of Texas State Technical College.” Recommended By: Gail Lawrence, Executive Vice Chancellor & Chief of Staff 43 TABLE OF CONTENTS Committee for Facilities [Ellis Skinner (Chair), Curtis Cleveland, Rick Herrera, Ray Fried] Committee Chair Comments Minute Orders: Proposed MO# 05-19(c) Approve the Concept to Replace the Fire Hydrant Loop at Texas State Technical College in Sweetwater ............................................................................... 45 Ray Fried Reports: 1. Major Facility Projects Status Update .................................................................... 46 Ray Fried 44 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 05-19(c) Proposed By: Rick Herrera, Vice Chancellor and Chief Student Services Officer Subject: Approve the Concept to Replace the Fire Hydrant Loop at Texas State Technical College Campus in Sweetwater Background: The Fire Loop System at TSTC Sweetwater is obsolete and not functioning to acceptable standards. On March of 2018 Jacobs and Martin engineering was hired to perform a flow analysis on the system. In May of 2018 Jacobs and Martin Issued a Technical Memorandum which concluded the existing fire loop did not meet the National Fire Protection Association (NFPA) 101 code. The Memorandum outlined the scope of work required to install a new fire loop on the Sweetwater Campus with an opinion of costs of $788,000. Justification: The present fire loop system is not operating adequately to service the Sweetwater Campus and must be replaced. Additional Information: The Plan was submitted to the State Fire Marshals Engineering Department for consideration. TSTC received concurrence to proceed with the design from the State Fire Marshal’s office on November 17, 2018. Action Schedule: Approve Concept MO 05 -19(c) Fiscal Implications: Funds available as currently budgeted. Attestation: This Minute Order is in compliance with all applicable laws and regulations. Attachment(s): None. Recommended Minute Order: The Texas State Technical College Board of Regents approves the concept for the construction of a new fire loop system on the Sweetwater Campus and authorizes the Chancellor or his designee to enter into a contract with an engineering firm to complete the design and field services for the fire loop system. Recommended By: Raymond D. Fried, Associate Vice Chancellor for Facilities 45 Texas State Technical College Major Facility Projects-Status Update January 2019 Project Name Campus Managing Campus Delivery Method % Complete Tuition Revenue Bond $ 3,750,000 Architect/Engineer 250,000 $ Approve Concept MO 34-13 Construction 3,400,000 $ Approve Budget MO 55-15 Owners Cost 100,000 $ Approved MO amount 3,750,000 $ Subtotal Funds $ 3,750,000 Subtotal Construction 3,750,000 $ Acceptance MO 11-18 TPFA $ 459,000 IT, FFE, Equip. 459,000 $ Total Funds $ 4,209,000 Total Cost 4,209,000 $ HEAF Bonds $ 8,700,000 Architect/Engineer 1,169,871 $ Approve Concept MO 47-14 Construction 7,273,595 $ Approve project & Budget MO 07-16 Owners Cost 27,184 $ Approved MO amount 8,700,000 $ Reserve 229,350 $ Accept project MO 10-18 Total Funds $ 8,700,000 Total Cost 8,700,000 $ HEAF Bond $ 780,000 Owners reserve $ 347,076 Approve Project and Budget MO 03-17 Abilene - Complete $ 46,321 Waco - Complete $ 73,790 Approved MO amount $780,000 Marshall -Complete $ 49,885 Harlingen -in progress $ 107,000 Sweetwater-in progress $ 91,928 Breckenridge - estimate $ 45,000 Brownwood - estimate $ 15,000 Abilene - estimate $ 4,000 Total Funds 780,000 $ Total Cost 780,000 $ HEAF Bond 40,000 $ Engineering / Design 40,000 $ Approve Concept and design project MO 07-17 Insurance Proceeds 70,000 $ Study, Design, and opinion of cost 70,000 $ Approve Concept MO 06-18 E&G Funds 90,000 $ Fire Loop Design, and opinion of cost 90,000 $ Approve Concept MO 05-19(c) 0% 7 Sweetwater Fire Loop Replacement Sweetwater Sweetwater Request For Qualifications TSTC Monument and Wayfinding Project 4 Statewide Statewide Construction Manager at Risk Required Approvals Fund Source Cost Allocation Harlingen Harlingen Additional Information Construction Manager At Risk 100% 1 65% Rework and Replace Paving 5 Sweetwater Sweetwater RFQ 2 Replace Water and Sewer Infrastructure on Main Campus Waco Renovation of Building 20PM Engineering Center (Phase 2) 100% Competitive Sealed Proposal Waco 47% 10% 6 Sweetwater Housing Study and Renovation Project Sweetwater Sweetwater Request For Qualifications 46 TABLE OF CONTENTS Committee for Fiscal Affairs [Keith Honey (Chair), Alex Meade, Jonathan Hoekstra] Committee Chair Comments Minute Orders: Proposed MO # 06-19(c) Approval of the revised Schedule of Charges for the Incidental Cost of Flight Instruction Effective Fall 2019 ...................................................................... 