FINANCE COMMISSION OF TEXAS A COMMITTEE MEETING · Page 3 of 3 . There being no further business of the Audit Committee of the Finance Commission of Texas, ChairmanCurl adjourned

FINANCE COMMISSION OF TEXAS AUDIT COMMITTEE MEETING

Friday April 17 2020 830 am

Via Webinar

Due to Governor Greg Abbottrsquos March 13 2020 proclamation of a state of disaster affecting all counties in Texas due to the Coronavirus (COVID-19) and the Governorrsquos March 16 2020 suspension of certain

provisions of the Texas Open Meetings Act the April 17 2020 meeting of the Finance Commission of Texas will be held by telephonic conference call as authorized under Texas Government Code section 551125

Members of the public who would like to participate in this meeting will need to register at

wwwfctexasgov An electronic copy of the agenda is now available at wwwfctexasgov and a copy of the meeting materials will be available on April 9 2020 at wwwfctexasgov To access the recording visit

wwwfctexasgov after April 17 2020

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 A Review and Approval of the Minutes of the February 14 2020 Audit Committee Meeting

B Review of Agenciesrsquo Activities

1 Texas Department of Banking 2 Department of Savings and Mortgage Lending 3 Office of Consumer Credit Commissioner

C Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agenciesrsquo Fiscal Year 2020 Internal Auditorrsquos Risk Assessment and Audit Plan

D Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the

Agenciesrsquo February 29 2020 Investment Officer Reports

E Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the

Agenciesrsquo 2020 Second Quarter Financial Statements

F Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the

Reduction of Assessment Rates and the Reserve and Expenditure of Funds for Thrift Examination and Supervision for FY2020 as needed in Connection with the Charles Schwab Bank SSB and Charles Schwab Premier Bank SSB Conversions

G Report on Activities Relating to the Texas Financial Education Endowment Fund

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

This page left blank intentionally

MINUTES OF THE AUDIT COMMITTEE MEETING

Friday February 14 2020

The Audit Committee of the Finance Commission of Texas convened at 830 am on February 14 2020 with the following members present Audit Committee Members in Attendance Molly Curl Chairman Hector Cerna Lori McCool Chairman Curl announced there was a quorum of the Audit Committee of the Finance Commission of Texas with three members present (06 on audio file)

AGENDA ITEM ACTION LOCATION ON AUDIO

A Review and Approval of the Minutes of the December 13 2019 Audit Committee Meeting

Lori McCool made a motion to Approve the Minutes of the December 13 2019 Audit Committee Meeting Hector Cerna seconded and the motion passed

21 start of

discussion

38 Vote

1 Department of Savings and Mortgage Lending 2 Office of Consumer Credit Commissioner 3 Texas Department of Banking

No Action Required 56

start of discussion

C Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agenciesrsquo November 30 2019 Investment Officer Reports

Hector Cerna made a motion to recommend that the Finance Commission approve the Agenciesrsquo November 30 2019 Investment Officer Reports Lori McCool seconded and the motion passed

135 start of

discussion

703 Vote

D Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agenciesrsquo 2020 First Quarter Financial Statements

Lori McCool made a motion to recommend that the Finance Commission approve the Agenciesrsquo 2020 First Quarter Financial Statements Hector Cerna seconded and the motion passed

721 start of

discussion

1803 Vote

Minutes of the February 14 2020 Audit Committee Meeting Page 2 of 3

E Report on Activities Relating to the Texas Financial Education Endowment Fund No Action Required

1822 start of

discussion

F Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Final Selection of Organizations to Receive Grant Funds in an Aggregate Amount Not to Exceed $300000 From the Texas Financial Education Endowment Fund

Lori McCool made a motion to recommend that the Finance Commission approve the Final Selection of Organizations to Receive Grant Funds in an Aggregate Amount of $300000 from the Texas Financial Education Endowment Fund

bull Girl Scouts of Northeast Texas ndash $35000

bull Building Financial Capacity Coalition ndash $27000

bull First Light Community Foundation ndash $13000

bull Womenrsquos Resource Center of Greater Houston ndash $35000

bull Family Services Association of San Antonio Inc ndash $30000

bull Foundation Communities ndash $30000

bull Family Eldercare ndash $30000 bull Easter Seals of Greater Houston ndash

$35000 bull Center for Transforming Lives ndash

$35000 bull Texas State Affordable Housing

Corp ndash $30000

Hector Cerna seconded and the motion passed

2017 start of

discussion

2847 Vote

There being no further business of the Audit Committee of the Finance Commission of Texas Chairman Curl adjourned the meeting at 900 am (2942 on the audio file)

Molly Curl Chairman Audit Committee Finance Commission of Texas

Charles G Cooper Executive Director Finance Commission of Texas

Brenda Medina Executive Assistant Finance Commission of Texas

Texas Department of Banking Outstanding Audit FindingsRecommendations Report

as of March 31 2020

No outstanding items

Department of Savings and Mortgage LendingAudit Activity Report as of March 31 2020

Office of Consumer Credit Commissioner Status of Agency Activities and Outstanding Audit Findings and Recommendations as of March 31 2020

Future Items Entity Activity Status Date State Office of Risk Management Risk Management Program Review Pending June 8 2020

GarzaGonzalez amp Associates Internal Audit Pending TBD

GarzaGonzalez amp Associates CERTIFIED PUBLIC ACCOUNTANTS

FINANCE COMMISSION Austin Texas

INTERNAL AUDIT PLAN

For Fiscal Year 2020

Internal Audit Plan

TABLE OF CONTENTS Page Internal Auditorrsquos Report 1 I Methodology 2-3 II Audit Scope 4 III Texas Department of Banking

Internal Audit Plan 5 Risk Assessment 5-7

IV Department of Savings and Mortgage Lending

V Office of Consumer Credit Commissioner

Attachments

A Risk Assessment Summary A-1 Texas Department of Banking 13 A-2 Department of Savings and Mortgage Lending 14 A-3 Office of Consumer Credit Commissioner 15

B History of Areas Audited

B-1 Texas Department of Banking 16 B-2 Department of Savings and Mortgage Lending 17 B-3 Office of Consumer Credit Commissioner 18

GarzaGonzalez amp Associates

CERTIFIED PUBLIC ACCOUNTANTS

Finance Commission and Audit Committee Members Finance Commission of Texas Austin Texas Enclosed is the Finance Commissionrsquos proposed Internal Audit Plan (Plan) that was prepared for audits and other functions to be performed in fiscal year 2020 for the Texas Department of Banking (DOB) Department of Savings and Mortgage Lending (SML) and the Office of Consumer Credit Commissioner (OCCC) This Plan determines the scope of internal audit activities and is the source for assignment and prioritization of internal audit responsibilities for fiscal year 2020 Specific planning for audit procedures is a naturally ongoing process thus the Plan is reviewed annually and may be revised by the Finance Commission or Audit Committee as necessary This Plan has been prepared by GarzaGonzalez amp Associates an independent Certified Public Accounting firm following Generally Accepted Auditing Standards International Standards for the Professional Practice of Internal Auditing and the Institute of Internal Auditorsrsquo Code of Ethics contained in the Professional Practices Framework

April 2 2020

207 Arden Grove San Antonio TX 78215 210227-1389 Fax 227-0716

Internal Audit Plan

I Methodology

The Finance Commissionrsquos fiscal year 2020 Internal Audit Plan (Plan) was prepared using a risk assessment process where we reviewed various documents and questionnaires completed by the Audit Committee Chair executive management management and other staff from each of the 3 agencies as documented below These 3 agencies are considered financial regulatory agencies who were granted a self-directed semi-independent (SDSI) status by the Legislature With the SDSI status these agencies are responsible for its costs of operation prohibited from causing the general revenue fund to incur any cost and removed from the legislative budgeting process However the Finance Commission is responsible for setting their spending authority or limits Each agencyrsquos entire operating funds are generated from fees assessed to the businesses they regulate and are used to fund both direct and indirect costs The following documents from the 3 agencies were reviewed and considered in our risk assessment process

Operating Budgets Organizational Charts Policies and Procedures Applicable Laws and Rules Audit andor Monitoring Reports from Third Party Agencies Prior Internal Audit Reports

Questionnaires were developed for completion by the Audit Committee Chair Commissioners Deputy Commissioners Audit Contacts Division Directors and other staff to update our understanding of each division and its role within the overall scheme of the respective agency The questionnaires included topics such as issues andor concerns recent changes in key personnel time elapsed since last audit status of past audit findings and regulatory compliance requirements (ie TAC 202 Information

Security Standards and contract management) Utilizing information obtained through the completed questionnaires and background information reviewed audit areas for each of the 3 agencies were identified as potential audit topics A risk analysis was completed for each individual audit topic and then compiled to develop an overall risk assessment for each of the 3 agencies

FINANCE COMMISSION Internal Audit Plan

The following 8 risk factors were considered for each potential audit topic

1 Materiality Measure of the auditable unitrsquos financial materiality based on the dollar amount per year of assets receipts or disbursements for which the unit is responsible or non-financial materiality based on the number of licensees for which the unit is responsible or the magnitude of its responsibility related to the agencyrsquos primary mission

