KDConnection — Actions of the Board of Trustees
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At the regularly scheduled quarterly meeting on June 20, 2025, the Authority Board of Trustees (Board) took the following actions:
- Approved minutes of the March 28, 2025, regular meeting, as submitted
- Reviewed Staff reports
- Voted in the adoption of the updated Watchlist Policy to replace the 2016 version, effective July 1, 2025
- Set the next quarterly meeting date for Friday, September 19, 2025, at 10 a.m. ET as a virtual meeting with the physical location in the Edgar C. Ross Boardroom at the State Office Building, 501 High Street, Frankfort, Kentucky.
At the regularly scheduled quarterly meeting on March 28, 2025, the Authority Board of Trustees (Board) took the following actions:
- Approved minutes of the December 13, 2024, regular meeting, as submitted
- Approved Joe McDaniel as the Chairman, and Sam Burchett as Vice Chairman
- Approved Kevin Lynch and Bruce Dudley as members of the Investment Sub Committee
- Announced passage of SB 104
- Reviewed Staff reports
- Set the next quarterly meeting date for Friday, June 20, 2025, at 10 a.m. ET as a virtual meeting with the physical location in the Edgar C. Ross Boardroom at the State Office Building, 501 High Street, Frankfort, Kentucky
At the regularly scheduled quarterly meeting on December 13, 2024, the Authority Board of Trustees (Board) took the following actions:
- Approved minutes of the September 27, 2024, regular meeting, as submitted
- Accepted the CLA clean audit report for 2024
- Approved Invesco contract extension
- Reviewed 2025 proposed legislation and review of Watchlist Policy statement
- Updated the Board on Rule 144(a) restricted securities
- Announced fee reductions and Participant Fee Holiday starting January 1, 2025, to December 21, 2025, saving the participants over $5.25 million in administrative fees
- Approved a salary adjustment for Executive Director and ongoing review of compensation
- Set the next quarterly meeting date of Friday, March 21, 2025, at 10 a.m. as a virtual meeting with the physical location in the Edgar C. Ross Boardroom at the State Office Building, 501 High Street, Frankfort, Kentucky