49 Jonathan Hoekstra 07-19(c) Declaration as Surplus Property Not Needed for Educational and Training Purposes and Authorization to Sell Two Cessna L-19 Bird Dog Aircraft ................................................................................................................................. 51 Jonathan Hoekstra 08-19(c) Financing of the Purchase of the Development Corporation of Harlingen, Inc. (DC) Interest in the University Articulation and Career Center (UACC or University Center) at Texas State Technical College (TSTC) in Harlingen ......................................................................................................... 52 Jonathan Hoekstra 09-19(c) Interagency Agreement with the Texas Workforce Commission for the Use of Office Space at Texas State Technical College (TSTC) in Waco ..... 53 Jonathan Hoekstra 10-19(c) Employee Holiday Calendar for Fiscal Year 2020 .............................................. 57 Jonathan Hoekstra 11-19(c) Student Housing Rates for Fall 2019 at Texas State Technical College ... 60 Jonathan Hoekstra Reports: 1. Budget Performance Report ...................................................................................... 67 Jonathan Hoekstra 2. TSTC Full Time Equivalent (FTE) Reports................................................................ 69 Jonathan Hoekstra 47 3. Pledge Collateral Report ............................................................................................... 74 Jonathan Hoekstra 4. Quarterly Investment Report ...................................................................................... 75 Jonathan Hoekstra 48 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 06-19(c) Proposed By: Jeff Kilgore, Vice Chancellor & Chief Academic Officer Subject: Revised Schedule of Charges for the Incidental Cost of Flight Instruction Effective Fall 2019. Background: Texas State Technical College (TSTC) offers an Associate of Applied Science (AAS) degree in Aircraft Pilot Training Technology (APTT) to prepare men and women for careers in the aviation industry. In addition to training airplane (fixed-wing) pilots and helicopter (rotary-wing) pilots, TSTC Aerospace prepares Aviation Maintenance Technology graduates for the expanding field of commercial aviation maintenance. The Schedule of Charges for the Incidental Cost of Flight Instruction was last revised in August 2017, to include certain incidental expenses of the APTT program, including specialized instruction, aircraft fleet leases, maintenance, and insurance. Justification: The proposed Revised Schedule of Charges for the Incidental Cost of Flight Instruction ensures a more efficient use of aircraft simulators by containing costs so overall volume and usage of the simulators are achieved. This also provides veterans more affordable usage as the Department of Veterans Affairs (VA) is no longer covering flight simulator training if outside of the training course outcomes (TCOs). The revised simulator fees identified in the Schedule align with TCOs, which should allow the VA to pay the fees for the designated flight courses. Additionally, inclusion of the FAA Aviation Maintenance Test as a final exam supports job readiness for our graduates who enter the aviation maintenance workforce. Taking the FAA exam gives them an additional two years with which to pass their FAA practical licensure tests (course change required to follow FAA guidelines). Additional Information: The proposed APTT program rates, instructor rates and program fees are competitive with other colleges, university level pilot training and aerospace degree programs. Other modifications to the rate schedule simplify and clearly state rates for transparency and comprehension. Fiscal Implications: Proposed rates ensure sufficient cost recovery for operation of aircraft, flight simulators and flight instruction. Attestation: This Minute Order is in compliance with all applicable laws and regulations. Attachment(s): Revised Schedule of Charges for the Incidental Cost of Flight Instruction Effective Fall 2019 Recommended Minute Order: “The Board of Regents approved the Revised Schedule of Charges for the Incidental Cost of Flight Instruction Effective Fall 2019.”