2010 Board of Directors

PresidentArt Alfaro, City of Austin
Art Alfaro photoArt Alfaro has been the Treasurer for the City of Austin since 2005.  He is responsible for the management of the City's $4.5 billion debt management program and oversees the management of the City’s $1.6 billion investment portfolio.  Art has over 23 years of experience in the public sector.  Some of his previous experience includes handling the execution of fixed income and equity investment trades for the City’s three Pension Plans. Art is currently a board member on the City of Austin Police Retirement System, the City of Austin Firefighter’s Relief & Retirement Fund, the City’s Deferred Compensation Committee and serves on the GFOAT Scholarship Committee.  Art has been an active member of the GTOT as well as GFOAT since 1999. Art earned his BBA from the University of Texas in Austin and has been employed by the City of Austin since September 1986.

President Elect - David Balsamo, City of Arlington
David Balsamo photoDavid Balsamo is a Certified Treasury Professional (CTP) and works in Treasury for the City of Arlington. He has been in Arlington since April of 2004. He recently worked on the financing for the City's portion for the new stadium for the Arlington Cowboys, to be opened in 2009. He previously worked in cash management with Central and South West and with the City of Dallas.

Vice President - Louise Richman, Metropolitan Transit Authority of Houston and Harris County
Louise Richman photoLouise is the CFO/Vice President of METRO and as such is responsible for the overall financial operations of the authority, which include accounting, budget, risk management, grants, treasury and revenue servicesmunicipal court, utility billing and customer service, debt management, investments, payroll, purchasing, fixed asset accounting, and project management. She has been a member of GTOT since 2002 and is also a member of the Gulf Coast chapter of GFOAT. Prior to METRO, Louise was Mayor of the City of Spring Valley for eight years where she and her husband still live. Her major outside work activity is serving on the Board of Trustees of St. Francis Episcopal Day School. Louise received her BA degree from the University of Texas at Austin and her MBA degree from Houston Baptist University. Louise is a Certified Public Accountant.

Treasurer - Holly Broussard, Lower Colorado River Authority
Holly Broussard photoHolly has worked for the Lower Colorado River Authority since 2003.  She was the Investment Analyst for 3 years and now serves as the Debt Administrator with back-up responsibilities in cash management.  Previously, Holly was the Cash/Investment Analyst for Travis County from 1992 to 1995.  Prior to Travis County, she worked for what is now Bank of America as a Credit Analyst and then as a Banking Officer from 1989 to1992.  Holly has her BA in Plan II and MBA from the University of Texas at Austin.  In addition, she is a Certified Treasury Professional (CTP).

Secretary - Rene Barajas, Garland ISD
Rene Barajas photoRene Barajas is the Chief Financial Officer for the Garland Independent School District. Prior to Garland, Rene served as the Assistant Superintendent for Business and Support Services for the San Marcos CISD for seven years. At Garland, his responsibilities include overseeing operations in finance, maintenance, purchasing, payroll, a special events center and the tax office. Rene has also served as Director of Business for the Ft. Sam Houston ISD in San Antonio, Business Manager for the Crosby ISD in Houston, and Internal Auditor for the Judson ISD, also in San Antonio. Besides a member of GTOT, Rene is a member of the Government Finance Officers Association and the Texas Association of School Business Officials. Since 2003, Rene has served on the board of the Texas Association of School Board's Risk Management Fund. Rene received a BBA in accounting, an MBA in Management of Technology, both from the University of Texas at San Antonio, and a Ph.D. from the University of Texas.

Past President -Mary Mayes, Travis County
Mary has served as Investment Officer of Travis County since 1995 and is now the Investment Manager. She is responsible for investments, cash management, and the depository bank relationship for the County. She also provides investment and cash management services for the Travis County Healthcare district.  She served as Financial Analyst and Loan Officer at NationsBank from 1989 to 1995 and was previously Executive Assistant to the Dean of Students at the University of Texas at Austin.  In addition to GTOT, she is a member of the Government Finance Officers Association.  She received her BA in English and History and MBA with an emphasis in Accounting from the University of Texas at Austin.

