President Trump created the Federal Commission on School Safety after the Parkland, Florida shooting. On Tuesday, it came to Kentucky to hear from Governor Matt Bevin, legislators, law enforcement, the public and others on what the state is doing to try and curb the increase of violence in our schools.
PPOB co-chair Jerry Miller announced at a Monday afternoon meeting that members of a subcommittee to study CERS separation have been selected. That information came after testimony from the Kentucky Retirement Systems Board of Trustees Chairman its and Executive Director on a recent decision to adopt a new investment strategy for all plans, including CERS.
KLC Deputy Executive Director J.D. Chaney told a Kentucky Chamber of Commerce tax panel that cities are looking to the legislature to provide more options to fund the growing demand on city services. Representative Ken Fleming is heading up a new tax task force and hopes to have tax reform by 2020.
New tax laws that go into effect July 1, 2018, may have a significant impact on your city. We are continuing to gather information on what will fall under the new requirement for the 6 percent sales and use tax and on changes that need to be made to withholding due to the flat 5 percent state income tax rate.
he KLC Board of Directors named a record number of legislators as 2018 'Friend of Kentucky Cities' award winners. Eleven senators and 18 representatives will be honored this year for performing outstanding work advocating for issues that impact cities across the state.
The Kentucky League of Cities offers a unique program to schools across Kentucky. City Government Month provides a teacher created and approved civics lesson plan, along with various other tools for teachers and parents. It also asks city leaders to participate in teaching elementary school students about their local government.
A bipartisan group of legislators have formed a group to draft and file legislation in the House and Senate that would legalize sports betting in Kentucky.
One week after a lengthy hearing in the lawsuit over the state's new pension bill, lawyers for Governor Matt Bevin have filed an amended complaint. It asks the judge to rule that the pension bill and others passed in the 2018 session, including the bill that provides for a phase-in of CERS employer contribution rates, do not have to be read out loud three times in order to be valid.
The Interim Joint Committee on Education heard from KLC Senior Law Enforcement Liaison Mark Filburn and others on what Kentucky legislators and communities can do to improve school safety in the state.
The Kentucky Retirement Systems Board of Trustees approved a new investment approach for CERS that pulls away from growth funds, even though they have outperformed fixed income funds over the past five years. They also talked about a study that's underway into assumption rates for all KRS plans.
KLC responded to a letter the governor's budget director sent to city officials warning that a lawsuit seeking to invalidate the state's new pension law poses a threat to the law providing a phase-in of CERS employer contribution rates.