. Recommended By: Jonathan Hoekstra, Vice Chancellor & Chief Financial Officer 49 Texas State Technical College Proposed Revised Schedule of Charges for the Incidental Cost of Flight Instruction Effective Fall 2019 A. B. C. D. Description of Charge Fall 2018 Recommended Effective Fall 2019 Comments Program Fee for AIRP 1451 Instrument Ground: $200 AIRP 2250 Instrument Flight: $200 per semester AIRP 2337 Commercial Ground $100 REMOVE Remove the commercial ground fee per programs request. Can rent Hourly if needed. #5 Cessna 172 (NO FUEL) $110 per flight hour No change. Aircraft Pilot Training #10 FUEL for aircraft is per gallon. TSTC calculates a set hourly per aircraft rate updated monthly. Varies by aircraft; we charge cost plus 5% No Change. Clarity on VARIABLE rate for fuel Aircraft Pilot Training #11 Cessna L-19 Birddog 305 (NO FUEL) $230 per flight hour NO LONGER a TRAINER TSTC Selling aircraft Remove #14 Air Traffic Control Simulator Radar and Enroute classes with lab (3) semesters: $300 each semester. No change. Air Traffic Control #15 Aviation Maintenance FAA General exam. AERM 2230 $165 Was FAA airfram now FAA general Required FAA exam as final. No other change. Aviation Maintenance Not to exceed $65 per hour. $65 per flight hour No change/Clarity Not to exceed $65 per hour. $65 per ground hour No change/Clarity Flight Instruction Fee (ALL flight instruction) Ground Instruction Fee Redbird FMX Fixed wing Full-Motion Simulator fee and FTS Helicopter fee. (Airplane students use Redbird and Helicopter students use FTS) #1 #2 #3 Aircraft Pilot Training Aircraft Pilot Training Aircraft Pilot Training No change. AIRP 1215 any section PVT Pilot Flight: $100 per semester Aircraft Pilot Training Aircraft Pilot Training #6 #7 Required in Training Course Outcomes (TCO is the document that states rules for FAA) $140 per flight hour No change. Piper Arrow PA-28R-201 (NO FUEL) $160 per flight hour Piper Seminole PA44-180 (NO FUEL) AIRP 1417 PVT Pilot Ground: $100 Aircraft Pilot Training Aircraft Pilot Training Remove #8 #9 #12 $285 per flight hour No change. Robinson R-22 Series (NO FUEL) NO LONGER a TRAINER TSTC Selling aircraft Air Traffic Control AT 504 Turbo Prop (NO FUEL) #13 Adacel ICE (Intelligent Communications Environment) Air Traffic Control Simulator $396 per flight hour No change. Robinson R-44 Series (NO FUEL) $1,553 per flight hour Tower classes with lab (3) semesters: $600 each semester. No change. 50 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 07-19(c) Proposed By: Jeff Kilgore, Vice Chancellor & Chief Academic Officer Subject: Declaration as Surplus Property Not Needed for Educational and Training Purposes and Authorization to Sell Two Cessna L-19 Bird Dog Aircraft. Background: Texas State Technical College (TSTC) acquired Two Cessna L-19 Bird Dog aircraft in 2015 for use in a contract training program. The training program ended and the aircraft are no longer needed for air pilot training programs at TSTC. . Justification: These aircraft were purchased with revenues derived from contract training projects as a capital equipment investment. These aircraft were necessary to deliver a training project for a client to train pilots for a foreign national government. The training project has concluded and there is no projection of additional training needs for these aircraft in the future. Additional Information: The Air Pilot Training and Aviation Maintenance programs do not have any instructional need for these assets. The revenues from this training contract recovered the cost of the initial investment. There are ongoing maintenance costs associated with these aircraft even though they are not currently in use. These assets are likely to depreciate in value if they are allowed to continue to remain inactive. Fiscal Implications: TSTC Aerospace should, upon successful liquidation of the two Cessna L-19 Bird