2 Time since Last Audit or Review Measure of the number of years between the date of the previous audit or review and the date of the risk assessment

3 Results of Last Audit or Review Measure of the results of the previous audit or review 4 Adequacy of Staffing Levels Measure of the adequacy of the staffing level of the

auditable unit as it relates to the achievement of its objectives

5 Policies and Procedures Measure of the existence of policies and procedures documenting the auditable unitrsquos activities

6 Compliance with Contracts Laws and Regulations

Measure of the magnitude of contracts laws andor regulations for which the auditable unit is responsible for complying

7 Susceptibility of Theft or Fraud Measure of the auditable unitrsquos risk and controls in place as it relates to theft or fraud

8 Issues or Concerns Measure of issues or concerns expressed by executive management the Finance Commission or Audit Committee

II Audit Scope

In accordance with the International Standards for the Professional Practice of Internal Auditing the audit scope will encompass the examination and evaluation of the adequacy and effectiveness of the respective agencyrsquos system of internal control and the quality of performance in carrying out

assigned responsibilities The audit scope as applicable considers the following objectives Reliability and Integrity of Financial and Operational Information ndash Review the reliability and

integrity of financial and operating information and the means used to identify measure classify and report such information

Compliance with Policies Procedures Laws Regulations and Contracts ndash Review the

systems established to ensure compliance with those policies procedures laws regulations and contracts which could have a significant impact on operations and reports and determine whether the organization is in compliance

Safeguarding of Assets ndash Review the means of safeguarding assets and as appropriate verify

the existence of such assets Effectiveness and Efficiency of Operations and Programs ndash Appraise the effectiveness and

efficiency with which resources are employed Achievement of the Organizationrsquos Strategic Objectives ndash Review operations or programs to

ascertain whether results are consistent with established objectives and goals and whether the operations or programs are being carried out as planned

III Texas Department of Banking Internal Audit Plan

In addition to performing the 2020 risk assessment for preparation of this Internal Audit Plan (Plan) this Plan also includes 2 audits to be performed a follow-up of the prior year audit recommendations other tasks that may be assigned by the Finance Commission Audit Committee or executive management during the year and preparation of the Annual Internal Audit Report for fiscal year 2020 Risk Assessment

Utilizing information obtained through the completed questionnaires received and background information reviewed 16 audit areas were identified as potential audit topics A risk analysis utilizing the 8 risk factors mentioned in section I of this report was completed for each of the 16 potential audit topics and then compiled to develop an overall risk assessment Following are the results of the risk assessment performed for the 16 potential audit topics identified

HIGH RISK MODERATE RISK LOW RISK

Management Information Systems

Revenue Accounting Process

IT Examinations

Payroll amp Human Resources

Prepaid Funeral Guaranty Fund

ProcurementContract

ManagementHUB

Bank Examinations

Fixed Asset Management

Travel

Trust Examinations

Corporate Activities

Imaging amp Records

Management

Money Service Businesses

Financial Reporting

Perpetual Care Cemeteries

Prepaid Funeral Contracts

This report includes the ldquoRisk Assessment Summaryrdquo as Attachment A-1 and the ldquoHistory of Areas

Auditedrdquo as Attachment B-1 which identifies audits andor reviews performed from fiscal year 2010 through 2019 for the above 16 potential audit topics In the prior 3 years internal audits were performed in the following areas Fiscal Year 20191

Information Technology Change Management Program Fines Penalties and Restitution Processes Fixed Asset Management Follow-Up of the Prior Year Internal Audits

Fiscal Year 2018

Prepaid Funeral Guaranty Fund Trust Examinations Follow-Up of the Prior Year Internal Audits

Fiscal Year 2017

Fixed Asset Management Bank Examinations Follow-Up of the Prior Year Internal Audits

1 Performed by McConnell amp Jones LLP

The areas recommended for internal audits and other functions to be performed for fiscal year 2020 are as follows 1 Completion of the Fiscal Year 2020 Risk Assessment and Preparation of this Internal Audit Plan 2 Revenue Accounting Process

The planned audit procedures include the following

a Review and obtain an understanding of the applicable rules laws and regulations of the Texas Administrative Code Texas Finance Code and Texas Government Code as related to the various fees fines and penalties (fees) assessed by DOB

b Obtain and review written policies and procedures collect available documentation and

conduct interviews to document formalinformal processes and controls related to the assessment collection and accounting for such fees

c Test for the completeness of assessments and collection of selected fees during the audit

period

d Test for timeliness of payment and deposit of selected fees and that the assessment was properly supported and accurately computed in accordance with applicable rules laws and regulations

e Perform analytical procedures to determine that reported revenues for various fees were

reasonable and consistent with actual operations

f Other procedures that may be deemed necessary during audit fieldwork 3 Imaging amp Records Management (Area)

a Review and obtain an understanding of state and federal laws and regulations and other requirements established by the Texas State Library and Archives Commission (TSLAC) as applicable to records management

b Obtain and review DOBrsquos written policies and procedures and conduct interviews to

obtain an understanding of controls processes and current practices in place over the Area and to evaluate whether such controls adequately ensure compliance with applicable requirements identified in procedure a above

c Review DOBrsquos organizational structure (ie Records Management Officer (RMO) Data

Owners and Data Custodians) to assess adequacy of the records management program

d Review DOBrsquos certified records retent ion schedule (RRS) and Form SLR 104

Designation of State Agency Records Management Officer (RMO) to verify proper and timely submission

e Review DOBrsquos current RRS to ensure compliance with applicable sections of the Texas

Government Code and the Texas Administrative Code

f Assess the oversight and management of user accounts for the systems used in the records management program

g Randomly select records from a listing of records deleted during the audit period to

determine whether they were destroyed in accordance with the RRS and DOBrsquos internal procedures and destruction method was appropriate for the classification (public confidential etc)

h Randomly select records from a listing of records imagedscanned during the audit period to

observe the image quality and verify accuracy of the index

i Review various records to ensure they are retained at the security level appropriate for the record type and if applicable record has been transferred to TSLAC either for archiving or for archival review

j Other procedures that may be deemed necessary during audit fieldwork

4 Follow-up of Prior Year Internal Audits and Prepare the 2020 Annual Internal Audit Report

Perform follow-up procedures to determine the status of prior year comments that were not fully implemented as of the fiscal year ended August 31 2019 and prepare the 2020 Annual Internal Audit Report The audit procedures will result in a determination that the recommendation is (1) Fully Implemented (2) Substantially Implemented (3) Incomplete or Ongoing or (4) Not Implemented

5 Other Tasks

Other tasks as may be assigned by the Finance Commission Audit Committee or executive management during the year

IV Department of Savings and Mortgage Lending Internal Audit Plan

In addition to performing the 2020 risk assessment for preparation of this Internal Audit Plan (Plan) this Plan also includes 1 audit to be performed a follow-up of the prior year audit recommendations other tasks that may be assigned by the Finance Commission Audit Committee or executive management during the year and preparation of the Annual Internal Audit Report for fiscal year 2020

Risk Assessment

Utilizing information obtained through the completed questionnaires received and background information reviewed 12 audit areas were identified as potential audit topics A risk analysis utilizing the 8 risk factors mentioned in section I of this report was completed for each of the 12 potential audit topics and then compiled to develop an overall risk assessment

Following are the results of the risk assessment performed for the 12 potential audit topics identified

Payroll and Human Resources

Records Management

Legal and Enforcement

Mortgage Examinations (Includes Training)

Thrift Examinations

Thrift Supervision and Compliance

Procurement Contract Management HUB amp Travel

Mortgage Licensing and Registration

Consumer Protection

Financial Reporting (includes Fixed Assets)

Information Technology Change Management Follow-Up of the Prior Year Internal Audits

Fiscal Year 2018

Thrift Supervision and Compliance Follow-Up of the Prior Year Internal Audits

Fiscal Year 2017 Thrift Examinations Follow-Up of the Prior Year Internal Audits

The area recommended for internal audit and other functions to be performed for fiscal year 2020 are as follows 1 Completion of the Fiscal Year 2020 Risk Assessment and Preparation of this Internal Audit Plan 2 Records Management (Area)

b Obtain and review SMLrsquos written policies and procedures and conduct interviews to obtain

an understanding of controls processes and current practices in place over the Area and to evaluate whether such controls adequately ensure compliance with applicable requirements identified in procedure a above

c Review SMLrsquos organizational structure (ie Records Management Officer (RMO) Data

d Review SMLrsquos certified records retention schedule (RRS) and Form SLR 104 Designation of State Agency Records Management Officer (RMO) to verify proper and timely submission

e Review SMLrsquos current RRS to ensure compliance with applicable sections of the Texas

g Randomly select records from a listing of records deleted during the audit period to determine

whether they were destroyed in accordance with the RRS and SMLrsquos internal procedures and destruction method was appropriate for the classification (public confidential etc)

h Randomly select records from a listing of records imagedscanned as applicable during the

audit period to observe the image quality and verify accuracy of the index

3 Follow-up of Prior Year Internal Audits and Preparation of the 2020 Annual Report

4 Other Tasks

V Office of Consumer Credit Commissioner Internal Audit Plan

In addition to performing the 2020 risk assessment for preparation of this Internal Audit Plan (Plan) this Plan also includes 1 audit to be performed a follow-up of the prior year audit recommendations other tasks that may be assigned by the Finance Commission Audit Committee or executive management during the year and preparation of the Annual Internal Audit Report for fiscal year 2020 Risk Assessment

