Video & Transcript Research : 'general manager'
Page 116 of 500
MN
Minnesota 2025 1st Special Session
House State Government Finance and Policy Committee 3/11/25
State Government Finance and Policy
Transcript Highlights:
- So move my bill 1867 to the General Register.
- the general the general register<00:14:11.519>
to <00:14:11.680>your <00:14:11.839> - <00:32:33.519>
public not be available to the general public not be available to the general - <01:04:29.119>
fund entirely funded by general fund entirely funded by general fund appropriation - Mrs Stephania Hai is our office manager Mrs Stephania Hai is our office manager and<01:32:18.440
FL
Florida 2026 Regular Session
Environment and Natural Resources Mar 31st, 2025
Environment and Natural Resources
Transcript Highlights:
- I wanted to start with a general question.
- We manage FWC. They are going to put an expressway in that area.
- And another 18... ...to manage this property and to rehabilitate it.
- plan, and they made... ...point update on the bear management plan.
- management team.
Summary:
The Committee on Environment and Natural Resources met to consider confirmation appointments, beginning with Rodney Barreto’s reappointment to the Fish and Wildlife Conservation Commission (FWC). Barreto described his background and defended his record, saying the commission has expanded public access, conserved land, supported youth conservation programs, and maintained strong law enforcement and wildlife management. Senators questioned him about public opposition to his confirmation, his role in supporting Amendment 2, a proposed use of submerged land near Singer Island, the Split Oak land swap, and whether FWC may reopen a bear hunt. Barreto said he saw no conflict in his Amendment 2 involvement, denied that any condo application existed for the Singer Island property, defended the Split Oak deal as a conservation and land-acquisition tradeoff, and said bear-hunt options would be presented later by staff and biologists.
Several members of the public spoke against Barreto’s reconfirmation, arguing that FWC needs reform, term limits, and more scientific leadership, and criticizing his real estate and lobbying ties as conflicts of interest. Speakers also objected to his positions on development, habitat protection, trap use, herbicide spraying, and the handling of bear management and public notice at FWC meetings. Senator Avila spoke in strong support of Barreto, citing FWC’s role in Biscayne Bay restoration, juvenile redfish releases, invasive species control, and community involvement. The committee then voted to recommend Barreto’s confirmation favorably, with Senator Smith voting no.
The committee next considered tabs 2 and 3, the reappointments of Kathy Chapman and Michael Kennedy to the Florida Inland Navigation District. With no separate vote requested and no public opposition, the committee recommended both confirmations favorably by voice roll call. The meeting concluded with thanks to staff and adjournment.
MN
Minnesota 2025-2026 Regular Session
Committee on Environment, Climate and Legacy - 02/26/26
Environment, Climate, and Legacy
Transcript Highlights:
- c> while<00:10:44.240>
pushing general firearm season while pushing general firearm season - as public land managers.
- c><00:42:17.200>
managers. - The outdoor public land managers.
- We go to the LCCMR to fund management of those. So it's not that we're not managing them now.
MN
Minnesota 2025 1st Special Session
House State Government Finance and Policy Committee 3/4/25
State Government Finance and Policy
Transcript Highlights:
- of the content at of all of the manager of the content at of all of the manager and<00:03:45.159
- <00:04:24.600>
and policies to name just a few manager and policies to name just a few manager - parts of the states uh Generations parts of the states uh Generations abilities<00:05:05.360>
- particular training uh we I took manager particular training uh we I took manager manager<00:07:42.919
- that is providing dedicated management that is providing dedicated management and<00:20:27.280><
Bills:
HF10
TX
Transcript Highlights:
- I'm the Deputy General Counsel for TJJD.
- We have an inspector general.
- We made it whole through our general budget.
- And so the outpatient management... Family members.
- Generation after generation, we have focused on expanding punitive measures within the criminal justice
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Children, Families and Persons with Disabilities Jun 21st, 2026 at 01:00 pm
Joint Committee on Children, Families and Persons with Disabilities
Transcript Highlights:
- thousand searches this is when part agencies who manage thousand searches.
- They do not take this responsibility of managing the register lightly.
- They do not take this responsibility of managing the register lightly.