Dog Aircraft, be able to use the net proceeds to purchase additional aircraft the program needs to meet air pilot training demand, and / or to purchase additional capital equipment for training projects if the need for additional equipment to deliver a contract training project for a client emerges. Attestation: This Minute Order is in compliance with all applicable laws and regulations to the best of my knowledge. Attachment(s): None. Recommended Minute Order: “The Board of Regents declares two Cessna L-19 Bird Dog aircraft as surplus property not needed for educational and training purposes at Texas State Technical College. The Board of Regents further approves the sale of two Cessna L- 19 Bird Dog aircraft and authorizes the Chancellor or his designee to sell the aircraft and purchase additional aircraft the program needs, and / or to purchase additional capital equipment for training projects with the proceeds from the sale.” Recommended By: Jonathan Hoekstra, Vice Chancellor & Chief Financial Officer 51 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 08-19(c) Proposed By: Jonathan Hoekstra, Vice Chancellor & Chief Financial Officer Subject: Financing the Purchase of the Development Corporation of Harlingen, Inc. (DC) Interest in the University Articulation and Career Center (UACC or University Center) at Texas State Technical College (TSTC) in Harlingen. Background: The Texas Public Finance Authority (TPFA) is a state agency created in 1984 by the Texas Legislature to provide financing for the construction or acquisition of facilities and equipment for State agencies. TSTC often utilizes TPFA to provide financing for equipment purchases through the Master Lease Purchase Program, but TPFA also has the authority to issue bonds for larger, longer term purchases. Utilization of TPFA bond financing requires approval by the TPFA board of directors as well as the Texas Bond Review Board. Justification: The TSTC Board of Regents approved the purchase of the UACC on November 8, 2018 via Minute Order 34-18(c). Utilizing TPFA bond financing provides an efficient, cost effective method of financing the purchase of real property with an extended useful life. Additional Information: TSTC financing for an amount of $250,000 or more or for a term of 5 years or more requires Bond Review Board ("BRB") approval. Fiscal Implications: Current estimates for the annual debt service (5 to 7 years) range from approximately $700,000 per year to $1,000,000 per year, depending on term, tax status, and interest rate. Attestation: This Minute Order is in compliance with all applicable laws and regulations to the best of my knowledge. Attachment(s): None. Recommended Minute Order: “The Board of Regents authorizes the financing for the purchase of the Development Corporation of Harlingen Inc. interest in the University Articulation and Career Center at Texas State Technical College in Harlingen in an amount not to exceed $4,400,000 and authorizes the Chancellor or his designee to submit an application for approval to the Texas Bond Review Board and an application for financing to the Texas Public Finance Authority, as required.” Recommended By: Jonathan Hoekstra, Vice Chancellor & Chief Financial Officer 52 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 09-19(c) Proposed By: Jonathan Hoekstra, Vice Chancellor & Chief Financial Officer Subject: Interagency Agreement with the Texas Workforce Commission for the Use of Office Space at Texas State Technical College (TSTC) in Waco. Background: In the past, the Texas Workforce Commission occupied a small office on the Waco Campus, when available. TSTC and the Texas Workforce Commission intend to formalize the agreement by entering into an Interagency Cooperative Agreement effective through August 31, 2023 with one renewable two-year term. Justification: TSTC and the Texas Workforce Commission administrators agree that the arrangement serves a public purpose, facilitating valuable services to the students who are customers of the Department of Assistive and Rehabilitative Services by giving our students convenient and efficient access to the services. Additional Information: The 112 square foot office space located in the Student Services Building on the Waco Campus is not needed for instruction or