Katie Jo Berkshire Kirkpatrick

The board discussed several items including the ethics report, monthly financial reports, and the proposed annual meeting date. The board approved the 2027-2029 Regional Plan on Aging, which outlines strategic priorities such as transportation, mental health, and volunteer engagement. Additionally, the board approved an invoice for the Age Well Northern Kentucky initiative and reviewed the status of the meal waiting list, noting potential adjustments in state funding.

The board meeting covered several key operational and financial topics. Discussions included an update on financial reports, the review and approval of various e-clearinghouse projects, the authorization to apply for FTA 5304 formula grants, and a review of a proposed Kentucky Veterans Directed Care program to provide support services to veterans. Additionally, the board received updates on the home-delivered meals waiting list and the current funding status for this program.

The board discussed several items including the addition of agricultural districts to the agenda and a review of the current financial report for the fiscal year. Key financial topics covered were revenue and expense pacing, interest income, and cash balances. The board also reviewed the proposed budget for the upcoming fiscal year, detailing plans for staffing, professional service reductions, increased travel for training, and facility maintenance investments. Furthermore, the board approved the annual insurance policy renewal and initiated the formation of a nominating committee as required by the bylaws.

The board discussed investment strategies for reserve funds with Heritage Bank, exploring the use of treasury bills and money market accounts to improve interest returns. The board approved moving $1.5 million into these investment vehicles. Additionally, the board reviewed a financial report for the first three quarters of the plan year and discussed the interlocal agreement regarding member buy-ins and access to reserve funds.

The board discussed several financial items, including an expansion of an interlocal agreement and a review of reserve investment policies. A financial report was presented, detailing medical and pharmacy claims, fixed costs, and the status of legacy reserves. Additionally, the board reviewed the Jefferson Health Plan funding renewal request, which involved a discussion on projected claims, funding increase requirements, and the impact of the consortium's experience on the renewal rate.