- By Joe Sonka | Posted on January 10, 2019
A new state representative from Louisville has filed a bill designed to add transparency and oversight over public pension systems’ financial activities, including the possibility of felony criminal penalties for trustees and contracted investment managers who violate their ethical and fiduciary duties. Democratic Rep....
- By Joe Sonka | Posted on December 14, 2018
Just before 3:30 a.m. Friday morning — at the end of a Metro Council meeting that lasted over nine hours — a proposed ordinance designed to force the mayor’s office to disclose the identity of the economic development guests it entertains at taxpayers expense...
- By Joe Sonka | Posted on December 11, 2018
The administration of Mayor Greg Fischer has finally released the names of 16 local business leaders who received free Churchill Downs tickets on Kentucky Derby weekend since 2016. The individuals were dubbed “cheerleaders” for the city as the mayor’s economic development team attempted to...
- By Joe Sonka | Posted on November 30, 2018
Sen. Joe Bowen said it would likely require new legislation to force public pension plans to post unredacted copies of their investment manager contracts.
- By Guest Author | Posted on October 29, 2018
The Kentucky Retirement Systems has effectively surrendered its statutory duty to “improve public transparency regarding the administration of the systems.”
- By Joe Sonka | Posted on October 23, 2018
In the 2017 session, the Kentucky General Assembly passed legislation to shine sunlight on what had long been the black box of investment manager contracts and fees for the state’s troubled public pension systems. While that legislation has increased transparency in some respects by...
KentuckyWired audit reveals secret 2015 agreement to divert state revenue to nonprofit tied to Congressman RogersBy Joe Sonka | Posted on October 5, 2018
A recent audit of the KentuckyWired project has revealed a previously undisclosed 2015 revenue-sharing agreement between the state and a nonprofit tied to Congressman Hal Rogers, which could divert a significant portion of future state revenue from the project. The Kentucky chapter of the...
- By Joe Sonka | Posted on October 4, 2018
The administration will appeal the circuit court ruling ordering the city to release its proposal for Amazon to locate its next headquarters in Louisville.
- By Joe Sonka | Posted on September 5, 2018
According to records obtained by Insider, the Bevin administration also spent nearly $189,000 on guests' hotels, transportation, food, beverages and gifts.
- By Joe Sonka | Posted on June 21, 2018
Republican mayoral candidate Angela Leet held a campaign news conference Thursday morning blasting Mayor Greg Fischer for what she called a “pattern of secrecy” and lack of transparency from his office, pledging that she will not withhold information from the public if she is...