- This bill also treats autism as something to manage, contain, and monitor.
- How they manage the budgets they have and who gets what level of service.
Summary:
The Joint Committee on Children, Families and Persons with Disabilities held a hearing on a broad slate of disability-related bills. Topics included creating a permanent Acquired Brain Injury Advisory Board (H. 231/S. 134), establishing a system for compensating guardians who serve incapacitated, unbefriended individuals through MassHealth (H. 253/S. 154), expanding Nikki’s Law to require MassHealth day habilitation programs to use the abuse registry (S. 165 and related bills), modernizing and streamlining the Disabled Persons Protection Commission’s statute and procedures (H. 243/S. 139), updating the definition of developmental disability to align more closely with federal law and include people such as those with fetal alcohol spectrum disorder (H. 276/S. 150), removing outdated and offensive terminology from the General Laws (H. 232/S. 137), and an autism education reform bill (H. 286). Several bills had no sign-ups, and the committee also noted related measures on cueing and prompting in PCA programs (H. 277/S. 157).
TX
Transcript Highlights:
- TCEQ and the PUC are authorized to permit a public utility agency to serve as a temporary manager or
- The language also changes may to shall for the appointment of a general manager and may appoint all necessary
- The language also changes may to shall for the appointment of a general manager and may appoint all necessary
- The language also changes may to shall for the appointment of a general manager and may appoint all necessary
- our communities for generations to come.
Keywords:
water rights, Texas Water Trust, water bank, environmental conservation, water quality, instream flows, aquifer, water injection, Edwards Aquifer, environmental regulation, groundwater, Texas Commission on Environmental Quality, water conservation, drought, utility regulation, water use restrictions, Public Utility Commission, civil penalties, drought contingency, environmental protection
Summary:
The Committee on Natural Resources met with a quorum present and first took up several pending bills for reconsideration and committee substitute adoption. House Bill 2692, relating to codification and clarification of local laws concerning the San Antonio River Authority, was reported favorably to the full House and sent to the Committee on Local and Consent Calendars by an 11-0 vote. House Bills 1407, 1520, 1535, 2970, 4153, 291, 3663, and 3915 were also reconsidered or laid out as pending business, with committee substitutes adopted where needed and each bill reported favorably, generally by unanimous vote, to the full House and then to Calendars or Calendars/Calendars-related referral as applicable.
The committee then heard House Bill 4530, which would expand the Texas Water Trust framework to include groundwater rights, require Texas Water Development Board review and approval of groundwater dedications, and notify local groundwater districts when groundwater rights are placed in the trust. The bill’s author and witnesses from the Environmental Defense Fund, The Nature Conservancy, and Chispa Texas supported the measure as a conservation tool and a way to create a clear process for voluntary donations; a Texas Water Development Board witness testified neutrally. The bill was left pending.
House Bill 4931, relating to an aquifer storage and recovery project in Medina County, drew support from the author, the Medina County judge, and a regional water alliance witness, who described severe stress on the Edwards Aquifer, low levels at Medina Lake, and the need for a local water-supply tool. The bill was left pending. House Bill 5559, which would clarify enforcement of drought contingency plans for investor-owned water utilities and involve the PUC in model plan development, received support from groundwater district representatives but also concerns from water company and utility witnesses about enforcement authority, approval procedures, and potential conflicts with existing obligations to provide continuous service; the committee substitute was withdrawn and the bill was left pending. House Bill 5560, which would raise the maximum civil penalty for certain groundwater conservation district enforcement actions from $10,000 to $25,000 per violation, prompted debate over whether current law is already sufficient; supporters said the higher cap would better deter overpumping, while opponents argued existing penalties are already severe. That bill was also left pending, and the committee adjourned subject to call of the chair.
ND
North Dakota 2025-2026 Regular Session
Water Topics Overview Committee Jun 10th, 2026
Transcript Highlights:
- So we should manage the cash with some bonding if we could.
- So any money generated, any money to pay back loans is generated from the rates that they...
- Generated, any money to pay back loans is generated from the rates that they charge their customers.
- We're not going to see those generally.
- They have a water management issue, and they have forever.
