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

Time:
1:00 p.m.

Documents: Packet

Public comment on any agenda item or issue under the jurisdiction of the Finance Commission agencies is allowed unless the comment is in reference to a rule proposal for which the public comment period has ended. However, upon majority vote of the Commission, public comment may be allowed related to final rule adoption.

1. Review and Approval of Minutes of the June 15, 2018, Audit Committee Meeting
2. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Readoption of the Investment Policies for:
    
   1. Department of Savings and Mortgage Lending
   2. Office of Consumer Credit Commissioner
   3. Texas Department of Banking
3. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Department of Savings and Mortgage Lending’s 2018 Annual Internal Audit Report as Prepared and Presented by Garza/Gonzales and Associates
4. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Office of Consumer Credit Commissioner’s 2018 Annual Internal Audit Report as Prepared and Presented by Garza/Gonzales and Associates
5. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Texas Department of Banking’s 2018 Annual Internal Audit Report as Prepared and Presented by Garza/Gonzales and Associates
6. Interviews of Selected Respondents for the Internal Auditor Contract
7. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Selection of an Internal Auditor for the Finance Commission Agencies for Fiscal Year 2019
8. Audit Committee Review of Agencies’ Activities
9. Discussion of and Possible Vote Agencies May 31, 2018 Investment Officer Reports
    
   1. Department of Savings and Mortgage Lending
   2. Office of Consumer Credit Commissioner
   3. Texas Department of Banking
10. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agencies’ 2018 Third Quarter Financial Statements
     
    1. Department of Savings and Mortgage Lending
    2. Office of Consumer Credit Commissioner
    3. Texas Department of Banking
11. Report on Activities Relating to the Texas Financial Education Endowment Fund
12. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agencies’ Fiscal Year 2019 Operating Budgets
     
    1. Department of Savings and Mortgage Lending
    2. Office of Consumer Credit Commissioner
    3. Texas Department of Banking

Note: If all agenda items are not completed on Thursday, August 16, 2018, the Audit Committee will recess and continue on Friday, August 17, 2018 beginning at 8:00 a.m.

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 the Texas Department of Banking, 2601 North Lamar Boulevard, Austin, Texas 78705, (512) 936-6222, as far in advance of the meeting as possible.