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Preservation Board: $220 million endowment consolidated; $3.5M for museum ranching exhibit added
Summary
The State Preservation Board told the committee the legislative consolidation of three funds now holds more than $220 million and that $3.5 million was included in recommended funding to renovate the ranching exhibit at the Bob Bullock Texas State History Museum.
AUSTIN — The State Preservation Board briefed the Senate Finance Committee on Feb. 11 about capital projects under its custodial care and a new endowment created to fund preservation and repairs for state properties.
LBB told the committee Senate Bill 1333 consolidated three existing funds into the Texas State Buildings Preservation Endowment Fund; the fund held $220.9 million as of Aug. 31, with an additional $11.4 million transferred after…
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