Summary:
The Water Topics Overview Committee met to receive interim status updates on several water-related studies and Department of Water Resources projects. The committee approved the March 26, 2026 minutes, observed a moment of silence for the late Representative Conmy, and then heard updates on the watershed management study and the stormwater/wastewater study. Staff reported that the committee had already received the testimony contemplated in the study plans, including input from state agencies, local governments, and out-of-state entities, and that any further action would be at the committee’s discretion.
The Department of Water Resources then provided project and budget updates on NAWS and the Southwest Pipeline Project. Reese reported NAWS is expected to serve about 81,000 users, with a total projected cost of about $571 million and about $96 million remaining, while the Southwest Pipeline Project is estimated at $1.06 billion total with about $409 million remaining. Members asked about funding sources, capacity needs, and whether current and future construction is being designed for increased demand; department staff said current work is designed for ultimate capacity, but some future components may need redesign based on new requests. The committee also discussed local cost shares, Minot’s role in NAWS funding, and whether the system is adequate for peak demand.
A major portion of the meeting focused on the department’s cash management, carryover, and long-term water funding outlook. The department said Resources Trust Fund revenues are tied to oil extraction taxes and are affected by stripper well exemptions and future oil price declines. Members expressed concern about large carryover balances and whether the state is obligating more money than can realistically be spent in a biennium. The department reported about $340.6 million in remaining carryover and said it is trying to reduce that through a two-tier pre-construction/construction process and closer project vetting.
The department also summarized the Deloitte studies on regional governance and finance and on cost-share policy. Stakeholders generally favored keeping the current governance structures for NAWS and Southwest with improvements, while Red River stakeholders leaned toward a different option; the department said it will bring an implementation plan back in September. On cost share, Deloitte’s recommendations would reduce some percentages, prioritize projects differently, and use other measures to close a projected long-term funding gap. Members debated affordability, local burden, deferred maintenance, and whether statutory changes may be needed to allow the commission more flexibility in prioritizing and funding projects. No formal votes or final actions were taken beyond approving the minutes and receiving the updates.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 02/25/25
Housing and Homelessness Prevention
Transcript Highlights:
- experiences with property management experiences with property management companies<00:37:48.960
- that property managers recommending that property managers<00:50:35.880>
cannot <00:50:36.720> - associations property management associations property management companies<00:52:09.040>
and - concerns for both boards and management concerns for both boards and management companies<01:03:
- homeowners board members managers homeowners board members managers understand<01:14:45.040>
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Health Care Financing Jun 21st, 2026 at 11:00 am
Joint Committee on Health Care Financing
Transcript Highlights:
- I'm a nurse practitioner, and I specialize in pain management.
- I take one prescription, a generic care. I'll just give you one example.
- I said, well, it's ...generic drug as a brand-name drug. I said, well, it's generic.
- And they said, well, your drug is now called a generic drug with a brand name that is generic drug.
- I could not afford to have it done under general anesthesia.
Summary:
The Joint Committee on Health Care Financing held a public hearing on 16 bills, with the chairs noting a busy legislative day and asking speakers to keep testimony brief. The committee first heard testimony on Senate 860/House 1405, the Medicare for All bill, with Sen. Jamie Eldridge and many advocates, clinicians, municipal officials, and patients arguing that a single-payer system would make care a right, reduce administrative waste, lower costs, and protect residents from rising premiums, medical debt, and hospital closures. Several speakers cited the Steward hospital crisis, affordability problems, and polling or ballot questions showing public support for single-payer coverage. No vote was taken during the hearing.
The committee then took testimony on S. 863, a bill on non-opioid options for chronic pain. Pain specialists, patients, and advocates said the bill would improve care coordination for MassHealth members, expand access to non-opioid medications, require provider education, and collect data on chronic pain. Testifiers described long delays in diagnosis and treatment, stigma toward pain patients, and the need for multidisciplinary care and transportation support. Again, the committee heard testimony only and took no action.