TFEE Fund Investment Portfolio Administration

Fiscal Division (Includes

Purchasing Travel Payroll and Fixed Assets)

Management Information

Systems

Billing and Collection of Fees

Complaint Intake and

Investigation

TFEE Fund Grants Management

Motor Vehicle Sales Finance Examinations

Regulated Lenders Examinations

Records Management

Credit Access Business Examinations

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Business Registration

Professional Licensing (Pawnshop Employees amp RMLO)

Investment Administration Controls Information Technology Change Management Program Follow-Up of the Prior Year Internal Audits

Fiscal Year 2018 Property Tax Lender Examinations Follow-Up of the Prior Year Internal Audits

Fiscal Year 2017

Registration Texas Financial Education Endowment Fund Follow-Up of the Prior Year Internal Audits

b Obtain and review OCCCrsquos written policies and procedures and conduct interviews to

c Review OCCCrsquos organizational structure (ie Records Management Officer (RMO) Data

d Review OCCCrsquos certified records retention schedule (RRS) and Form SLR 104 Designation of State Agency Records Management Officer (RMO) to verify proper and timely submission

e Review OCCCrsquos current RRS to ensure compliance with applicable sections of the Texas

whether they were destroyed in accordance with the RRS and OCCCrsquos internal procedures and destruction method was appropriate for the classification (public confidential etc)

3 Follow-up of Prior Year Internal Audits and Preparation of the 2020 Annual Report Perform follow-up procedures to determine the status of prior year comments that were not fully implemented as of the fiscal year ended August 31 2019 and prepare the 2020 Annual Internal Audit Report The audit procedures will result in a determination that the recommendation is (1) Fully Implemented (2) Substantially Implemented (3) Incomplete or Ongoing or (4) Not Implemented

4 Other Tasks

ATTACHMENTS

TEXAS DEPARTMENT OF BANKING

Risk Assessment Summary

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

Time Since Results of Adequacy Contracts Susceptibility

Last Audit Last Audit of Staffing Policies and Laws amp of Theft or Issues or

POTENTIAL AUDIT TOPIC Materiality or Review or Review Levels Procedures Regulations Fraud Concerns Total

High Risk gt 162

1 Management Information Systems 2 2000 1 1650 2 3200 2 3000 2 2500 3 3600 2 1600 1 1000 1 8550

Moderate Risk 139 - 162

2 Revenue Accounting Process 3 3000 1 1650 1 1600 1 1500 1 1250 2 2400 2 1600 3 3000 1 60003 IT Examinations 3 3000 1 1650 1 1600 2 3000 1 1250 3 3600 1 800 1 1000 1 59004 Payroll amp Human Resources 3 3000 2 3300 1 1600 1 1500 1 1250 2 2400 2 1600 1 1000 1 56505 Prepaid Funeral Guaranty Fund 2 2000 1 1650 1 1600 1 1500 1 1250 2 2400 2 1600 3 3000 1 50006 ProcurementContract ManagementHUB 2 2000 2 3300 1 1600 1 1500 1 1250 2 2400 2 1600 1 1000 1 46507 Bank Examinations 3 3000 1 1650 1 1600 1 1500 1 1250 3 3600 1 800 1 1000 1 44008 Fixed Asset Management 3 3000 1 1650 1 1600 1 1500 1 1250 2 2400 2 1600 1 1000 1 4000

Low Risk lt 139

9 Travel 2 2000 2 3300 1 1600 1 1500 1 1250 1 1200 2 1600 1 1000 1 345010 Trust Examinations 2 2000 1 1650 1 1600 1 1500 1 1250 3 3600 1 800 1 1000 1 340011 Corporate Activities 3 3000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 1320012 Imaging amp Records Management 1 1000 2 3300 1 1600 1 1500 1 1250 1 1200 1 800 2 2000 1 265013 Money Service Businesses 2 2000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 1 220014 Financial Reporting 1 1000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 1 120015 Perpetual Care Cemeteries 1 1000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 1 120016 Prepaid Funeral Contracts 1 1000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 11200

Risk Factor Rating

1 - Low Risk2 - Moderate Risk3 - High Risk

Attachment A-1

Attachment A-2

DEPARTMENT OF SAVINGS AND MORTGAGE LENDING

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

1 Management Information Systems 2 2000 1 1650 2 3200 1 1500 1 1250 3 3600 2 1600 1 1000 158002 Payroll and Human Resources 3 3000 2 3300 1 1600 1 1500 1 1250 2 2400 2 1600 1 1000 156503 Records Management 1 1000 3 4950 1 1600 1 1500 2 2500 1 1200 1 800 2 2000 15550

4 Legal and Enforcement 3 3000 1 1650 1 1600 1 1500 1 1250 3 3600 1 800 1 1000 144005 Mortgage Examinations (Includes Training) 3 3000 1 1650 1 1600 1 1500 1 1250 3 3600 1 800 1 1000 144006 Thrift Examinations 3 3000 1 1650 1 1600 1 1500 1 1250 3 3600 1 800 1 1000 144007 Thrift Supervision and Compliance 3 3000 1 1650 1 1600 1 1500 1 1250 3 3600 1 800 1 1000 14400

Low Risk lt 141

8 ProcurementContract ManagemenHUB amp Travel 3 3000 1 1650 1 1600 1 1500 1 1250 2 2400 2 1600 1 1000 140009 Revenue Accounting Process 3 3000 1 1650 1 1600 1 1500 1 1250 2 2400 2 1600 1 1000 1 400010 Mortgage Licensing and Registration 2 2000 1 1650 1 1600 1 1500 2 2500 2 2400 1 800 1 1000 1 345011 Consumer Protection 2 2000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 1220012 Financial Reporting (Includes Fixed Assets) 1 1000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 11200

Risk Factor Rating

Attachment A-3

OFFICE OF CONSUMER CREDIT COMMISSIONER

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

1 TFEE Fund Investment Portfolio Administration 3 3000 1 1650 2 3200 2 3000 1 1250 2 2400 2 1600 1 1000 1 7100Fiscal Division (Includes Purchasing Travel Payroll amp

2 Fixed Assets) 3 3000 1 1650 1 1600 1 1500 2 2500 2 2400 2 1600 2 2000 1 62503 Management Information Systems 2 2000 1 1650 2 3200 1 1500 1 1250 3 3600 2 1600 1 1000 1 5800

4 Billing and Collection of Fees 3 3000 1 1650 1 1600 1 1500 2 2500 2 2400 2 1600 1 1000 1 52505 Legal and Enforcement 3 3000 1 1650 1 1600 1 1500 1 1250 3 3600 2 1600 1 1000 1 52006 Complaint Intake and Investigation 2 2000 1 1650 1 1600 2 3000 1 1250 3 3600 1 800 1 1000 1 49007 TFEE Fund Grant Administration 2 2000 1 1650 1 1600 2 3000 1 1250 2 2400 2 1600 1 1000 1 45008 Motor Vehicle Sales Finance Examinations 3 3000 1 1650 1 1600 1 1500 1 1250 3 3600 1 800 1 1000 1 44009 Regulated Lenders Examinations 3 3000 1 1650 1 1600 1 1500 1 1250 3 3600 1 800 1 1000 1 440010 Records Management 1 1000 3 4950 1 1600 1 1500 1 1250 1 1200 1 800 2 2000 1 430011 Credit Access Business Examinations 2 2000 1 1650 1 1600 1 1500 1 1250 3 3600 2 1600 1 1000 1 420012 Pawn Examinations 2 2000 1 1650 1 1600 1 1500 1 1250 3 3600 2 1600 1 1000 1 4200

Low Risk lt 142

13 Property Tax Lender Examinations 1 1000 1 1650 1 1600 1 1500 1 1250 3 3600 2 1600 1 1000 1 320014 Human Resources 1 1000 2 3300 1 1600 1 1500 1 1250 1 1200 2 1600 1 1000 1 245015 Business Licensing 2 2000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 1 220016 Business Registration 2 2000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 1 220017 Professional Licensing (Pawnshop Employees amp RMLO) 1 1000 1 1650 1 1600 1 1500 1 1250 2 2400 1 800 1 1000 1 1200

Risk Factor Rating

Attachment B-1

History of Areas Audited

POTENTIAL AUDIT TOPIC 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

1 Bank Examinations B AB B AB E

2 Corporate Activities A G E

3 Financial Reporting A B EC

4 Fixed Asset Management C C A C

5 Imaging and Records Management A

6 IT Examinations A A E

7 Management Information Systems AD D D DW A D D DG DB E A1D

8 Money Service Businesses A A B E A1

9 Payroll and Human Resources C A V G C G CF FG

10 Perpetual Care Cemeteries A B E A1

11 Prepaid Funeral Contracts A B E A1

12 Prepaid Funeral Guaranty Fund A AE A1

13 ProcurementContract ManagementHUB C A C B C

14 Revenue Accounting Process A A B E A1

15 Travel C A C B CE

16 Trust Examinations A AE

Note Performance Measures is included in the scope of the applicable audit area(s)

