Texas Officials Put Off Decision on Managing Permanent School Fund

Albanese, Elizabeth
June 2002
Bond Buyer;6/14/2002, Vol. 340 Issue 31407, p4
Trade Publication
Reports the postponement of the decision regarding the management of the Permanent School Fund in Texas. Problems with the income-generated spending policy; Conflict of interest between the members of the Texas Board of Education and external fund managers; Benefit of debt service and bond issuances from the school fund.


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