Central Presbyterian Church
"...Austin Independent School District Chief Financial Officer Nicole Conley Johnson has been appointed by House Speaker Joe Straus to the new Texas Commission on Public School Finance. She joins House Public Education Committee Chair Dan Huberty, R-Houston, and committee members Diego Bernal, D-San Antonio, and Ken King, R-Canadian, as the sole non-legislator on the body..."
"...The district's reserve fund is projected to fall to about $210 million after that school year, while the deficit could double in 2019-20 and continue growing beyond that – meaning the reserve fund might be depleted in just a matter of years. If that happens, AISD's Chief Financial Officer Nicole Conley Johnson explained, the district could face an entirely different set of challenges: "If we spend through our reserves, it could lead to oversight from the state, reputational damage to the district, and increased cost to the taxpayer through higher interest and borrowing costs" as a result of lower accreditation ratings...."
"...With $20 million of that fund already allocated for other needs, district officials expect the savings account to dip to $210 million after 2018. AISD CFO Nicole Conley Johnson said the deficit is expected to double by the 2019-20 school year, at which point it would no longer be feasible to continue drawing from the reserve funds...."
"...Chief Business and Operations Officer Nicole Conley Johnson told the Chronicle last week that the problem facing AISD leaders is simple: too few students to sustain the district's operating costs. AISD has to "face a new reality" that it will have fewer kids to educate, she says..."
"...With that approval, they can issue the bonds, and raise the interest and sinking component of the tax rate to cover their repayment. District Chief Financial Officer Nicole Conley Johnson has repeatedly told the board that they could issue up to $1 billion without raising the property tax rate..."
"...Laursen said it was Teich, with her knowledge of CodeNEXT and experience on the Planning Commission, who suggested trustees pass a resolution. The agenda item, written by AISD CFO Nicole Conley Johnson, states that a passed resolution "would ensure that the city has clear guidance on how CodeNEXT can align with our shared goals." Like others who feel their recommendations have fallen on deaf ears, AISD feels unheard, beyond speaking engagements with the land use commissions and AISD representation in the CodeNEXT Advisory Group..."
"...Before Monday's meeting, the group organized a small demonstration outside of the boardroom to draw attention to its 15-point list of action items, delivered to the district earlier this month. The group met last week with senior district leaders, including Cruz and Chief Financial Officer Nicole Conley Johnson, to discuss how the manifesto could be implemented...."
"...Moreover, AISD bonds will be some of the most appealing on the market. One of Chief Financial Officer Nicole Conley Johnson's biggest achievements has been to keep the district at an AA bond rating..."
"...• Calculations by Chief Financial Officer Nicole Conley Johnson show that if the board can keep the bond under $1 billion, or perhaps as much as $1.05 billion, the I&S tax rate stays the same...."
"...Now that it's reached "academically acceptable" status, it's the district that could pose the school's biggest threat. Pearce PTA Vice President Betty Johnson said: "If this was a court of law, this would be double jeopardy..."