Director - Brent Yowell
Brent Yowell photoBrent is a Certified Treasury Professional (CTP) whose experience includes municipal treasury operations, county/municipal budget and public policy work, public tax appraisal, and governmental consulting in the private sector.  In addition to serving as an investment officer and portfolio manager, Brent’s responsibilities have also included management of banking and cash management functions, economic and tax base analysis, payment systems management, as well as administration of all treasury management operations. Brent holds a Master of Public Affairs degree from the University of Texas at Dallas and a Bachelor's degree in Public Administration from Stephen F. Austin State University.  Brent has been a member of GTOT since 1999.

Director - Josette Shaughnessy, El Paso County Community College District
Josette Shaughnessy photoJosette has been the Associate Vice President for Budget and Financial Services at El Paso County Community College District since 1995. She previously served as the Comptroller and the Assistant Comptroller for Financial Operations at the College. In her current position of Associate Vice President, she has administrative oversight of the budget development process leading to the college budget, all financial and accounting operations, Purchasing, and Auxiliary Services. As one of the two investment officers at the college, she also oversees the college's investments portfolio. She has been preparing the annual CAFR since 1996 for El Paso Community College, one of only 13 Texas community colleges submitting the CAFR to the Government Finance Officers Association. In addition to GTOT, she is a member of the Texas Association of Community College Business Officers, the national organization of the Community College Business Officers, and the Government Finance Officers Association. She holds a BBA in Accounting and a Masters of Accountancy from the University of Texas at El Paso. In addition, she is a Certified Public Accountant licensed in Texas.

Director - Donna Todd, City of Bellaire
Donna Todd photoDonna is the Chief Financial Officer for the City of Bellaire and oversees the accounting, cash and investment management, utility billing, purchasing, and risk management operations.  She began her career in municipal government at Texas Municipal Power Agency serving as Finance Manager and later as Treasurer.  Prior to joining the City of Bellaire in 2007, she was Treasurer for the City of Bryan.  Donna has been a member of GTOT since 1989 and is also a member of GFOAT and the Gulf Coast Chapter of GFOA.  Donna graduated from Texas A&M University with a BBA in Accounting and later received an MBA in Finance from the University of St. Thomas.  Donna has earned the Certified Cash Manager designation.

Director - Pati Buchenau, Amarillo ISD
Donna Todd photoPati received her Bachelor of Business Administration degree, Summa Cum Laude, from West Texas A & M University in Canyon, TX in December 1984. She has been employed with Amarillo ISD since March 1990, and is currently serving as their Executive Director, Finance & Budget. Prior to that time she was an Audit Manager for KPMG Peat Marwick and Arthur Young. She is very active in her community where she has served as president, treasurer, and other offices of the United Way Canyon & Amarillo. Pati served on the advisory board for the TexPool local government investment pool for several years and previously served in the same capacity for the Texas Association of School Boards’ Lone Star Investment Pool for six years.

Director (Non-Voting)Patrick Shinkle, Center for Public Management - University of North Texas
Patrick Shinkle photoPatrick is the Associate Director for the Center for Public Management at the University of North Texas. Prior to joining CPM, he was a Vice President at Southwest Securities, responsible for providing municipal bond underwriting and financial advisory services to public entities in Texas. Patrick has over 17 years experience in public funds management in Texas, including 12 years as Administrator of LOGIC and 5 years as part of the TexPool management team. Patrick has frequently spoken on investment management, disaster recovery planning, computer security awareness, and technology related issues for such organizations as the Dallas Association for Financial Professionals, the Government Treasurers' Organization of Texas, the Texas Association of Counties, and the Texas Association of School Business Officials. He received his undergraduate degree in finance from Texas State University in San Marcos. He received his Master of Business Administration degree and his Master of Science in Information Assurance degree from the University of Dallas, designated as a Center of Academic Excellence (CAE) by the National Security Agency (NSA) of the Department of Defense (DoD) and Department of Homeland Security for the Information Assurance (IA) program. He was selected as one of the Dallas Business Journal's "Business School All-Stars for 2006".