Legend (auditsreviews with asterisk are considered limited scope for the audit area)

A Internal audit performed by GarzaGonzalez amp Associates CPAs

A1 Internal audit performed by McConnell amp Jones LLP

B Audit performed by the State Auditors Office (SAO)

C Post-Payment audit performed by the Comptroller of Public Accounts

D IT assessment performed by the Department of Information Resources (DIR) or a third-party vendor procured through the DIR

E Sunset Review performed by the Sunset Advisory Commission

F Review performed by the Texas Workforce Commission

G Review performed by the Department of Public Safety

Attachment B-2

1 Consumer Protection A B D

2 Financial Reporting (Includes Fixed Assets) E E B DE

3 Legal and Enforcement A B D

4 Management Information Systems C C C C C C AC BC CCD A1

5 Mortgage Examinations (Includes Training) A B D

6 Mortgage Licensing and Registration AG B D

7 Payroll and Human Resources E F E E F

8 ProcurementContract ManagementHUB amp Travel E E B DE

9 Records Management

10 Revenue Accounting Process A B D

11 Thrift Examinations AB A D

12 Thrift Supervision and Compliance A B AD

C IT assessment performed by the Department of Information Resources (DIR) or a third-party vendor procured through the DIR

D Sunset Review performed by the Sunset Advisory Commission

E Post Payment Audit performed by the Comptroller of Public Accounts

F EEO Policy Review performed by the Texas Workforce Commission

Attachment B-3

1 Billing and Collection of Fees B D

2 Business Licensing A F B DF

3 Business Registration A D

4 Complaint Intake and Investigation A D

5 Credit Access Business Examinations A D

6 Fiscal Division (includes Purchasing Travel Payroll amp Fixed Assets) C C B CD

7 Human Resources C CG C G

8 Legal and Enforcement B D

9 Management Information Systems A E E E E E BE DE A1E

10 Motor Vehicle Sales Finance Examinations A D

11 Pawn Examinations A D

12 Professional Licensing (Pawnshop Employees amp RMLO) A F B DF

13 Property Tax Lender Examinations AD

15 Regulated Lenders Examinations A D

16 TFEE Fund Grant Administration A A D

17 TFEE Fund Investment Portfolio Administration A D A1

NotePerformance Measures is included in the scope of the applicable audit area(s)

B Audit performed by the State Auditors Office

E IT assessment performed by the Department of Information Resources (DIR) or a third-party vendor procured through the DIR

F Review performed by the Department of Public Safety

G Review performed by the Texas Workforce Commission

Department of Banking Quarterly Investment Report December 1 2019 to February 29 2020

Seized Prepaid Funeral Funds Held in a Financial Institution

Book Value at November 30 2019

Interest Income

Received

Trustee

Fees Paid

Deductions

Additions Book Value at

February 29 2020 Financial Institution Investment

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

Jesse Saucillo Investment Officer

Sami Chadli Investment Officer

3172020 Date

3192020 Date

Trust-Funded Prepaid Funeral Guaranty Fund Quarterly Investment Report December 1 2019 to February 29 2020

Book Value at November 30 2019 Interest Income

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Additions BookMarket

Value at February 29 2020 Maturity

Date Interest

Rate Accrued Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

Trust Account Balances at TrusteeDepositories

Texas Treasury Safekeeping Trust Company United Texas Bank Dallas Texas (CD)

State Bank of Texas Dallas Texas (CD) Frontier Bank of Texas Elgin Texas (CD)

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

(1) Other deductions is comprised of a single $134415 guaranty fund claim paid to consumer M Hernandez related to a PFC sold by El Paso Mission Funeral Home that was not previously reported to the Department

(2) Other additions include (a) $202800 of PFC payments from consumers regarding Hernandez Funeral Home (b) $150000 restitution received from Mr Kevin Keeney (c)$10000 restitution received from Mr Marc Gonzalez (d) $50000 restitution received from Mr Roy and Ms Kay Bryant and (e) $891191 restitution received from Ms Maria de la Luz Hernandez

These funds are held at the Texas Treasury Safekeeping Trust Company in overnight repurchase agreementsThe above investments are in compliance with the investment strategies of Administrative Memorandum 2016

s Jesse Saucillo 3172020 Investment Officer Date

s Sami Chadli 3192020 Investment Officer Date

Insurance-Funded Prepaid Funeral Guaranty Fund Quarterly Investment Report December 1 2019 to February 29 2020

Book Interest Income Book Value at November 30 2019 Received

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Account Balances at TrusteeDepositories

Texas Treasury Safekeeping Trust Company AccessBank Denton Texas (CD)

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

(1) Other additions include assessments collected from permit holders on new insurance-funded contracts

These funds are held at the Texas Treasury Safekeeping Trust Company in overnight repurchase agreements

The above investments are in compliance with the investment strategies of Administrative Memorandum 2016

s Jesse Saucillo Investment Officer

3172020 Date

s Sami Chadli Investment Officer

3192020 Date

Department of Savings and Mortgage Lending Investment Officer Report as of February 29 2020

Recovery FundBeginning Balance Additions Interest Bank Ending Balance

1212019 Reductions Received Fees 2292020Cash amp Cash Equivalents $425894185 $3512900 $2087856 ($37012) $431457929

Bank Name Type Maturity Date Interest Rate BookMarket Value Accrued InterestTx Treasury Safekeeping Trust Co Overnight Repurchase Agreements 1212019 154 $306912873 $12986South Star Bank SSB CD - 24 months 4172020 105 25000000 29896Dalhart Federal Savings CD - 24 months 10182020 250 25000000 866319Horizon Bank SSB CD - 24 months 1312021 227 25000000 45715TBK Bank CD - 24 months 472021 300 24545056 110453First Fed Community Bank SSB CD - 18 months 6132021 170 25000000 92083

$431457929 $1157452

Investment Position Investment ComplianceThe Fund is capable of meeting all known obligations The Departments Investment Policy has been followed

Investment Officer sAntonia Antov Date 3162020

Investment Officer sSteven OShields Date 3162020

Beginning Balance at 120119

Additions (Deductions) Interest Paid Paid Bank Fees

Ending Balance at 02292020

Current Interest Rate

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Prepared By s Adrian Alejandro Hernandez Date 03272020

Investment Officer s Christina Cuellar Hoke Date 03272020

Note These funds are held at the Texas Treasury Safekeeping Trust Company in overnight repurchase agreements The above investments are in compliance with the agencys investment policy

Residential Mortgage Loan Originator Recovery Trust Fund 3008

Office of Consumer Credit CommissionerFiscal Year 2020 - 2nd Quarter

Beginning Balance at 120119 Additions Interest Paid Transfers

Grant Disbursements Paid Bank Fees

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

Invested PortfolioBeginning Balance

at 120119 Additions Change in Value Transfers Transfer Out Paid FeesEnding Balance at

02292020

Cash in Bank -$ -$ 3874091$ -$ -$ -$ 3874091$ Investments - STIF 259506887 1592917 (2287839) (397362) 258414603 Interest amp Dividends Receivable 342657 32142 374799 Trade Receivables - - - Investments - Equities 1157454 (112881) 1044573 Investments - Alternatives 367294335 449696 367744031 Investments - Fixed Income 37234124 (7913475) 29320649 Investments - Futures - - - Investments - SWAPS at Fair Value 1595116 (1595116) - Total Assets-Invested Portfolio 667130573$ 1592917$ (7553382)$ -$ -$ (397362)$ 660772746$

Liabilities

Accounts Payable (1656824)$ 1351832$ -$ -$ -$ -$ (304992)$ Interest Payable (162909) 162909 - Trade Payables - (140575) (140575) Futures Contracts at Fair Value - - - Swaps at Fair Value (35492) (5039128) (5074620)

Total Liabilities (1855225)$ (3664962)$ -$ -$ -$ -$ (5520187)$

Total Net Fiduciary Assets-Invested Portfolio 665275348$ 655252559$

Total Endowment Funds 795661343$ 819720767$

Note These funds are invested with the Texas Treasury Safekeeping Trust Company The above investments are in compliance with the agencys investment policy

Reflects redistributed amount among the asset classes in addition to market value adjustment

Investment Officer s Leslie Pettijohn Date 04032020

Texas Financial Education Endowment Fund 3071

Texas Department of Banking

Operating Statement and Budget Analysis

For the Quarter Ending February 29 2020

QUARTER PERFORMANCE FY 2020 PERFORMANCE

FY 2019 FY 2020 2nd Quarter 2nd Quarter (Over)Under Percent YTD YTD (Over)Under Percent

ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET BUDGET ACTUAL BUDGET BUDGET

