October 14, 2008 at 3:15 PM - Finance Committee

1. Call to Order and Determination of Quorum

2. Discussion/Possible Action Items:

2.A. Discussion with Auditors Regarding the 2007-2008 Audit of Financial Reports, Accounting Standards, Governance, Management, and Other Related Matters

2.B. Discussion of Schools FIRST (Financial Accountability Rating System of Texas) Management Report

2.C. Discussion with Financial Advisor Regarding Bond Issuance Process - Timing, Method of Sale, Underwriters, Bond Ratings, PSF and Bond Insurance

2.D. Discussion of an Order by the Board of Trustees of the Dripping Springs Independent School District Authorizing the Issuance of "Dripping Springs Independent School District Unlimited Tax School Building Bonds, Series 2008"; Levying a Continuing Direct Annual Ad Valorem Tax for the Payment of the Bonds; Prescribing the Form, Terms, Conditions, and Resolving Other Matters Incident and Related to the Issuance, Sale, and Delivery of the Bonds, Including the Approval and Distribution of an Official Statement Pertaining thereto; Authorizing the Execution of a Paying Agenda/Registrar Agreement and a Purchase Contract; Complying with the Letter of Representations with the Depository Trust Company; Delegating the Authority to Certain Members of the Board of Trustees and District Staff to Execute Certain Documents Relating to the Sale of the Bonds; and Providing an Effective Date.

2.E. Discussion with Investment Advisor Regarding District Investments and Investment Strategies

2.F. Other

3. Approve Minutes:

3.A. September 16, 2008

4. Adjournment.