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TSTC representatives brief Denton County court on $850 million Prop 1 endowment and workforce goals
Summary
Texas State Technical College representatives told the Denton County Commissioners Court that a proposed constitutional amendment (Prop 1) would create an $850 million endowment to fund TSTC capital and equipment, expand capacity (including a future Denton County campus) and requires no new taxes; commissioners asked about programs and outcomes.
The Denton County Commissioners Court heard presentations Tuesday from Texas State Technical College representatives and local supporters urging approval of Proposition 1, a constitutional amendment on the November ballot that would create an endowment to provide capital funding for TSTC campuses and equipment.
Joe Arnold, deputy vice chancellor for Texas State Technical College, said the amendment would create two funds and transfer $850,000,000 from existing state funds to an endowment managed by the Texas comptroller.…
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