training. Fiscal Implications: None. Attestation: This Minute Order is in compliance with all applicable laws and regulations. Attachment(s): Letter from General Counsel Waco Campus Map Student Service Center Building Floor Plan Recommended Minute Order: “The Board of Regents approves granting access and use of assigned office space to the Texas Workforce Commission and authorizes the Chancellor or his designee to enter into an Interagency Cooperation Agreement with the Texas Workforce Commission for the use of such space”. Recommended By: Jonathan Hoekstra, Vice Chancellor & Chief Financial Officer 53 54 55 56 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 10-19(c) Proposed By: Jonathan Hoekstra, Vice Chancellor & Chief Financial Officer Subject: Employee Holiday Calendar for Fiscal Year 2020. Background: The Texas Legislature designates the number of holidays to be allotted annually to employees of all state agencies. However, authority to determine the actual observance at institutions of higher education rests with their Boards of Regents, under terms that permit efficient operation of their institutions. Justification: The Texas State Technical College (TSTC) operating cycle generally follows a semester basis. Consequently, it is more efficient to schedule holidays consistent with the semester cycle. Additional Information: None. Fiscal Implications: None. Attestation: This Minute Order is in compliance with all applicable laws and regulations to the best of my knowledge. Attachment(s): Proposed Employee Schedule for Fiscal Year 2020 Recommended Minute Order: "The Board of Regents approves the Fiscal Year 2020 Employee Holiday Schedule for Texas State Technical College." Recommended By: Jonathan Hoekstra, Vice Chancellor & Chief Financial Officer 57 Texas State Technical College Employee Holiday Schedule Fiscal Year 2020 TSTC Employee Holiday Schedule Days Labor Day Monday, September 02, 2019 1 Thanksgiving Thursday, November 28, 2019 - 2 Friday, November 29, 2019 Winter Break Monday, December 23, 2019 - 8 Wednesday, January 1, 2020 Martin Luther King, Jr. Day Monday, January 20, 2020 1 Spring Holiday Friday, April 10, 2020 1 Memorial Day Monday, May 25, 2020 1 Independence Day Friday, July 03, 2020 1 15 58 Texas State Technical College Employee Holiday Schedule Fiscal Year 2020 Holiday Day Count: Texas State Holidays Weekday Count Labor Day Monday, September 03, 2019 1 Veteran's Day Monday, November 11, 2019 1 Thanksgiving Day Thursday, November 28, 2019 1 Friday after Thanksgiving Friday, November 29, 2019 1 Day Before Christmas Tuesday, December 24, 2019 1 Christmas Wednesday, December 25, 2019 1 Day After Christmas Thursday, December 26, 2019 1 New Years Day Wednesday, January 01, 2020 1 Confederate Heroes Day Sunday, January 19, 2020 0 Martin Luther King, Jr. Day Monday, January 20, 2020 1 President's Day Monday, February 17, 2020 1 Texas Independence Day Monday, March 02, 2020 1 San Jacinto Day Tuesday, April 21, 2020 1 Memorial Day Monday, May 25, 2020 1 Emancipation Day Friday, June 19, 2020 1 Independence Day Saturday, July 04, 2020 0 LBJ Day Thursday, August 27, 2020 1 15 59 Board Meeting Date: January 31, 2019 Proposed Minute Order #: 11-19(c) Proposed By: Rick Herrera, Vice Chancellor & Chief Student Services Officer Subject: Schedule of Student and Family Housing Rental Rates, Room and Board Rates, Service Charges, and Deposits, Effective Fall 2019 Semester Background: Texas State Technical College (TSTC) maintains and operates student housing at four of its campus sites. These housing operations vary in condition and performance. Management has observed student demand for a premium priced private dwelling. This mix of offerings has allowed optimization of revenue and occupancy at the Red River Apartments complex at the Waco campus. Management proposes expanding the premium priced private dwelling tactic by expanding single occupancy pricing to other housing operations at the Harlingen and West Texas campuses. There is available capacity at these locations allowing for more optimization of the pricing and overall revenue mix for housing operations. Justification: The College can leverage the available capacity in its housing operations and charge a higher rate per student on average while satisfying an unmet