Board meetings, strategic plans, and buyer signals from Kimlloy Broughton’s organization
Oct 17, 2024·BoardMeeting
Board
Capital Debt Affordability Committee Agenda
The meeting included the treasurer's opening comments, an affordability analysis presented by the Director of Debt Management, and a committee discussion and voting session. Recommendations were made regarding the amount of new state debt authorized for fiscal year 2026 and planning assumptions for future fiscal years. The committee also discussed and voted on the amount of new bonds for academic facilities for fiscal year 2026 by various institutions.
Enterprise
Get verified public-sector contacts at scale
Find verified emails, direct dials, role context, job-change updates, and organization signals across every public-sector account you sell to.
The Capital Debt Affordability Committee meeting included discussions on the general fund estimate, assessable base estimate, and a review of capital program needs. The committee also reviewed the CDAC affordability analysis and an update on state credit ratings. Forecasts and risks associated with revenue, employment growth, and federal government decisions were also discussed. Additionally, there was a presentation on school construction, facilities needs, and funding targets.
Oct 16, 2023·BoardMeeting
Board
Capital Debt Affordability Committee Agenda
The meeting includes discussion and a voting session on the 2023 Capital Debt Affordability Committee Recommendations, including the recommendation of the amount of new State debt that may prudently be authorized for fiscal year 2025, and planning assumptions for the total amount of new State debt for future fiscal years. It also covers the recommendation of the amount of new bonds for academic facilities for fiscal year 2025 by various institutions, and a policy clarification regarding the inclusion of capital leases in state debt affordability calculations, focusing on the definition of capital leases to be used when calculating debt affordability ratios.
Oct 13, 2023·BoardMeeting
Board
Capital Debt Affordability Committee Agenda
The Capital Debt Affordability Committee meeting included discussions on the size and condition of state tax-supported debt, covering general obligation bonds, capital leases, consolidated transportation bonds, Maryland Stadium Authority bonds, and Bay Restoration Bonds. The committee also reviewed the size and condition of debt of higher education institutions, including Baltimore City Community College, Morgan State University, the University System of Maryland, and St. Mary's College. Additionally, the meeting addressed capital spending, growth in the capital budget, and projections for future issuances and affordability benchmarks.
Extracted from official board minutes, strategic plans, and video transcripts.
