A Follow-up Audit Report on The Texas Treasury Safekeeping Trust Company, the Texas Guaranteed Tuition Plan, and the Texas Local Government Investment Pool
Report of the Texas State Auditor's Office related to determining whether the Texas Treasury Safekeeping Trust Company (Trust Company), the Texas Guaranteed Tuition Plan (Plan), and the Texas Local Government Investment Pool (TexPool) have implemented recommendations made in 2001; for the Plan only, the report also determines whether the Texas Prepaid Higher Education Board (Board) has adopted actuarial assumptions that are consistent with other states' programs and reasonable when compared with other programs dealing with long-term liabilities, whether the Plan manages its assets to provide benefits to participants while minimizing future liabilities to the State, and whether the Plan disburses …
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Description
Report of the Texas State Auditor's Office related to determining whether the Texas Treasury Safekeeping Trust Company (Trust Company), the Texas Guaranteed Tuition Plan (Plan), and the Texas Local Government Investment Pool (TexPool) have implemented recommendations made in 2001; for the Plan only, the report also determines whether the Texas Prepaid Higher Education Board (Board) has adopted actuarial assumptions that are consistent with other states' programs and reasonable when compared with other programs dealing with long-term liabilities, whether the Plan manages its assets to provide benefits to participants while minimizing future liabilities to the State, and whether the Plan disburses tuition payments to universities and makes refunds to contract purchasers in an accurate and timely manner.
This report is part of the following collection of related materials.
Texas State Auditor's Office: Reports
These reports represent the findings of the Texas State Auditor's Office, which provides independent, objective, and reliable information about the operations of state agencies and higher education institutions.
Texas. Office of the State Auditor.A Follow-up Audit Report on The Texas Treasury Safekeeping Trust Company, the Texas Guaranteed Tuition Plan, and the Texas Local Government Investment Pool,
report,
October 2003;
Austin, Texas.
(https://texashistory.unt.edu/ark:/67531/metapth518189/:
accessed June 30, 2024),
University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.;
crediting UNT Libraries Government Documents Department.