demand. Additional Information: None. Fiscal Implications: None. Attestation: This Minute Order is in compliance with all applicable laws and regulations to the best of my knowledge. Attachment(s): Fall 2019 Housing Rates Recommended Minute Order: “The Board of Regents approves the Schedule of Student and Family Housing Rental Rates, Room and Board Rates, Service Charges, and Deposits Effective Fall 2019 Semester.” Recommended By: Jonathan Hoekstra, Vice Chancellor & Chief Financial Officer 60 TSTC Housing Rates Fall 2019 Campus Description Fall 2018 Fall 2019 Harlingen A/C Block Brick (Bldg. A-D,G) 2 Bedroom Apartments Double Occupancy per Bedroom per Student Single Occupancy per Bedroom per Student $805 semester Not applicable $805 semester $1,205 semester A/C Block Brick (Bldg. A-D, G) (Renovated FY 15 or Later) 2 Bedroom Apartments Double Occupancy per Bedroom per Student $955 semester $955 semester A/C Brick Veneer (Renovated in FY 16 or later) Efficiency Dorms w/Microwave & Refrigerator or w/Kitchenette Double Occupancy per Student $1,025 semester $1,025 semester A/C Brick Veneer Efficiency Dorms w/Microwave & Refrigerator or w/Kitchenette Double Occupancy per Bedroom per Student Single Occupancy per Bedroom per Student $875 semester Not applicable $875 semester $1,320 semester A/C Block Brick (Bldg. E,F) 2 Bedroom Apartments $755 monthly $755 monthly Deposit (All Except Staff Housing) $150 $150 Moving Charge* (All Except Staff Housing) $50 $50 Lost Key Charge - Outside door Lost Key Charge - Closet door $30 $3 $30 $3 Single Student Housing Family Housing *The Housing Office retains the right to deny any move not considered to be in the best interest of TSTC. 61 TSTC Housing Rates Fall 2019 Marshall A/C Block Brick (Bldg. A-H) 2 Bedroom Apartments Single Occupancy per Bedroom per Student, Furnished $1,330 semester $1,330 semester Single Occupancy per Bedroom per Student, Unfurnished $1,200 semester $1,200 semester 4 Bedroom Apartments Single Occupancy per Bedroom per Student, Furnished $1,145 semester $1,145 semester Single Occupancy per Bedroom per Student, Unfurnished $1,030 semester $1,030 semester Deposit $150 $150 Moving Charge* $50 $50 Lost Key Charge - Outside door $30 $30 Sweetwater WASP, Rolling Pains and Avenger Apartments, 4 per suite, 2 per bedroom and weekday meal plan, 15 meals per week (Mon.-Fri.) Double Occupancy per Bedroom per Student Single Occupancy per Bedroom per Student $2,510 semester Not applicable $2,685 semester $3,200 semester Cedar, Pecan, Oak and Mesquite Lodges, 2 per suite, 1 per bedroom and weekday meal plan, 15 meals per week (Mon.-Fri.) $2,625 semester $2,800 semester Single Student Housing *The Housing Office retains the right to deny any move not considered to be in the best interest of TSTC. Single Student Housing 62 TSTC Housing Rates Fall 2019 Sweetwater (continued) Vocational or Associate Degree Nursing Studies - WASP, Rolling Plains and Avenger Apartments, 4 per suite, 2 per bedroom and weekday meal plan, 150 meals per semester (Mon.-Fri.) Double Occupancy per Bedroom per Student Single Occupancy per Bedroom per Student $2,245 semester Not applicable $2,245 semester $2,760 semester Vocational or Associate Degree Nursing Studies - Cedar, Pecan, Oak and Mesquite Lodges, 2 per suite, 1 per bedroom and weekday meal plan, 150 meals per semester (Mon.-Fri.) $2,365 semester $2,365 semester Application Fee Per person over 17 years old $20 $20 Deposit $150 $150 Cleaning Fee $75 per period rental $75 per period rental Internet Charge (optional) Moving Charge* $50 $50 Lost Key Charge - Outside Door $50 $50 Waco Air Conditioned, 2 bedrooms Double Occupancy Single Occupancy $1,320 semester $1,720 semester $1,320 semester $1,850 semester Residence Hall (Lavaca) Air Conditioned, Room Single Occupancy $1,440 semester $1,440 semester Application Fee $20 $20 Deposit $150 $150 Lavaca Internet Charge (optional) $60 semester $60 semester Moving Charge* $50 $50 Lost Key Charge - Outside door $30 $30 *The Housing Office retains the right to deny any move not considered to be in the best interest of TSTC. *The Housing Office retains the right to deny any move not considered to be in the best interest of TSTC. Red River Apartments Single Student Housing 63 TSTC Housing Rates Fall 2019 Waco (continued) 2 Bedroom