| Phil Roberson | Arlington ISD | Governing Board President | December 2019 |
| Sandra Newby | Tarrant Regional Water District | Governing Board Vice President | December 2021 |
| Greg Jordan | City of Grapevine | Governing Board Secretary | December 2020 |
| Erik Felthous | North Texas Municipal Water District | Governing Board Treasurer | December 2019 |
| Eric Cannon | Qualified Non-Participant – City of Allen | Advisory Board Member | |
| David Medanich | HilltopSecurities | Ex Officio Trustee | |
| Jennifer Novak | J.P. Morgan Asset Management | Ex Officio Trustee | |