AUSTIN — Today, Texas Land Commissioner and Texas Permanent School Fund (PSF) Corporation Board Member Dawn Buckingham, M.D. released the following statement on the Texas Permanent School Fund Corporation Board naming Bob Borden as the Chief Executive Officer (CEO):

“First of all, I would like to thank the members of the PSF Corporation board for their commitment to public education in the state of Texas. I have long said that educating our children is the most important thing we do. I would also like to take this opportunity to thank the interim CEO, Britt Harris, for his service to the Children’s Fund and for steering the PSF in a direction that benefits Texas schoolchildren. It is my hope that Mr. Borden will continue to implement a strong vision that ensures the PSF provides adequate funding for the education of our children. As a board member, I will remain steadfast in advocating that the billions of dollars generated every year are responsibly stewarded.”

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The Texas Permanent School Fund is an over $55 billion fund that is essential to supporting public education in the Lone Star State and is the largest fund of its kind in the nation. Each year, this fund distributes nearly $2.2 billion to Texas K-12 schools.