Duplex Student $425 monthly $425 monthly Education Related $510 monthly $510 monthly Other $600 monthly $600 monthly 3 Bedroom Duplex Student $470 monthly $470 monthly Education Related $550 monthly $550 monthly Other $635 monthly $635 monthly 2 Bedroom Single Student $440 monthly $440 monthly Education Related $570 monthly $570 monthly Other $620 monthly $620 monthly 3 Bedroom Single Student $505 monthly $505 monthly Education Related $590 monthly $590 monthly Other $660 monthly $660 monthly 4 Bedroom Single Student $540 monthly $540 monthly Education Related $625 monthly $625 monthly Other $700 monthly $700 monthly 3 Bedroom Small Student $590 monthly $590 monthly Education Related $670 monthly $670 monthly Other $750 monthly $750 monthly 4 Bedroom Small Student $615 monthly $615 monthly Education Related $695 monthly $695 monthly Other $780 monthly $780 monthly 3 Bedroom Large Student $615 monthly $615 monthly Education Related $695 monthly $695 monthly Other $780 monthly $780 monthly 4 Bedroom Large Student $650 monthly $650 monthly Education Related $730 monthly $730 monthly Other $810 monthly $810 monthly 4 Bedroom Extra Large Education Related $750 monthly $750 monthly Other $845 monthly $845 monthly Housing-Wood Frame Family Housing Housing-Brick Veneer 64 TSTC Housing Rates Fall 2019 Waco (continued) 2 Bedroom - Duplex Student $555 monthly $555 monthly Education Related $650 monthly $650 monthly Other N/A N/A 3 Bedroom - Duplex Student $605 montlhy $605 montlhy Education Related $700 monthly $700 monthly Other N/A N/A 3 Bedroom Single Student $650 monthly $650 monthly Education Related $740 monthly $740 monthly Other N/A N/A 4 Bedroom Single Student $685 monthly $685 monthly Education Related $780 monthly $780 monthly Other N/A N/A 3 Bedroom Small Student $700 monthly $700 monthly Education Related $840 monthly $840 monthly Other N/A N/A 3 Bedroom Large Student $725 monthly $725 monthly Education Related $875 monthly $875 monthly Other N/A N/A 4 Bedroom Small Student $725 monthly $725 monthly Education Related $875 monthly $875 monthly Other N/A N/A 4 Bedroom Large Student $750 monthly $750 monthly Education Related $910 monthly $910 monthly Other N/A N/A 4 Bedroom Extra Large Education Related $935 monthly $935 monthly Other N/A N/A Family Housing (Renovated in FY 2010 or Later) Housing-Wood Frame Housing-Brick Veneer 65 TSTC Housing Rates Fall 2019 Waco (continued) Application Fee Per Person over 17 years old $20 $20 Deposit Equal to One month's Rent Equal to One month's Rent Transfer Charge $250 $250 Water/Sewage/Trash Collection costs for Brazos Community Housing $70 mo./duplex $90 mo./house $70 mo./duplex $90 mo./house Pet Fee (non-refundable) No Pets in Housing No Pets in Housing Pet Deposit (refundable) No Pets in Housing No Pets in Housing Lost Key Charge - Outside door $30 $30 Moving Charge* Length of Residency Less than 12 months Not Allowed Not Allowed At least 12 months, but less than 24 months $250 $250 24 months or more $250 $250 *The Housing Office retains the right to deny any move not considered to be in the best interest of TSTC. 66 67 68 69 70 71 72 73 Demand Money Market Total FDIC* Required Collateral at Sufficient Deposits & Time Deposits Deposits Coverage (up to) Collateral Market Value (Insufficient) Depository - Location First Ntl Bank of Central Texas - Waco 31,972,940 2,458,497 34,431,437 500,000 33,931,437 40,239,005 6,307,568 Frost Bank - Harlingen/Fort Bend 222,170 - 222,170 250,000 - 1,086,088 1,113,918 Texas National Bank - Sweetwater 54,221 - 54,221 250,000 - - 195,779 Texas Bank & Trust - Marshall 51,441 - 51,441 250,000 - - 198,559 Citizens National Bank - Red Oak (1,470) - (1,470) 250,000 - - 251,470 Prosperity Bank - Abilene 15,137 - 15,137 250,000 - 1,327,573 1,562,436 Texas Bank - Brownwood 22,545 - 22,545 250,000 - - 227,455 InterBank - Breckenridge 10,755 - 10,755 250,000 - - 239,245 Bank of America - Waco - 10,000 10,000 250,000 - - 240,000 Compass Bank - Waco - 1,649,122 1,649,122 250,000 1,399,122 1,675,000 275,878 First Community Bank - San Benito - 40,121 40,121 250,000 - 49,392 259,271 First Ntl Bank - Albany/Breckenridge - 199,215 199,215 250,000 - - 50,785 Veritex Comm. Bank - N. Richland Hills - 10,000 10,000 250,000 - - 240,000 Texas First State Bank - Waco - 251,265 