ProComp Teacher Compensation Trust
Trust Agenda:
- Agenda 4-23-2008 [pdf]
- Agenda 3-18-2008 [pdf]
- Agenda 2-27-2008 [pdf]
- Agenda 1-31-2008 [pdf]
- Agenda 12-05-2007 [pdf]
- Agenda 10-27-2007 [pdf]
- Agenda 9-26-2007 [pdf]
- Agenda 09-06-07 Special Trust Meeting [pdf]
- Agenda 08-29-07 [pdf]
- Agenda 05-23-07 [pdf]
- Agenda 04-04-07 [pdf]
- Agenda 02-28-07 [pdf]
- Agenda 01-24-07 [pdf]
- Agenda 12-06-06 [pdf]
- Agenda 09-27-06 [pdf]
- Agenda 08-16-06 [pdf]
- Agenda 07-19-06 [pdf]
- Agenda 06-21-06 [pdf]
- Agenda 5-17-06 [pdf]
- Agenda 04-19-06 [pdf]
- Agenda 03-15-06 [pdf]
- Agenda 02-24-06 [pdf]
Related Documents
- Trust Bylaws Posted March 2008 [pdf]
- January 2008 ProComp Financial Stability Letter [pdf]
- Letter To Bargaining Teams December 2006 [pdf]
- ProComp Auditor Recommendation August 2006 [pdf]
- July 2006 ProComp Financial Statement [pdf]
- June 2006 ProComp Financial Statement [pdf]
Meeting Minutes:
- March 18, 2008 [pdf]
- February 27, 2008 [pdf]
- January 31, 2008 [pdf]
- December 5, 2007 [pdf]
- October 29, 2007 [pdf]
- September 26, 2007 [pdf]
- August 29, 2007 [pdf]
- June 13, 2007 [pdf]
- May 23, 2007 [pdf]
- April 4, 2007 [pdf]
- February 28, 2007 [pdf]
- January 24, 2007 [pdf]
- December 6, 2006 [pdf]
- October 30, 2006 [pdf]
- October 25, 2006 [pdf]
- June 21, 2006 [pdf]
- May 17, 2006 [pdf]
- April 19, 2006 [pdf]
- February 3, 2006 [pdf]
- January 24, 2006 [pdf]
- January 05, 2006 [pdf]
Full Agreement Text:
- Trust Agreement [pdf]
Contact Trust:
About The Trust
The Teacher Compensation Trust is responsible for receiving, managing and distributing funds raised by the ProComp mill levy. One of the most important functions of the trust is to ensure that ProComp is financially stable over time. The Trust also is responsible for monitoring how Denver Public Schools spends the monies derived from the Trust and ensuring that they are spent only for ProComp related expenses and spent in a manner consistent with the ProComp Agreement.
A full description of the responsibilities and requirements of the Trust can be found in the Teacher Compensation Trust Agreement that was ratified by the Board of Education and the DCTA Executive Board.
The Trust has eight members, appointed according to the rules of the ProComp Agreement. Three Trustees are representatives of the District; three are representatives of the Denver Classroom Teachers Association; and two are representatives of the community. The community representatives are appointed by the agreement of the other six Trustees.
District Trustees*
- Bruce Hoyt, Treasurer of the Board of Education
- Velma Rose, Chief Financial Officer
*Serve as long as they hold the designated positions within DPS
Denver Classroom Teachers Association Trustees*
- Jerry Graves, Abraham Lincoln High School
- Andree Hall, Colfax Elementary School
- Mark Harmon, Johnson Elementary School
*Serve three-year terms
Community Trustees*
- Tom Buescher
- Lee White
*Serve three-year terms
Key Functions of the Trust
- Receive payments to the Trust
- Make payments from the Trust for all approved uses of mill levy funds, including:
- Teacher salaries and bonuses
- Reasonable and necessary expenses of administering the Trust such as legal and other professional fees, Trustee expenses, the rental or leasing of equipment and supplied as needed by the Trust
Meetings of the Trust
The Trust meets at least six times per year or as needed to carry out the work of the Trust. All meeting dates, agendas and minutes will be posted on this web site.
Reports of the Trust
By December 31 each year (beginning in 2006), the Trust is required to issue a report on the financial stability of the fund over time. Another report, issued by July 1 of each year, will describe the impact of the most recent collective bargaining on the Trust’s financial model.