REVENUES

Bank amp Trust Regulation $22740931 $25521034 $6555148 $6568081 ($12932) 1002 $13254194 $13281503 ($27309) 1002Penalties - Bank amp Trust Regulation 140000 0 0 10000 (10000) 00 0 10000 (10000) 00Non-Depository Supervision 2562127 3604957 909689 728563 181126 801 1804778 1876062 (71284) 1039Penalties - Non-Depository Supervision 1097740 82600 24000 66176 (42176) 2757 45500 98276 (52776) 2160Miscellaneous Revenues 492200 404800 101200 53137 48063 525 202400 113516 88884 561

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Personnel CostsEmployee Compensation $16952793 $18890947 $4614248 $4259584 $354665 923 $9065046 $8521211 $543835 940Employee Benefits 4905696 5545899 1344714 1244572 100141 926 2638656 2452260 $186396 929Addl HealthRetirement 241770 279995 69018 61249 7769 887 135585 122740 $12845 905Other Personnel Costs 578444 406089 71165 98506 (27341) 1384 128879 169148 ($40269) 1312

Subtotal Personnel Costs $22678703 $25122930 $6099145 $5663911 $435234 929 $11968166 $11265358 $702808 941

TravelIn-State $1367830 $1513093 $314673 $329711 ($15037) 1048 $781016 $710171 $70845 909Out-of-State 658574 709330 115450 111502 3948 966 291960 294443 (2483) 1009

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Operating CostsProfessional Fees $300071 $321504 $31946 $45265 ($13319) 1417 $54187 $66475 ($12288) 1227Consumables 37249 38000 9500 9679 (179) 1019 13659 13640 19 999Office Utilities 41717 46022 8871 8900 (28) 1003 26759 26669 89 997Rent - BuildingSpace 388330 426635 102584 103453 (869) 1008 252350 253112 (762) 1003Rent - EquipmentOther 25179 35178 6403 5965 437 932 16985 16252 732 957Communications 298025 303074 95114 51710 43404 544 165361 120268 45093 727Information Technology 165118 334818 9508 9508 0 1000 149390 149390 0 1000Employee Training 282911 329264 44363 42183 2180 951 116042 111096 4946 957Misc Operating Costs 425321 433543 40406 48140 (7734) 1191 135139 167580 (32441) 1240

Subtotal Operating Costs $1963921 $2268038 $348695 $324803 $23891 931 $929871 $924483 $5389 994

TOTAL EXPENDITURES $26669028 $29613391 $6877963 $6429927 $448036 935 $13971013 $13194455 $776559 944

EXPENDITURES (OVER) $363970 $0 $712074 $996029 ($283955) $1335859 $2184902 ($849043)UNDER REVENUES

Overview of Budget Variances for the Second Quarter of Fiscal Year 2020 - (Variances in excess of $1000 and 5 from budget are reported)

Non-Depository Supervision ndash The variance for the quarter is due to the timing of collected assessments This variance will be offset in future quarter assessments

Penalties - Non-Depository Supervision ndash The variance is due to higher than anticipated collected penalties from unlicensed money service businesses and prepaid funeral contract permit holders

Miscellaneous Revenues ndash The variance for the quarter relates to lower than budgeted interest payments from the Treasury than anticipated This is due to bank assessments that are now reduced quarterly which lowered the available bank balance

Employee Compensation and Benefits ndash The positive variance relates to vacant staff positions Vacancies in terms of FTEs as of February 29 2020 are listed below

Administrative 5 Examiners 18

Other Personnel Costs ndash The negative variance is due to lump sum payments related to two unanticipated separations

Travel Breakdown

In-State Travel Out-of-State TravelRegulatory Supervision $29132866 $6259478 Development and Training $2405094 $4363186 Other Regulatory Activities $952186 $527505 Non-Employee $480948 $000

Total $32971094 $11150169

Professional Fees ndash The negative variance is due to the hiring of a temporary help desk contractor to support IT needs This variance was approved by the Commissioner

Communications ndash The positive variance is due to the cancellation of an electronic subscription and lower than anticipated telephone expenditures

Misc Operating Costs ndash The negative variance is related to hiring a temporary employee in the Consumer Assistance area due to existing vacancies This variance was approved by the Commissioner

Liquidity Report

Actual

Cash at Beginning of Period $ 15975352 Revenues Over (Under) Expenditures $ 996029 Increase (Decrease) in PayablesEncumbrances $ 107126 (Increase) Decrease in Receivables $ 55576 Cash at End of Period $ 17134084

Reserved Cash Balance Bldg maintenanceIT $ - Long-term facilities planning $ 6265917 Payables (net of receivables) $ 2030797 Lump Sums for Retirements $ 649380 Program Funds $ - Other $ -Total Reserved Cash Balance $ 8946094

Unreserved Cash Balance Future Operations $ 8187990 Total Unreserved Cash Balance $ 8187990

Total Cash Balance $ 17134084

Unreserved CashFY2020 Monthly Budget 332 months

Department of Savings and Mortgage LendingOperating Statement and Budget Analysis

QUARTER PERFORMANCE FY 2020 PERFORMANCEFY 2019 FY 2020 2nd Quarter 2nd Quarter (Over)Under Percent YTD YTD (Over)Under Percent

ACTUAL BUDGET BUDGET ACTUAL BUDGET BUDGET BUDGET ACTUAL BUDGET BUDGETREVENUES

Thrift IndustryAssessments $ 2517501 $ 2609638 $ 646132 $ 660278 $ (14146) -22 $ 1286043 $ 1300189 $ (14146) -11Application Fees 14600 20000 5000 32500 (27500) -5500 16000 48000 (32000) -2000

Mortgage IndustryLicensing Fees 3117153 3024935 1015515 1185560 (170045) -167 2526120 2799346 (273226) -108Administrative Penalties 410869 - - 86252 (86252) 00 - 220651 (220651) 00

Misc Revenues 239605 203000 50100 39751 10349 207 100200 83482 16718 167TOTAL REVENUES $ 6299727 $ 5857573 $ 1716747 $ 2004341 $ (287594) -168 $ 3928363 $ 4451668 $ (523305) -133

EXPENDITURESPersonnel Costs

Employee Compensation $ 3718849 $ 4019558 $ 974430 $ 944840 $ 29590 30 $ 1926159 $ 1887215 $ 38944 20Employee Benefits 1228137 1335363 322255 316237 6018 19 633855 622177 11678 18Addl HealthRetirement 53983 60011 14544 14025 519 36 29044 28000 1044 36Other Personnel Costs 72435 78795 22758 20945 1813 80 39435 37322 2113 54

Subtotal Personnel Costs $ 5073403 $ 5493727 $ 1333987 $ 1296047 $ 37940 28 $ 2628493 $ 2574714 $ 53779 20

TravelIn-State $ 209785 $ 213500 $ 49875 $ 39169 $ 10706 215 $ 106750 $ 94520 $ 12230 115Out-of-State 46827 72700 17425 22187 (4762) -273 35850 40036 (4186) -117

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Operating CostsProfessional Fees $ 75959 $ 83500 $ 16600 $ 1962 $ 14638 882 $ 46000 $ 18269 $ 27731 603Consumables 10785 11000 2750 1429 1321 480 5500 3694 1806 328Office Utilities 15401 16761 3993 3330 664 166 8143 7056 1087 133Rent - BuildingSpace 2690 6050 2225 1659 566 255 5600 4827 773 138Rent - EquipmentOther 1085 1250 - - - 00 1250 1223 27 22Communications 56364 74566 12705 11606 1099 87 48306 46080 2226 46Information Technology 110597 128183 23000 21789 1211 53 40918 39669 1249 31Employee Training 47550 54000 7850 6919 931 119 21850 20797 1053 48Misc Operating Costs 224875 159740 22350 21927 423 19 74333 70149 4184 56

Subtotal Operating Costs $ 545305 $ 535050 $ 91473 $ 70621 $ 20852 228 $ 251900 $ 211765 $ 40135 159

TOTAL EXPENDITURES $ 5875320 $ 6314977 $ 1492760 $ 1428024 $ 64736 43 $ 3022993 $ 2921034 $ 101959 34

EXPENDITURES (OVER)UNDER REVENUES $ 424407 $ (457404) $ 223987 $ 576317 $ (352330) -1573 $ 905370 $ 1530634 $ (625264) -691

Department of Savings and Mortgage Lending

Budget Variance Analysis

Revenues

Overall revenues are at 133 over budget

Thrift Industry

Application Fees ndash This category is significantly over budget due to application fees received related to the conversions of Charles Schwab SSBs

Mortgage Industry

Licensing Revenues ndash Overall licensing revenues are 108 over budget due to higher than budgeted RMLO license new and renewal applications received

Fines and Penalties ndash No amount was budgeted

Expenditures

Overall expenditures are at 34 under budget

Professional Fees ndash This category is under budget due to lower than budgeted expenditures for legal services performed by Office of Attorney General

Travel ndash This category is 56 under budget

Travel Breakdown 2nd Qtr FY20 Category In-State Out-of-State TotalRegulation and Supervision $82405 $13978 $96383Development and Training 11158 24039 35197Other Regulatory Activities 0 2019 2019Non-Employee Travel 957 957Total $94520 $40036 $134556