A large portion of the hearing focused on H. 1360/S. 869, which would prevent discrimination against people with disabilities in health care. Disability advocates, clinicians, and patients described being denied or delayed care, pressured into DNR orders, or treated based on assumptions about quality of life rather than medical facts. Speakers referenced COVID-era crisis standards of care, discriminatory metrics, and personal stories involving canceled procedures, inadequate accommodations, and poor treatment in hospitals. Committee members thanked speakers for their testimony and said they would review the bill and its implications, but no vote was announced.
The committee also heard testimony on H. 1399, an individual Medicare marketplace option for municipal retirees, where supporters said it would give cities and towns a lower-cost alternative for retiree health benefits through HRAs and individual Medicare plans. The hearing then returned to Medicare for All testimony, with additional supporters repeating arguments about cost, access, municipal budget pressure, and the need for global budgeting and universal coverage. The transcript ends with continued testimony and no recorded committee vote or final action on any bill.
NY
New York 2025-2026 Regular Session
Senate Standing Committee on Environmental Conservation - 05/05/2026
Environmental Conservation
Transcript Highlights:
- Ninety-five percent of the world's new generation last year was in renewables.
- Ninety-five percent of the world's new generation last year was in renewables.
- An act to amend the Environmental Conservation Law in relation to deer management permits and to repeal
- Law in relation to establishing the authority of the Department of Environmental Conservation to manage
- Just for speed's sake, I may do my, my generous rules impression, but we've got to be out of here in
Summary:
The Senate Environmental Conservation Committee met with a quorum and a very full agenda, moving quickly through a series of environmental and natural resources bills. Early action included approving S.1343B, the clean fuel standard bill, which was referred to Finance with one nay. The committee then took up S.1464A, the Packaging Reduction and Recycling Infrastructure Act, where supporters said it had been heavily amended to address industry concerns and protect public health by reducing packaging waste and toxic chemicals. Opponents, including Senators Canzoneri-Fitzpatrick and Stec, raised concerns about costs, unintended consequences for business, agriculture, dairy, food safety, and consumer prices. Supporters argued the bill would reduce waste, protect people from toxins, and that many farms and dairy operations were exempted. The bill was advanced to Finance with two nays and one without recommendation.
The committee also considered several bills tied to climate and energy policy. S.2712, sponsored by Senator Stec, would delay CLCPA implementation for 10 years and require a cost-benefit analysis; Stec argued New York has not adequately studied the law’s costs and cited rising utility bills, while Chair Harckham and others defended the state’s clean energy direction and said the bill would not move forward. S.3652, which would prohibit certain restrictions on motor vehicle sales, and S.5611, which would create a Climate Action Cost Council and limit annual climate-related rulemaking, were both voted down and not referred onward. By contrast, S.797A, the Mohawk River Basin Management Act, advanced to Finance with support from its sponsor, Senator Fahy.
The committee then took up S.8933, Senator Helming’s bill to prohibit PFAS in photovoltaic modules. Helming said the bill was a common-sense measure to keep forever chemicals out of solar panels and protect water and soil; Harckham responded that the bill’s timeline would effectively halt the solar industry and said there was no evidence of PFAS leaching from solar panels. The bill was not advanced. The committee also advanced S.9206 on brush-fire area reed removal for Staten Island, S.9280 on open water data, S.9462 on deer management permits, S.963 on Atlantic bonito and false albacore management, and S.9479A on tidal wetlands definitions. In the final portion of the meeting, the committee rapidly approved a long slate of routine end-of-session fisheries and marine resource extender bills, including measures on sharks, lingcod, black sea bass, blueback herring, fluke, scup, commercial food fish licenses, special management areas, American eel, Atlantic and shortnose sturgeon, squid, and winter flounder.
MA
Massachusetts 2025-2026 Regular Session
Senate Session Jun 21st, 2026 at 11:00 am
Massachusetts Senate Floor Meeting
Transcript Highlights:
- the General Laws, hereinafter referred to as the public records law, to the General Court and the Office
- Court to make its own rules and to manage its own proceedings, including the authority to manage and
- to oversee and direct the General Court's compliance with the public records law.
- , attorney's fees, costs, and punitive damages against the General Court in such matters.
- ...and manage its own proceedings.
