Audit Committee Meeting August 15, 2019

 
Packet
 
 
Minutes
 

 
Audio

Location:
Finance Commission Building | William F. Aldridge Hearing Room,
2601 N. Lamar Blvd. | Austin, Texas 78705

Time:
9:30 a.m.

Public comment on any agenda item or issue under the jurisdiction of the Finance Commission agencies is allowed. Finance Commission members who are not members of the Audit Committee may be present at this committee meeting creating a quorum of the Finance Commission.

  1. Review and Approval of the Minutes of the June 21, 2019, Audit Committee Meeting
     
  2. General Public Comment
     
  3. Review of Agencies’ Activities
     
    1. Department of Savings and Mortgage Lending
    2. Office of Consumer Credit Commissioner
    3. Texas Department of Banking
       
  4. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agencies’ 2019 Third Quarter Investment Officer Reports
     
    1. Department of Savings and Mortgage Lending
    2. Office of Consumer Credit Commissioner
    3. Texas Department of Banking
       
  5. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Re-adoption of the Investment Polices for:
     
    1. Department of Savings and Mortgage Lending
    2. Office of Consumer Credit Commissioner
    3. Texas Department of Banking
       
  6. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Department of Savings and Mortgage Lending’s Information Technology Change Management Program Audit Report as Prepared and Presented by McConnell & Jones LLP
     
  7. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Department of Savings and Mortgage Lending’s 2019 Annual Internal Audit Report as Prepared and Presented by McConnell & Jones LLP
     
  8. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Office of Consumer Credit Commissioner’s Information Technology Change Management Program Audit Report as Prepared and Presented by McConnell & Jones LLP
     
  9. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Office of Consumer Credit Commissioner’s 2019 Annual Internal Audit Report as Prepared and Presented by McConnell & Jones LLP
     
  10. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Texas Department of Banking’s Information Technology Change Management Program Audit Report as Prepared and Presented by McConnell & Jones LLP
     
  11. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Texas Department of Banking’s Fines, Penalties and Restitution Audit Report as Prepared and Presented by McConnell & Jones LLP
     
  12. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Texas Department of Banking’s 2019 Annual Internal Audit Report as Prepared and Presented by McConnell & Jones LLP
     
  13. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agencies’ 2019 Third Quarter Financial Statements
     
    1. Department of Savings and Mortgage Lending
    2. Office of Consumer Credit Commissioner
    3. Texas Department of Banking
       
  14. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agencies’ Fiscal Year 2020 Operating Budgets
     
    1. Department of Savings and Mortgage Lending
    2. Office of Consumer Credit Commissioner
    3. Texas Department of Banking
       
  15. Report on Activities Relating to the Texas Financial Education Endowment Fund
     
  16. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Department of Savings and Mortgage Lending’s contribution of $750,000 to the Texas Financial Education Endowment Fund
     
  17. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Internal Auditor Function for the Finance Commission Agencies for Fiscal Year 2020

Note: The Audit Committee may go into executive session (close its meeting to the public) on any agenda item if appropriate and authorized by the Open Meetings Act, Texas Government Code, Chapter 551.

Meeting Accessibility: Under the Americans with Disabilities Act, the Finance Commission will accommodate special needs. Those requesting auxiliary aids or services should notify Brenda Medina, Texas Finance Commission, 2601 North Lamar Boulevard, Austin, Texas 78705, (512) 936-6222, as far in advance of the meeting as possible.