Department of Savings and Mortgage LendingLiquidity Report

ACTUALCash at Beginning of Period $ 11081314

Revenues Over (Under) Expenditures CY 576317Revenues Over (Under) Expenditures PY 3583Increase (Decrease) in Payables (10802)(Increase) Decrease in Receivables 5647Cash at End of Period $ 11656059

Reserved Cash Balance Bldg maintenanceIT $ - Long-term facilities planning 6273736 Payables (net of receivables) 482874 Lump Sums for Retirements 200900 Program Funds - Other -Total Reserved Cash Balance $ 6957510

Unreserved Cash Balance Future Operations $ 4698549Total Unreserved Cash Balance $ 4698549Total Cash Balance $ 11656059

Office of Consumer Credit Commissioner Operating Statement and Budget Analysis For the Quarter Ending February 29 2020

REVENUES

IndustryConsumer Lending Industry $2072126 $2140633 $924051 $1523235 ($599184) 1648 $2038852 $2096318 ($57466) 1028Credit Access Industry 1181425 1166200 $666753 $1050800 (384047) 1576 1147963 1105175 42788 963MVSF Industry 4397417 933300 $223784 $276026 (52242) 1233 457848 657740 (199891) 1437Pawn 1059100 925632 $10011 $7875 2136 787 21904 25948 (4044) 1185Registered Entities 315676 293760 $180199 $231590 (51391) 1285 252572 308345 (55773) 1221Penalties 143500 0 $0 $12700 (12700) 00 0 37700 (37700) 00

Miscellaneous Revenue 262431 210000 $57127 $49924 7203 874 103023 105574 (2552) 1025TOTAL REVENUES $9431675 $5669525 $2061924 $3152150 ($1090226) 1529 $4022161 $4336800 ($314638) 1078

EXPENDITURES

Personnel CostsEmployee Compensation $5084961 $5247775 $1312661 $1193574 $119087 909 $2585193 $2388886 $196307 924Employee Benefits 1787102 1608490 $413674 $389825 23849 942 799940 759630 40310 950Addl HealthRetirement 74870 308745 $77760 $69092 8667 889 154163 139407 14756 904Other Personnel Costs 174451 113870 $28117 $22906 5212 815 55495 46322 9173 835

TravelIn-State $771680 $769500 $192375 $159163 $33212 827 $384750 $349305 $35445 908Out-of-State 7834 8500 $2125 $6275 (4150) 2953 4250 13472 (9222) 3170

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

Operating CostsProfessional Fees $101035 $226450 $56613 $12808 $43805 226 $113225 $114940 ($1715) 1015Consumables 12190 16000 $4000 $3942 58 986 8000 6818 1182 852Office Utilities 18732 21400 $5350 $4174 1176 780 10700 8688 2012 812Rent - BuildingSpace 23908 24750 $6188 $6179 8 999 12375 14686 (2311) 1187Rent - EquipmentOther 2995 3300 $825 $1106 (281) 1341 1650 1981 (331) 1201Communications 69932 69775 $17444 $16433 1011 942 34888 33215 1673 952Information Technology 274972 237699 $59425 $37740 21685 635 118849 53518 65332 450Employee Training 13553 13500 $3375 $2570 805 761 6750 3094 3656 458Misc Operating Costs 340929 330187 $82547 $68062 14485 825 165094 136046 29048 824

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Office of Consumer Credit Commissioner Overview of Budget Variances for 2nd Quarter FY 2020 Revenues- 1078 of YTD budget

MVSF Industry The revenue variance for the MVSF industry relates to a higher than expected rate of reinstatements (late renewals) and for new license applications with late filing fees generally for retroactive effect to cover unlicensed activity Most of this revenue variance was reported in the first quarter Registered Entities The revenue variance for the registered entities relates to the timing differences in renewal cycles especially for crafted metal dealers transitioning to a December renewal time frame Additionally registered creditors experienced a higher than expected rate of reinstatements (late renewals) and for new registration applications with late filing fees generally for retroactive effect to cover unregistered activity

Expenditures- 914 of budget

Salaries and Wages Expenditures are 941 of the projected budget The variance is primarily due to vacancies The OCCC has chosen to defer the hiring of three financial examiners until later in the calendar year Additionally the agency has one posted position that has been difficult to fill Travel Expenditures are at 93 of the YTD budget Travel expenses were below budget during the 2nd quarter due to several examiner vacancies and a traditional decline in travel activity during December

In-State Out-State Regulatory Supervision $27860075 $326656

Development amp Training 6922856 1020516 Other Reg Activities - -

Non-Employee 147611 - Total $34930542 $1347172

Professional Fees and Information Technology Professional fees are at budget and IT costs are under budget due to a misclassification when the accruals were being done in FY 19 The reversal of the accrual has an impact in FY 20 because the accrual does not offset the payment of the invoice in the same category Further certain expenses for Information Technology including acquisition of hardware scheduled for normal retirement are not expected to be incurred until later in the fiscal year Misc Operating Costs Miscellaneous operating costs are recorded at 824 of the projection which is under budget primarily due to timing differences in expenses not yet recognized but expected later in the fiscal year Two of the substantive differences related to the assessment for the Statewide Cost Allocation Plan ($11500) and for Fees for Receiving Electronic Payment (under budget by $16 300 but costs expected to be incurred later in year)

Actual

Cash at Beginning of Period $ 12412431Revenues Over (Under) Expenditures 1159980Increase (Decrease) in PayablesEncumbrances 7478(Increase) Decrease in Receivables 121228Cash at End of Period $ 13701117

Reserved Cash Balance Building MaintenanceIT $ - Long-term facilities planning 6264767 Payables (net of receivables) 693264 Lump sums for Retirements 202643 Program Funds - Other - Total Reseved Cash Balance 7160674

$ 13701117 Total Cash Balance

Unreserved Cash FY 2020 Monthly Budget 87

Office of Consumer Credit Commissioner

Liquidity ReportFor the Quarter Ending February 29 2020

Texas Financial Education Endowment (TFEE)

TFEE Report ndash April 17 2020 ACTIVITIES RELATING TO THE TEXAS FINANCIAL ENDOWMENT FUND Since the Finance Commission meeting in February the Texas Financial Education Endowment (TFEE) Fund has reimbursed $2762972 to 2018-2019 grant recipients Two grant recipient reimbursements are still being processed The 4th period TFEE 2018-2019 Grant Cycle report is attached

The Grant Advisory Committee recommended ten 2020-2021 TFEE grant recipients which were approved by the Finance Commission at the last meeting The organizations are as follows Building Financial Capacity Coalition Center for Transforming Lives Easter Seals of Greater Houston Family Eldercare Family Services Association of San Antonio FirstLight Community Foundation Foundation Communities Girl Scouts of Northeast Texas Texas State Affordable Housing Corporation and Womenrsquos Resource Center of Greater Houston Each recipient was awarded between $5000 and $40000 of the $300000 in TFEE funds for this grant cycle The 2020-2021 TFEE grant cycle started on March 1st Semi-annual reports are due by July 31st

Progress report prepared for the Finance Commission of Texas

TEXAS FINANCIAL

EDUCATION ENDOWMENT 2018-19 GRANT CYCLE

SEMI-ANNUAL GRANT REPORT No 4

JULY 1 2019 ndash DECEMBER 31 2019

Contents

SUMMARY 1 BUILDING FINANCIAL CAPACITY COALITION 3 CENTER FOR TRANSFORMING LIVES 4 FAMILY SERVICE ASSOCIATION OF SAN ANTONIO 5 FIRSTLIGHT COMMUNITY FOUNDATION 6 GOODWILL INDUSTRIES OF CENTRAL TEXAS 7 HARRIS COUNTY DEPARTMENT OF EDUCATION 8 MANSFIELD MISSION CENTER 9 TRINITY BASIN PREPARATORY 10 WOMENrsquoS RESOURCE OF GREATER HOUSTON 11

Grant Advisory Committee

Lori McCool Finance Commission Representative Vince E Puente Sr Finance Commission Representative

Eric Norrington Credit Access Business Industry Representative Steven OrsquoShields Department of Savings and Mortgage Lending Representative

Laura Rosen Consumer Advocate Representative Roy Lopez Financial Education Consultant

Grant Coordinator

Andrea Johnson Office of Consumer Credit Commissioner

2018-19 TFEE Grant Recipients

Building Financial Capacity Coalition K-12 Financial Education amp Capability Center for Transforming Lives Financial Coaching Family Services Association of San Antonio Financial Coaching FirstLight Community Foundation K-12 Financial Education amp Capability Goodwill Industries of Central Texas Adult Financial Education amp Capability Harris County Department of Education K-12 Financial Education amp Capability Mansfield Mission Center Financial Coaching Trinity Basin Preparatory K-12 Financial Education amp Capability Womens Resource of Greater Houston Adult Financial Education amp Capability

Summary Background

The Texas Financial Education Endowment (TFEE) Grant Program awarded nine organizations an aggregate amount of $250000 in grant funds for program activities during the 2018-19 grant cycle These organizations strive to increase and promote the financial capability of all Texas consumers