Summary:
The Senate began with ceremonial items, including the Pledge of Allegiance and a welcome to Tri-County High School’s championship football and boys’ cross-country teams. The chamber then adopted a resolution commending the town of Auburn and the Robert and Esther Goddard Centennial Committee for recognizing the 100th anniversary of the first liquid-fueled rocket launch.
Several local bills were taken up and passed to be enacted, including measures authorizing payment by the City of Revere, adjusting the senior property tax deferral income threshold in Wellesley, amending the Hopedinton charter regarding library trustee appointment powers, and later engrossing bills affecting the Cotuit Fire District, the Salem licensing board, and validating Bourne’s May 20, 2025 annual election. The Senate also suspended Joint Rule 12 to refer House petitions to committees and, on committee recommendation, advanced two Cotuit Fire District bills to third reading and engrossment.
A major portion of the session focused on two Senate orders seeking advisory opinions from the Supreme Judicial Court on pending initiative petitions. One order concerned a public records initiative that would extend public records law to the General Court and the Governor’s office; the other concerned a legislative stipends initiative that would alter internal legislative procedures and compensation rules. Senator Feeney spoke in support of both orders, saying they were meant to inform the committee’s work and were not votes on the merits of the ballot questions. Both orders were adopted without objection.
The Senate also received a Ways and Means report on a bill banning the retail sale of dogs, cats, rabbits, and pet sharks, with a new draft and amendment pending, and adopted an order placing the bill on the Orders of the Day for second reading on March 19, 2026. The session concluded with an order to adjourn to Monday at 11 a.m., which was adopted, and the Senate adjourned.
TX
Transcript Highlights:
- We were asked to attend their general in-person meeting on May 31st under the pretense that we would
- The water CCN, the development client, reached out to the WSC general manager to discuss whether the
- The general manager explained that our client would have to pay for the permitting, design, and construction
- Our company is a third-generation family-run company that primarily deals in multifamily real estate
- and adopt rules to manage groundwater use in a way that will achieve these goals.
Bills:
HB937, HB2078, HB2080, HB3322, HB3350, HB4212, HB4630, HB4896, HB4951, HB5348, HB5675, SB565, SB971, SB1662, SB2124
Keywords:
special districts, notice requirements, Water Code, government transparency, public meetings, meeting notice, transparency, public engagement, notice, elections, groundwater management, water conservation, joint planning, environmental impact, desired future conditions, groundwater, conservation district, environmental quality, regulatory review, water utility
FL
Florida 2025 Regular Session
February 5, 2025 - 03:00 PM
Transcript Highlights:
- We will begin with a presentation from the Division of Emergency Management.
- Florida's Division of Emergency Management Preparedness Bureau, Florida's Division of Emergency Management
- Preparedness Bureau trained over 10,000 emergency managers just last year.
- And generally, we have been able to stick to that on, on average, And generally, we have been able to
- In general, you know, it's really, I hate to, you know...
Summary:
The Natural Resources and Disaster Subcommittee met to continue its review of hurricane impacts and state response. The committee first heard from the Florida Division of Emergency Management, which described its four core functions—preparedness, response, recovery, and mitigation—and highlighted its 24/7 State Watch Office, regional training efforts, and disaster assistance work. Deputy Executive Director Keith Pruitt detailed the state’s 2024 storm response, including Hurricanes Debby, Helene, and Milton, citing large-scale mission support, flood-control deployments, meal and water distribution, power restoration, debris removal, and billions in disaster funding and mitigation dollars. He also discussed debris management challenges and recommended that local governments update and exercise debris plans and maintain contingency contracts.
KY
Kentucky 2025 Regular Session
Government Contract Review Committee (1-14-25)
Transcript Highlights:
- government Travis Weber branch manager government Travis Weber branch manager department<00:05:23.759
- to members enrolled in their um Managed to members enrolled in their um Managed Care<01:22:32.920
- <01:26:19.080>
at have some of those case managers at have some of those case managers at - Thank you, General, so much.