251,265 250,000 1,265 1,869,883 1,868,618 Texas Regional Bank - McAllen - 132,200 132,200 250,000 - - 117,800 Cash in State Treasury 13,865,306 - 13,865,306 TexasTerm (Government Pool) 7,186,874 - 7,186,874 TexPool (Government Pool) 1,045,754 - 1,045,754 TOTAL 54,445,673 4,750,420 59,196,093 * Federal Deposit Insurance Corp. All demand deposits owned by a public unit held in an insured depository institution within the State in which the public unit is located are added together and insured up to $250,000. Separately, all time and savings deposits owned by a public unit and held in an insured depository institution within the State in which the public unit is located are added together and insured up to $250,000. The term "demand deposits" means both interest-bearing and noninterest-bearing deposits. DEPOSITS SECURITY ON DEPOSITS TEXAS STATE TECHNICAL COLLEGE Pledged Collateral Report November 30, 2018 No Collateral Required No Collateral Required No Collateral Required 74 Beginning Value Ending Value Interest Description as of 8/31/2018 as of 11/30/2018 Rate Operating Funds Cash in State Treasury 12,204,889 13,865,306 2.34% Statewide Operating 18,875,629 18,115,133 2.00% Harlingen - Local Operating 620,550 186,734 1.66% Waco - Local Operating 235,074 173,452 2.00% Sweetwater - Local Operating 239,681 54,221 2.50% Marshall - Local Operating 98,865 51,441 0.10% Fort Bend - Local Operating 99,269 35,436 0.00% Brownwood - Local Operating 59,509 22,545 0.80% System - Local Operating 50,374 185,978 2.00% Abilene - Local Operating 62,381 15,137 0.20% North Texas - Local Operating 86,477 (1,470) 0.19% Breckenridge - Local Operating 54,446 10,755 0.25% Payroll 11,090,697 11,146,308 2.00% Federal Funds 47,934 152,683 0.00% FNB Central Texas - MMKT 1,975,213 1,984,739 2.00% Compass Bank - CD 1,644,576 1,649,122 2.31% FNB Albany/Breckenridge - CD 100,000 100,000 1.00% First Community Bank - CD 172,346 40,121 1.11% Texas First State Bank - CD 250,005 251,265 2.00% Texas Regional Bank - CD - 132,200 2.25% TexasTerm - Pool 6,032,201 6,064,351 2.21% Total Operating Funds 54,000,116 54,235,457 Endowment Funds Bank of America 10,000 10,000 0.05% FNB Albany/Breckenridge 99,215 99,215 1.00% FNB Central Texas 470,151 471,476 1.50% Liberty/Veritex Community Bank 10,000 10,000 2.62% Total Endowment Funds 589,366 590,691 Bond Proceeds FNB Central Texas 2,637,530 2,201,668 2.00% TexasTerm 2,344,362 1,122,523 2.21% TexPool 1,469,118 1,045,754 2.20% Total Bond Proceeds 6,451,010 4,369,945 Total All Investments 61,040,492 59,196,093 TEXAS STATE TECHNICAL COLLEGE Quarterly Investment Report As of November 30, 2018 75 Schedule of Time Deposits: Description Amount Maturity Date Days Maturity Rate Type First National Bank Central Texas 195,553 12/1/2018 365 1.00% Endowment First Community Bank 40,121 12/18/2018 334 1.11% Operating FNB - Albany/Breckenridge 65,000 4/6/2019 365 1.00% Endowment Compass Bank 904,122 4/11/2019 365 2.00% Operating FNB - Albany/Breckenridge 100,000 4/14/2019 365 1.00% Operating FNB - Albany/Breckenridge 34,215 4/14/2019 365 1.00% Endowment Compass Bank 245,000 5/24/2019 365 2.35% Operating Texas First State Bank 251,265 6/27/2019 365 2.00% Operating Compass Bank 250,000 7/19/2019 365 2.41% Operating Compass Bank 250,000 8/7/2019 365 2.47% Operating Bank of America 10,000 8/10/2019 365 0.10% Endowment Texas Regional Bank 132,200 9/13/2019 365 2.25% Operating Veritex Community Bank 10,000 9/7/2020 731 2.62% Endowment Total Time Deposits 2,487,476 366 days 2.10% 2.70% 1.42% $278,721 Albert Srubar, Comptroller Date Jonathan Hoekstra, Chief Financial Officer Date TEXAS STATE TECHNICAL COLLEGE Quarterly Investment Report As of November 30, 2018 I certify that this investment portfolio is incompliance with Texas State Technical College's policy on investments and the Public Funds Investment Act (Texas Government Code, Section 2256). All investments are shown at cost. Market value equals cost due to the type of investment. All balances are per the bank as of the report date. Current One Year Treasury Bill Rate: Lipper Money Market Funds Average Return (1 YR): Weighted Average Maturity (Time Deposits): FY 2019 Interest Received and Accrued (All Investments): Weighted Average Rate of Interest (All Investments): January 31, 2019 January 31, 2019 76