Board meetings, strategic plans, and buyer signals from Michael Nelon Harry’s organization
Aug 10, 2026·BoardMeeting
Board
State Board of Finance Quarterly Meeting
The Board discussed the performance of the investment portfolio for the fiscal year, noting strong investment income. Key topics included investment analysis and projections for the upcoming quarter, management of mortgage-backed securities and cash flows, and the impact of interest rate changes on portfolio stability. The Board addressed the expenditure of ARPA funds, established the target rate of book return for the next quarter, and approved the code of ethics and the investment policy. Additionally, the Board reviewed updates to the pharmacy formulary, specifically focusing on shifts to lower-cost generics.
Enterprise
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The board reviewed and approved several Employee Benefit Division (EBD) and Office of Property Risk (OPR) contracts. Approvals included a new health insurance plan with BlueAdvantage, an Employee Assistance Program contract with ComPsych Corporation, a two-year renewal for investment management services with Stephens Capital, a three-year renewal for claims administrative services with Sedgwick Claims Management Services, Inc., a two-year renewal for actuarial services with Actuarial Advantage, Inc., and a new legal services contract with Denenberg Tuffley PLLC for subrogation purposes.
Jun 2, 2026·BoardMeeting
Board
State Board Of Finance Agenda
The agenda for the meeting includes administrative and financial oversight items, specifically regarding the Employee Benefits Division (EBD) and the State Capital Improvement Program (SCIP), in addition to other business matters.
May 27, 2026·BoardMeeting
Board
State Board Of Finance Special Meeting
The board convened to conduct business specifically focused on the approval of various contracts, with a particular emphasis on addressing property risk requirements to meet established deadlines.
Extracted from official board minutes, strategic plans, and video transcripts.