- good morning I'm Sarah Noble general good morning I'm Sarah Noble general counsel<01:41:55.719><
Summary:
The committee first reorganized by electing Representative Hart as House co-chair and Senator Douglas as Senate co-chair by acclamation, then approved the December 10 minutes. It then took up deferred and routine contract items, beginning with a Council on Postsecondary Education item that was withdrawn after staff explained the contract had been canceled and should not have come before the committee because the granting authority, not CPE, was issuing it.
The committee next reviewed a Department for Local Government contract tied to an Eastern Kentucky flood recovery housing project in Jackson. Members questioned the high per-unit cost and whether renovation was more expensive than new construction. Staff explained the cost included acquisition of an existing downtown building and needed water and sewer infrastructure upgrades, and said developable land was limited in the area. With no motion to object, the contract was allowed to move forward.
The committee then considered Kentucky Transportation Cabinet professional services contracts for highway design work. Members asked about the size of the contracts and how much of the available funding is typically used; staff said the contracts are two-year agreements, that the prior cycle reached close to $2 million per contract, and that this year’s limits were reduced because less money is available in the Highway Plan. The committee also approved a PSC amendment contract for the Bridging Kentucky program after staff explained the $150 hourly loaded rate was within the normal range for consultants. Both Transportation Cabinet items were approved without objection.
Finally, the committee heard a Kentucky Communications Network Authority contract for an $85,000 study of the dark fiber market. Members asked what dark fiber is, why the study was needed, whether there was coordination with the Office of Broadband Development, and whether existing service meant there was already a market. KCNA said dark fiber is unused fiber that local providers can light to deliver service, that the study was needed because the contractor said no market existed while ISPs said demand exists, and that the report would help both KCNA oversight and broadband development planning. The contract was reviewed without objection.
MA
Massachusetts 2025-2026 Regular Session
Special Joint Committee on Initiative Petitions Jun 21st, 2026 at 11:00 am
Transcript Highlights:
- So these funds are dedicated funding pools managed separately from the general budget.
- So these funds are dedicated funding pools managed separately from the general budget. revenues can come
- from dedicated funding pools managed separately from the general budget.
- a generational land transfer.
- Well, 15% were definitely organically generated.
Summary:
The Special Joint Committee on Initiative Petitions held a public hearing on Initiative Petition No. 25-15, H.5505, “An Act to Protect Water and Nature.” Committee co-chairs outlined the Article 48 initiative process and explained that the hearing was divided into expert, proponent, opponent, and public-comment sections. The first witness, Undersecretary Stephanie Cooper of the Executive Office of Energy and Environmental Affairs, described current state and federal funding sources for land conservation and outdoor recreation, said existing programs are oversubscribed, and noted that the proposal aligns with the Commonwealth’s 30% land conservation goal by 2030 and 40% by 2050. She also flagged possible governance clarifications in the petition, including board structure and administrative authority, while saying the administration has the expertise to manage such a fund.
Proponents from Mass Audubon, the Trustees of Reservations, Mount Grace Land Trust, the Massachusetts Rivers Alliance, the Authentic Caribbean Foundation, and Bemis Associates argued that Massachusetts needs a dedicated, sustained revenue stream for conservation, clean water, climate resilience, and public access to nature. They said current funding is inconsistent and insufficient, cited estimates that the state may need roughly $300 million or more annually to meet conservation targets, and emphasized benefits to public health, mental health, biodiversity, flood protection, and the outdoor recreation economy. Several speakers said the measure would dedicate a portion of existing sales tax revenue tied to sporting goods, recreational vehicles, and golf courses, and that it would support both urban and rural communities, including underserved communities.
Committee members pressed witnesses on the bill’s fiscal and constitutional implications, including how much sales tax revenue would be redirected, whether the measure is constitutional, how funds would be allocated among communities, and why the proposal includes certain revenue sources but not others such as ticket sales. Proponents said the measure would likely direct up to about $100 million annually when fully phased in, that it was designed as a “subject to appropriation” mechanism, and that legal review had found it constitutional. They also acknowledged that the proposal would reduce general fund flexibility but argued it would create a long-term investment in natural resources. The hearing concluded after public testimony, and the committee announced it would accept written testimony until March 27 at 5 p.m.; no vote was taken on the petition at the hearing.
