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April 2019 Committee on School Finance/Permanent School Fund Item 13

April 2019 Committee on School Finance/Permanent School Fund Item 13

Permanent School Fund Logo Contest Contribution


April 5, 2019

COMMITTEE ON SCHOOL FINANCE/PERMANENT SCHOOL FUND: ACTION
STATE BOARD OF EDUCATION: CONSENT

SUMMARY:
The State Board of Education will consider accepting a donation to cover part of the cost in providing replicas of the winning design in the Permanent School Fund logo contest.

STATUTORY AUTHORITY: Texas Education Code (TEC), §7.102(c)(3)

TEC, §7.102(c)(3) gives the board permission to accept a gift or donation.

The full text of statutory citations can be found in the statutory authority section of this agenda.

PREVIOUS BOARD ACTION: The board in 2018 sponsored a contest called “Brand the Fund” in which high school students could submit logo designs for the Permanent School Fund. A total of 442 students submitted 521 unique designs for consideration. The winning design was announced during the February 1 board meeting.

BACKGROUND INFORMATION AND JUSTIFICATION:
The student who produced the winning design and a graphic artist team who donated their services to facilitate the contest were given small wooden replicas of the winning design. A donation from a board member will help cover part of the cost of the replicas.

MOTION TO BE CONSIDERED:
The State Board of Education:

Accept a donation of $187.38 to help cover the cost of two replicas of the new Permanent School Fund logo.

Staff Members Responsible:
Debbie Ratcliffe, Executive Director, State Board of Education Support