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May 27, 2016
Vol. 3, Issue 19
Board of Trustees

Chairman of the Board
Dr. Yvonne Katz
District 7

Vice Chair
Marcelo Casillas
District 4

Secretary
Dr. Gene Sprague
District 6

Asst. Secretary
Denver McClendon
District 2

Joe Alderete, Jr.
District 1

Anna U. Bustamante
District 3

Roberto Zarate
District 5

Clint Kingsbery
District 8

James Rindfuss
District 9

Emmanuel Nyong
Student Trustee

Chancellor

Dr. Bruce Leslie
Alamo Colleges
Alamo Colleges' Bond Rating Upgraded to "AAA" by S&P,
Rated "Aaa" by Moody's
Standard and Poor's recently upgraded the Alamo
Colleges' bond rating to AAA, their highest rating.

This week the Alamo Colleges achieved yet another financial distinction. For the first time, both Moody's and S&P have rated Alamo Colleges outstanding general obligation debt "AAA." This is the highest rating possible and ensures Alamo Colleges' bonds have the lowest possible interest rates, saving Bexar County taxpayers money in interest expense over the life of the bonds. 
 
"It is very likely that few higher education institutions, especially in today's environment, have been awarded the top rating by both these agencies," said Alamo Colleges Chancellor Dr. Bruce Leslie. "I would like to thank Diane Snyder, vice chancellor for finance and administration, and Pamela Ansboury, associate vice chancellor for finance and administration, for their efforts in acheiving these ratings, which affirm the fiscal strength and stable financial management of the Alamo Colleges," he added.
 
S&P upgraded their bond rating for Alamo Colleges from AA+ to AAA.  S&P cited the deep and diverse economic base in Bexar County, a strong financial position with a diverse revenue stream and substantial operating flexibility, given that the combined tax rate is well below the voter-approved district maximum. S&P also revised its Financial Management Assessment (FMA) from "good" to "strong," indicating that the Alamo Colleges' financial practices are strong, well embedded and sustainable.
 
Moody's re-affirmed their Aaa bond rating for Alamo Colleges and cited credit strengths such as the sizeable and growing tax base in the robust San Antonio metropolitan area, considerable financial flexibility under the voter-approved tax cap and a history of stable financial performance.


Alamo Colleges - Northwest Vista College Music Students Take Top Honors in Singing Competition
(l to r) NVC voice/choir instructor Dr. Minkyung Lee congratulates Christian Cruz on his success at the National Association of Teachers of Singing Competition held recently.


Alamo Colleges - Northwest Vista College (NVC) music students took top honors at the National Association of Teachers of Singing competition held recently at UTSA. Christian Cruz placed second in the classical male division, while Silmar Bonilla was a semi-finalist in the musical theater division, and April Rodriguez was a semi-finalist in the classical female division. 

The students mastered audition pieces for the competition under the guidance of Dr. Minkyung Lee, NVC voice/choir instructor, who also served as a judge for the competition.

Alamo Colleges - San Antonio College real estate professor Dr. Johnnie Rosenauer was honored with the Jerry Rutledge Global Visionary Award
at a recent conference.

Alamo Colleges -
San Antonio College's Rosenauer Nets Award at Conference

Alamo Colleges - San Antonio College real estate professor Dr. Johnnie Rosenauer was honored with the Jerry Rutledge Global Visionary Award at the the 40th Annual Texas Real Estate Teachers Conference. He is only the fifth person to recieve this award.

Rosenauer and fellow real estate professor Melissa Weathersby also participated on a panel, and Rosenauer gave a presentation titled "What I Seek When Hiring Real Estate Faculty Members." 


Let us hear from you! Send your comments on our newsletter to   khendricks@alamo.edu. 

The Alamo Colleges mission is: empowering our diverse communities for success. Our vision is: the Alamo Colleges will be the best in the nation in student success and performance excellence. The Alamo Colleges is one district with five community colleges serving more than 90,000 students annually from Bexar County and seven other counties in our service area. We provide an affordable, quality college education that leads to associate degrees, certificates and transfers to four-year universities. Hundreds of thousands of Bexar County residents who have come through the Alamo Colleges education programs are major contributors to the economy and culture of Sa
n Antonio.