UT
Utah 2025 Regular Session
Public Utilities, Energy, and Technology Interim Committee - November 19, 2025
Public Utilities, Energy, and Technology Interim Committee
Transcript Highlights:
- , more commonly referred to as microgrids or behind-the-meter generation, and connected generation systems
- Microgrids or behind-the-meter generation, and connected generation systems, often commonly referred
- So when we're looking at new generation, is that new generation going to be committed to Utah customers
- They also have a patch management system.
- You're talking about in general. In general, yeah.
KY
Kentucky 2025 Regular Session
Public Pension Oversight Board (12-12-25) - Part 1
Transcript Highlights:
- <00:04:42.480>
Assembly focus on uh what the General Assembly focus on uh what the General - makes directly to the General Assembly? makes directly to the General Assembly?
- frustration is with previous General frustration is with previous General Assemblies.
- We manage index funds in-house. In fact, about a third of TRS investments are managed in-house.
- self-managed accounts. self-managed accounts.
Keywords:
Meeting Start: 00:00:00
Attendance Roll Call: 00:00:12
Approval of Minutes: 00:01:34
Actuarial Valuation Update – KPPA: 00:02:10
Actuarial Valuation Update – TRS: 00:25:32, 958, all
Summary:
The meeting began with roll call, confirmation of a quorum, and approval of the prior minutes. The main presentation was from KPPA officials Ryan Barrow and Erin Saratt on the annual actuarial valuations for the retirement and insurance systems. They said the systems’ funding status improved overall, with three of five insurance funds fully funded, CERS hazardous dropping from over 100% funded to 90.9% because of premium changes, and KRS receiving $650 million in supplemental funding over the biennium. They also reported strong investment returns above assumed rates, higher payroll and membership counts, and resulting actuarial losses tied to higher salaries and premiums, especially on the insurance side.
Members asked several questions about what drove the actuarial losses and whether legislation affected them. KPPA said the CERS insurance loss was driven by premium increases and Senate Bill 10, while the pension-side losses were largely due to higher payroll and benefits for Tier 1 and Tier 2 members. They explained that new Tier 3 employees are designed to add no additional unfunded liability, and that the state administers the systems but does not directly control all hiring. Questions also focused on retiree health premiums, which KPPA said rose about 15% for non-Medicare retirees and 38% for Medicare retirees, with the increase attributed to utilization, prescription costs, and the Inflation Reduction Act.
The committee then heard from TRS Deputy Executive Secretary and General Counsel Beau Barnes on the 2025 TRS actuarial valuation. He reported that the Retirement Annuity Trust and Health Insurance Trust both received full funding, the retirement trust’s funded ratio improved to 61%, TRS 4 remains well funded with no liability, and the health insurance trust improved to 89.1%. Barnes said TRS is on track to fully fund legacy liabilities within the amortization period, with 2044 as the point when the system reflects 100% funding and 2046 as the last year needing additional dollars for the legacy liability. He also explained that lower assumed investment returns and updated mortality assumptions increased liabilities, but that TRS uses direct rate smoothing for budgeting purposes.
At the end of the meeting, the chair circulated a proposed set of “do’s and don’ts of pensions,” emphasizing that future legislation should not create unfunded liabilities. Barnes also noted he would later discuss several legislative proposals for the 2026 session, but the transcript provided ends before that discussion or any votes on those proposals.
AR
Arkansas 2026 1st Special Session
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES Jan 8th, 2026
LEGISLATIVE JOINT AUDITING-COUNTIES AND MUNICIPALITIES
Transcript Highlights:
- They used highway funds and a general fund.
- Excuse me, it's 10% of the annual unrestricted general fund revenues, or 10% of the monthly general fee
- It's 10% of unrestricted general fund revenues for that year. Oh, 10% of their general.
- Excuse me, it's 10% of the annual, annual unrestricted general fund revenues or 10% of the monthly general
- It's 10% of unrestricted general fund revenues for that year. Oh, 10% of their general.
ND
Transcript Highlights:
- But I don't think that, again, it's not a case management service.
- Transitional Planning Program Manager for the Department of Corrections.
- Who would be responsible for managing the system?
- The Office of Management,...
- This isn't the Office of Attorney General.