The State Investment Commission (SIC) conducts oversight of the Commonwealth’s investments and meets quarterly. Under the direction of the SIC, the Investments Section manages short-term investments for the Commonwealth and its agencies. Investment objectives are to invest available public funds to maximize safety of principal, liquidity, and yield while minimizing risk. All financial agreements entered into by the State Investment Commission and the Office of Financial Management are subject to applicable provisions of the Kentucky constitution, statutes and the Kentucky administrative regulations.
Membership
- State Treasurer (Chair)
- Secretary, Finance and Administration Cabinet
- The State Controller
- 2 Gubernatorial Appointees:
- Mark Johnson, representing the Kentucky Bankers Association
- Paul Goodpaster, representing the Bluegrass Bankers Association