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The Teacher Compensation Trust Board

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 (DPS) spends the monies derived from the Trust and ensuring that they are spent only for ProComp related expenses and 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 [pdf] that was ratified by the Board of Education and the Denver Classroom Teachers Association (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 DCTA; and two are representatives of the community. The community representatives are appointed by the agreement of the other six Trustees.

District Appointed Trustees*

  • Angela Cobián – Board of Education Treasurer
  • Jim Carpenter – Chief Financial Officer
  • Chuck Carpenter – Executive Director, Finance

*Serve as long as they hold the designated positions within DPS

DCTA Appointed Trustees*

  • Kris Bethscheider
  • Jeff Buck – Trust Board Vice Chair
  • Brian Weaver

*Serve three-year terms

Community Trustees*

  • Tom Buescher – Trust Board Chair
  • Scott Murphy

*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. Those include the following:
    • 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 Board meets at least six times per year and as needed to carry out its work. All meeting dates, agendas and minutes will be posted on this web site.

Upcoming FY20/21 Meetings:

  • 9/28/2020
  • November – exact date TBD
  • February/March – exact date TBD
  • April/May – exact date TBD

Past Meetings

Date Agenda Minutes
Apr/May (TBD)
Feb/Mar (TBD)
November (TBD)
9-28-2020 Agenda
Date Agenda Minutes
05-06-2020 Agenda Minutes
03-03-2020 Agenda Minutes
11-13-2019 Agenda Minutes
10-22-2019 Agenda Minutes
Date Agenda Minutes
05-20-2019 Agenda Minutes
03-20-2019 Agenda Minutes
01-22-2019  Conference Call Minutes
11-07-2018 Agenda Minutes
09-12-2018 Agenda Minutes
Date Agenda Minutes
04-25-2018 Agenda Minutes
02-21-2018 Agenda Minutes
11-14-2017 Agenda Minutes
09-13-2017 Agenda Minutes
Date Agenda Minutes
06-26-2017 Agenda Minutes
05-03-2017 Agenda Minutes
03-22-2017 Agenda Minutes
02-08-2017 Agenda Minutes
12-14-2016 Agenda Minutes
10-05-2016 Agenda Minutes
Date Agenda Minutes
05-26-2016 Agenda Minutes
04-04-2016 Agenda Minutes
01-27-2016 Agenda Minutes
10-21-2015 Agenda Minutes
09-16-2015 Agenda Minutes
07-08-2015 Agenda Minutes
06-24-2015 Docs for 6/24/15
04-08-2015 Agenda Minutes
03-04-2105 Minutes
01-28-2015 01-28-15
Date Documents Notes
12-03-2014 Minutes  No Quorum
09-24-2014 Minutes
06-11-2014 Agenda
06-19-2013 Agenda No Quorum
04-03-2013 Minutes
Date Agenda Minutes
10-16-2012 Agenda Minutes
07-21-2012 Agenda
06-22-2011 Agenda Minutes
05-18-2011 Agenda Minutes
01-26-2011 Agenda Minutes
Date Agenda Minutes
6-09-2010 Agenda Minutes
4-28-2010 Agenda Minutes
3-11-2010 Agenda Minutes
11-4-2009 Agenda Minutes
6-10-2009 Agenda Minutes
4-29-2009 Agenda Minutes
2-25-2009 Agenda Minutes