Program Highlights During the fourth reporting period (July 1 2019 ndash December 31 2019) TFEE funds provided 1797 hours of direct financial education training to 3277 Texas consumers through group presentations and one-on-one financial coaching sessions In addition 570 teachers were trained to be better prepared to provide financial education to their students in accordance with Texas standards

Financial Status

Amount Awarded $25000000

No 1 (January 1 2018 ndash June 30 2018) $4459876 No 2 (July 1 2018 - December 31 2018) $5661921No 3 (January 1 2019 ndash June 1 2019) $8470211

Building Financial Capacity Coalition $1259145Center for Transforming Lives $000Family Service Association of San Antonio $000FirstLight Community Foundation $400000Goodwill Industries of Central Texas $806987Harris County Department of Education $000Mansfield Mission Center $596042Trinity Basin Preparatory $180135Womenrsquos Resource of Greater Houston $779808

$4022117Total Requested Amount to Date $22614125 of Funds Expended to Date 9046

Amount Of Funds Remaining $2385875Reimbursement Reports pending review

Previous Reimbursement totals

Reimbursement Requests (No 4 July 1 2019 ndash December 31 2019)

Total Requested Amount for Reimbursement Request No 4

Building Financial Capacity Coalition (BFCC) The Building Financial Capacity Coalitionrsquos mission is to foster community prosperity for the Rio Grande Valley by enhancing the knowledge and skills needed for improved financial decision making

The BFCC Money Smart Ambassador Program was created to teach young adults the importance and the basics of personal finances BFCC partners with local high schools to embed the curriculum into required classes and holds an Annual Financial Literacy Summit in partnership with congressmen from the area

PROGRAM TYPE K-12 FINANCIAL EDUCATION amp CAPABILITY

GRANT TERM TWO YEAR | AMOUNT AWARDED $29000

FUNDS REQUESTED THIS PERIOD $1259145 | TOTAL REIMBURSED YTD $1552096

Program Update During the fourth reporting period BFCC reached 80 teachers and students through direct training BFCC continued to modify and extend their program for at risk teen mothers These teens cannot participate in the ambassador program as it stands so it was modified to a one day training programming to help these students in need

Reporting Period Update (July 1 2019 ndash December 31 2019)

Major Achievements bull Trained teachers reached over 3000 students bull Provided train-the-trainer program for 132 teachers bull Provided 92 hours of direct financial education services to participants bull Money Smart Ambassador Program and Congressional Summits with the support of

Congressman Filemon Vela were held in several locations across the Rio Grande Valley

Biggest Challenges bull Tracking success of the programs especially when using the existing survey bull Embedding the curriculum into the high schools bull Smart Ambassadors are high school seniors and they are bombarded with activities their senior

year bull Administrative turnover with the largest school district they work on this project with

Center for Transforming Lives (CTL) Center for Transforming Lives helps homeless and impoverished women children and families move from poverty to independence through homeless services (an emergency shelter for women and housing assistance for families) Early Childhood Development (providing free or subsidized early childhood education to impoverished and homeless families) and Financial Empowerment Services (individual financial coaching and other programs to promote financial self-sufficiency)

The goal for this program is to empower participants to develop financial self-sufficiency credit improvement and asset building through one-on-one long term financial coaching

PROGRAM TYPE FINANCIAL COACHING

GRANT TERM TWO YEARS | AMOUNT AWARDED $33000

Program Status to Date CTL had no new information to report regarding the last six months of the 2018-2019 TFEE grant

The program was successfully completed by the 2019 mid-year reporting period

Major Achievements bull 601 total participants served in the last fiscal year bull 63 financial education workshops were delivered to 573 duplicated participants bull 1411 individual coaching sessions were delivered to 441 unduplicated participants bull 68 of participants who completed four coaching sessions achieved at least one of their goals

o Increase income savings and credit score o 19 participants completed program requirements for matched savings towards asset

purchases 3 first home 2 post-secondary education 14 small businesses

Biggest Challenges bull Although achievable they state the tracking data was much more labor intensive than

anticipated

Family Service Association of San Antonio (FSASA) Family Service Association of San Antonio seeks to increase economic opportunities for low-income families and individuals The Financial Empowerment Services program provides San Antonio residents financial education and capability services through one-on-one financial counseling The focus is on reducing debt increasing credit scores savings banking and wealth building

PROGRAM TYPE ADULT FINANCIAL EDUCATION amp CAPABILITY

Program Status to Date FSASA has far exceeded their goal for the 2018-2019 TFEE grant cycle

In total they reached 3835 participants with 2196 direct contact hours of one-on-one financial coaching sessions

In addition FSASA helped 555 individuals increase their credit scores by 35 points and 527 participants reduced their debt by 10

Major Achievements bull They have found the best way to affect behaviors is to provide financial counseling on an

ongoing basis o 90 day follow-up and reevaluation of financial goals is essential

bull Strong programmatic achievements and our participants achieve high outcomes in a relatively short period of time

Biggest Challenges bull Staffing enough people to assist clients ndash theyrsquove increased funding streams and added an

additional financial counselor

FirstLight Community Foundation (FLCF) FirstLight Community Foundation strives to help youth and families in the El Paso and Las Cruces communities improve their lives by achieving financial independence FLCF has focused on the Brighter U Financial Literacy Program which provides implementation of financial education into El Paso Independent School District High Schools Brighter U is an engaging online resource that uses video animations and interactive activities to bring complex financial concepts to life for students

The FLCF is a 501(c)(3) charitable foundation that was founded in 2015 in order to do more for and give back to the underserved communities FLCF has incorporated financial literacy and scholarships as a focus for the foundation in order to help the youth and families achieve financial independence

Program Status to Date During the fourth reporting period FLCF reached 525 students through a total of 1360 direct hours of learning There has been an overall strong push for implementation of the Brighter U Financial Literacy Program in the schools for all three of the districts FLCF sponsor and additional schools are expected to participate in Spring 2020

They report by and large schools that have launched the program have demonstrated great success They expect continued utilization success with and the overall benefits of the Brighter U Program will help lead to the implementation and launch of the program in more campuses even beyond the grant period

Major Achievements bull Provided 450 participants with financial education bull Dedicated 1919 direct hours of service to participants bull Provided services to 11 schools

Biggest Challenges bull Direct outreach to non-participating schools to utilize the program bull Implementing the program can be difficult since students still need to focus most of their

academic time on their regular classroom subjects

Goodwill Industries of Central Texas Goodwill Industries of Central Texas strives to increase the financial knowledge and capability of low-income clients leading to increased self-sufficiency and economic security Goodwill has developed a strong curriculum that clients enjoy combining didactic elements and the relevant information clients need to achieve financial capability Goodwill generates lifelong connections to work where clients have access to meaningful employment and educational opportunities

FUNDS REQUESTED THIS PERIOD $806987| TOTAL REIMBURSED YTD $3179487

Program Status to Date During the fourth grant cycle reporting period Goodwill Industries had more trainers offering workshops and individual sessions making for more training dates available They have shown a good return rate of clients attending several trainings

Goodwill has incorporated real-life event stimulating activities into the training sessions to encourage critical thinking and habit building

Major Achievements bull Provided 248 participants with financial education bull Hosted 114 group presentations bull Assisted seven participants in establishing or increasing their savings bull Average credit scores increased by 38

Biggest Challenges bull At this time Goodwill Industries of Central Texas reports no significant setbacks

Harris County Department of Education (HCDE) Harris County Department of Education (HCDE) collaborates with 25 school districts in Harris County to provide specialized services that school districts are unable to provide For example HCDE provides therapy services staff development training for teachers and administration adult education after-school programs and other services In addition through the 2018-19 TFEE Grant Cycle HCDE plans to train 70 High School mathematics social studies and career and technical educators how to implement the Texas State Board of Educationrsquos newly adopted career and technology course Financial Mathematics

FUNDS REQUESTED THIS PERIOD $000 |TOTAL REIMBURSED YTD $1805875

Program Status to Date In June 2019 HCDE conducted a six-hour financial literacy professional development course titled New Course New Challenges Tackling Texas Financial Literacy Through Financial Professional Development The purpose and goal of the program was to train 70 high school mathematics social studies and Career amp Technical Educators on how to implement the Texas State Board of Education newly adopted high school Career amp Technical Education course Financial Mathematics

Their program ended in June 2019 They had no new program data to report for the final reporting period of the 2018-2019 TFEE grant

Major Achievements bull 100 of the participants rated the session overall as either good or excellent bull Additionally all the participants reported the training expanded their knowledge of the topic

Biggest Challenges bull Budget revisions for funding the program bull Completing the RFP process and obtaining board approval by scheduled workshop date bull Getting all districts to attend the workshop

Mansfield Mission Center (MMC) Mansfield Mission Center is a non-profit organization committed to holistic family development in Mansfield Independent School District and surrounding areas MMC interrupts financial crisis for families and helps them create a long-term plan to turn their financial situation around MMCrsquos wrap-around approach helps ensure families are safe by being able to afford to stay in their homes keeping utilities turned on and food in the fridge Once stable coaches give clients the support and resources to create and implement long-term financial and employment goals

