4/27/2009 8:21 AM
In my recent commentary on the Permanent School Fund, I wrote that the fund's staff uses state office buildings. Two years ago, the Permanent School Fund staff moved into leased space in the Wells Fargo Building on 15th Street. I regret the error.
That said, Adam Jones with the Texas Education Agency notes that the lease on the space was negotiated by the Texas Facilities Commission and that several federally-funded agency employees also office there and that the PSF has "by far the smallest staff and lowest operating cost of any major state fund (UTIMCO, ERS, TRA and the Comptroller’s Safekeeping Trust)." I appreciate the staff of the Texas Education Agency for providing this helpful information after seeing my initial post. Reponsibility for any mistakes in the prior column is entirely my own.