Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Sedgwick County updates investment policy to align with state collateral program

Sedgwick County Board of County Commissioners · April 15, 2026

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

County finance staff reported that Sedgwick County's primary depository has been onboarded to the state‑run Kansas Collateral Program under HB2152; the board adopted a revised investment policy that codifies the new collateral reporting and a wording change emphasizing 'preservation' of capital.

David Floyd, division finance director, presented a resolution April 15 to amend the county’s investment policy to reflect changes required by 2025 legislative reforms (House Bill 2152) that centralize pledged collateral in a state‑run pool.

Floyd said the county’s bank had been successfully onboarded to the Kansas Collateral Program and…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

Unlimited articles
AI-powered breakdowns of topics, speakers, decisions, and budgets
Instant alerts when your location has a new meeting
Follow topics and more locations
1,000 AI Insights / month, plus AI Chat

See memberships

30-day money-back on paid plans