GRANT TERM TWO YEARS I AMOUNT AWARDED $33000

Program Status to Date During the fourth reporting period MMC provided 423 direct service hours to 237 participants through one-on-one financial coaching MMC offered financial assistance with GED class expenses to students who attended financial coaching outside of class Moving forward MMC will continue to strategically integrate financial education and employment or education services

MMC learned they need to meet their clientsrsquo physical and social needs in order to better implement their financial services

This organization plans to continue focusing on increasing household income for clients and increase the number of clients that become banked and increase their savings

Major Achievements bull Provided 237 participants with long-term financial counseling bull Provided 423 direct service hours to participants bull 2 participants reported reducing their usage of consumer loan products or other debt bull Participants saw an average savings increase of $12300

Biggest Challenges bull Creating an intake procedure that can be implemented across all departments so it is easier for

clients to utilize all services an d only have to qualify for them once

Trinity Basin Preparatory (TBP) Trinity Basin Preparatory is an open enrollment charter school that has been awarded funding in order to expand the BizKid$ Entrepreneur Contest to 24 classrooms or all of the 7th and 8th grade classes Each classroom will work as a team to compete in the contest The contest gives the students a hands-on opportunity to become more financially literate and work on critical thinking reading writing mathematics and team work

GRANT TERM TWO YEARS |AMOUNT AWARDED $17000

Program Status to Date

During the fourth grant cycle period Trinity Basin Preparatory continued to report problems with participation They state only eleven of the twenty-eight 7th and 8th grade classes (256 students) participated in the BizKid$ program Partnership staffing changes also played a role in participation in the program They also report prepost assessment issues

TBP has only requested reimbursement for program expenses pertaining specifically to the BizKid$ program

Major Achievements

bull 256 students in the BizKid$ in-person financial literacy classes bull Delivered financial literacy education components to several 7th and 8th grade classes bull 256 students learned how to write a business plan bull Made new connections with local credit unions to help support financial literacy programs

Biggest Challenges

bull Not having a captive audience meaning not able to control who is included in the program bull Student participation

Womenrsquos Resource of Greater Houston The Womenrsquos Resource of Greater Houston provides services that help to ensure that women from all walks of life can become financially stable and self-sufficient by acquiring essential financial knowledge skills and confidence needed to make sound financial decisions By fostering strong partnerships with other social service agencies and offering services free of charge and at a convenient time and place Womenrsquos Resource has found an excellent way to reach people who would not otherwise have access to their programs and services Womenrsquos Resources offers two programs for our adult clients - YourLife Finance Classes (group presentations) and YourLife Possibility Groups (small group counseling)

FUNDS REQUESTED THIS PERIOD $779808|TOTAL REIMBURSED YTD $2520192

During the third reporting period Womenrsquos Resource provided a total of 1976 participants with financial education through group classes and small group financial counseling Most of the participants seeking services are low-income in a state of transition and are often hard to contact

The new curriculum has been deployed and WRGH is working to develop a new partnership for all of their Your Life programs WRGH attributes improved outcomes during the second 2019 reporting period due to the introduction of the new curriculum The organization reports class participants are attending more classes in their six series allowing WRGH to measure outcomes over time

WRGH is now going on to form a pilot program with the United Way and the Houston Area Womenrsquos Center to develop best practices for increasing financial capabilities for domestic violence survivors in both an emergency shelter setting and also as they transition to independent living

Major Achievements bull 97 of participants reported learning something new bull Provided 1976 participants with financial education services bull Provided 194 financial education classes bull 58 of participants attended two or more classes bull 32 of participants took four or more classes bull 86 of participants said they would recommend the class to a friend bull Retention rate is better than expected with a being group size of ten and ending with eight

Biggest Challenges bull Two significant challenges revisions to guides and curriculum bull Increasing the class offerings for volunteer class instruction

o Now pairing experienced volunteers with new volunteers to co-teach classes

Audit Committee Agenda

Minutes of the February 14 2020 Meeting

DOB - Agency Activities

SML - Agency Activities

OCCC - Agency Activities

FY2020 Internal Auditors Risk Assessment and Audit Plan

DOB - Investment Officer Report

SML - Investment Officer Report

OCCC - Investment Officer Report

DOB - 2nd Quarter Financial Statements

SML - 2nd Quarter Financial Statements

OCCC - 2nd Quarter Financial Statements

TFEE Activities

TFEE Semi-Annual Grant Report

21 start of

discussion

38 Vote

start of discussion

135 start of

discussion

703 Vote

721 start of

discussion

1803 Vote

1822 start of

discussion

Corp ndash $30000

2017 start of

discussion

2847 Vote

as of March 31 2020

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

21 start of

discussion

38 Vote

start of discussion

135 start of

discussion

703 Vote

721 start of

discussion

1803 Vote

1822 start of

discussion

Corp ndash $30000

2017 start of

discussion

2847 Vote

as of March 31 2020

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

1822 start of

discussion

Corp ndash $30000

2017 start of

discussion

2847 Vote

as of March 31 2020

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

as of March 31 2020

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

as of March 31 2020

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

as of March 31 2020

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

INTERNAL AUDIT PLAN

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Internal Audit Plan

Attachments

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

April 2 2020

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Internal Audit Plan

I Methodology

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

II Audit Scope

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

IT Examinations

ProcurementContract

ManagementHUB

Bank Examinations

Travel

Trust Examinations

Imaging amp Records

Management

Financial Reporting

Fiscal Year 2018

Fiscal Year 2017

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

period

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

5 Other Tasks

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Risk Assessment

Records Management

Thrift Examinations

Consumer Protection

Fiscal Year 2018

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

4 Other Tasks

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Systems

Investigation

Records Management

Pawn Examinations

Property Tax Lender

Examinations

Human Resources

Business Licensing

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Fiscal Year 2017

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

4 Other Tasks

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

ATTACHMENTS

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 162

Low Risk lt 139

Risk Factor Rating

Attachment A-1

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Attachment A-2

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 149

Low Risk lt 141

Risk Factor Rating

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Attachment A-3

RISK FACTOR WEIGHT

1000 1650 1600 1500 1250 1200 800 1000

RISK FACTORS

1 2 3 4 5 6 7 8

Compliance

High Risk gt 156

Low Risk lt 142

Risk Factor Rating

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Attachment B-1

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Attachment B-2

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Attachment B-3

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Interest Income

Received

Trustee

Fees Paid

Deductions

Type Maturity

Date Interest

$000 $000 $000 $000 $000 $000 NA NA

Total Seized Funds

$000 $000 $000 $000 $000 $000

3172020 Date

3192020 Date

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Received Trustee

Fees Paid

(1) Other

Deductions

(2) Other

Date Interest

on CDs

$143517034 $781699 $13811 $134415 $1309151 $145459658 -- -- $91196

$72309846 $24697243 $24000000 $24452569

312020 12192020 12162020 4182020

152 195 185 243

$11875 $10948 $68373

Subtotal $145459658

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Trustee Fees Paid

Other Deductions

(1) Other

Date Interest

on CDs

$64081702 $286080 $9432 $000 $552800 $64911150 $22511

Subtotal

$40347995 $24563155 $64911150

312020 7142020

152 223 $22511

3172020 Date

3192020 Date

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

$431457929 $1157452

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

15714616$ 82500$ 58817$ (6110)$ 15849823$ 1523

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Cash 130385995$ 36311901$ 560927$ -$ (2591946)$ (198669)$ 164468208$ 1523

02292020

Liabilities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

REVENUES

TOTAL REVENUES $27032998 $29613391 $7590038 $7425956 $164081 978 $15306872 $15379356 ($72484) 1005

EXPENDITURES

Subtotal Travel $2026404 $2222423 $430123 $441213 ($11089) 1026 $1072976 $1004614 68362 936

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Travel Breakdown

Total $32971094 $11150169

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Liquidity Report

Actual

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Subtotal Travel $ 256612 $ 286200 $ 67300 $ 61357 $ 5943 88 $ 142600 $ 134556 $ 8044 56

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Revenues

Thrift Industry

Mortgage Industry

Expenditures

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

REVENUES

EXPENDITURES

Subtotal Travel $779513 $778000 $194500 $165438 $29062 851 $389000 $362777 $26223 933

$672532 ($3330416) ($200554) $1158300 ($1358854) ($433160) $266793 ($699953)

UNDER REVENUES

EXPENDITURES (OVER)

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Actual

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

TEXAS FINANCIAL

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Contents

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Grant Coordinator

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Summary Background

Financial Status

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

anticipated

Major Achievements

Biggest Challenges

TFEE Activities

Major Achievements

Biggest Challenges

TFEE Activities

Major Achievements

Biggest Challenges

TFEE Activities

Major Achievements

Biggest Challenges

TFEE Activities

Major Achievements

Biggest Challenges

TFEE Activities

Major Achievements

Biggest Challenges

TFEE Activities

Major Achievements

Biggest Challenges

TFEE Activities

Documents

FINANCE COMMISSION OF TEXAS A COMMITTEE MEETING · Page 3 of 3 . There being no further business of the Audit Committee of the Finance Commission of Texas, ChairmanCurl adjourned