Recent activity at Kentucky Office of the Controller
Meetings, budgets, and plans from this organization.
Sep 10, 2024·Board meeting
State Investment Commission Minutes
The Commission passed resolutions honoring Ryan Barrow for his service and appointed Chelsey Couch as the new Secretary of the Commission. Compliance reporting confirmed no statute or regulation violations. Market overview discussions focused on shifting economic moods, the impact of the July jobs report, potential interest rate cuts, and the effects of market shocks like the Japanese yen carry trade on portfolios. Cash flow summaries, short-term pool composition, limited-term pool performance and liquidity, and intermediate-term pool fundamentals were reviewed. Additionally, the Commission approved credit considerations for the quarter.
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Kentucky State Property and Buildings Commission Minutes
The Commission approved several resolutions, including the issuance of multifamily housing revenue bonds by the Kentucky Housing Corporation for the Christian Towers and Overlook at Elkhorn Creek Apartments projects. Additionally, the commission approved economic development revenue bond grants for infrastructure projects in the City of Hopkinsville and Knox County to support economic development initiatives.
Jun 22, 2016·Board meeting
State Investment Commission Minutes
The Commission reviewed the draft Investment Manual and received performance reports on the Bridges Pool, Intermediate Term Pool, and Limited Term Pool, noting project progress and portfolio liquidity positions. Updates were provided on the Kentucky Bank Program participation status. The Commission formally approved lists for Corporate Credits and Securities Lending Agent Counterparties, the Broker-Dealer list for the 2017 fiscal year, and the Nationally Recognized Statistical Rating Organizations for the upcoming year. A compliance report was also presented, confirming no issues occurred during the quarter.
Jul 14, 2009·Board meeting
State Property and Buildings Commission Minutes
The Commission adopted ten resolutions regarding the allocation of Economic Development General Fund bond funds dedicated to Base Realignment and Closure (BRAC) efforts. Projects approved include significant investments in wastewater treatment plant expansions, sewer system rehabilitations, and water infrastructure upgrades across various municipalities, as well as school renovation and construction projects for the Hardin County and Meade County Boards of Education. Additionally, the Commission discussed the successful sale of Build America Bonds, which resulted in significant interest cost savings.
