Alamo Community College District
San Antonio, TX

MEETING OF THE BOARD OF TRUSTEES
AUDIT, BUDGET & FINANCE COMMITTEE MEETING

THURSDAY, JANUARY 19, 2006
5:30 P.M.

GEORGE E. KILLEN COMMUNITY EDUCATION & SERVICE CENTER
101 COMMUNITY MEETING ROOM
201 W. SHERIDAN
SAN ANTONIO, TEXAS

NOTICE IS HEREBY GIVEN THAT THE AUDIT, BUDGET & FINANCE COMMITTEE OF THE BOARD OF TRUSTEES OF THE ALAMO COMMUNITY COLLEGE DISTRICT WILL MEET ON THE 19TH DAY OF JANUARY 2006 AT 5:30 P.M.

This meeting of the Audit, Budget & Finance Committee, being held for the reasons listed below, is authorized in accordance with the Texas Government Code, Sections 551.001 - 551.146. Verification of Notice of Meeting and Agenda are on file in the office of the Chancellor. Executive Session, if required, is authorized by the statute and will be conducted prior to the conclusion of the meeting. If, during the course of the meeting, any discussion of any item listed on the agenda should be held in Executive Session, the Committee will convene in such Executive Session meeting in accordance with Texas Government Code Sections 551.071- 551.084. The Committee members must take action in the open portion of the meeting on items discussed in the Executive Session. The Committee will consider, discuss, and take appropriate action regarding the following items:

AGENDA

CALL TO ORDER AND ROLL CALL

VIDEO

CERTIFICATION AND POSTING OF NOTICE

EXECUTIVE SESSION
Pursuant to Section 551.074(a) (1) of the Texas Government Code, the Board will deliberate the appointment of the District Director of Internal Audit

Pursuant to Section 551.074(a) (1) of the Texas Government Code, the Board will consult with its attorney to seek her advice 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.
Review and Briefing on Confidential Hotline Cases by Carol Riley.
Any action on these matters will be taken in open session.

RECONVENE OPEN MEETING AT 6:00 PM
Items Discussed in Executive Session

CORRECTION AND APPROVAL OF MINUTES

Audit, Budget & Finance Committee Meeting on ............................................................1
December 15, 2005

Audit, Budget, & Finance Committee Meeting on ...........................................................2
September 6, 2005

Audit, Budget & Finance Committee Meeting on ............................................................3
July 27, 2005

FISCAL AFFAIRS

Review and Recommendation for Acceptance of Annual External Audit Report .....4

Discussion and Possible Action on Proposals for Selection of .................................5
Municipal Bond Underwriting Services, for the ACCD Department of Finance and Accounting (RFP #06A-031)

Discussion and Possible Action on Selection of Underwriting Syndicate for .........6
Initial Sale of $62,000,000 in General Obligation Bonds, Municipal Bond Underwriting Services, for the ACCD Department of Finance and Accounting (RFP #06A-031)

Discussion and Possible Action on Selection of Bond Counsel ..............................7
(RFP #06A-033)

NEW BUSINESS

Approval of the Report submitted by Deloitte & Touche on Internal Audit ..............8

Discussion and Possible Action on Temporarily Co-Sourcing Internal Audit Functions ....9

ADJOURNMENT

POSTED AT THE ACCD GEORGE E. KILLEN COMMUNITY EDUCATION & SERVICE CENTER (201 W. SHERIDAN) AT _______ A.M./P.M. ON THIS __________DAY OF _____________________, 2006.

This meeting site is wheelchair accessible. The accessible entrance is located at the front entrance to Building E (entrance faces S. Flores Street). Accessible parking spaces are located in front of Building E, located in the parking lot that faces on S. Flores. Auxiliary aids and services are available upon request (interpreters for the deaf must be requested twenty-four hours prior to the meeting) by calling 210-208-8020.

 

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Denver McClendon, Chairman
Audit, Budget and Finance Committee

_______________________________
Charles J. Conner, Chairman
Board of Trustees

____________________________
Dr. Daniel R. Derrico
ACCD Acting Chancellor