Kan. Admin. Regs. § 122-5-1

Current through Register Vol. 43, No. 46, November 14, 2024

Section 122-5-1 - Money available for investment

(a) In order to make state moneys available for investment pursuant to subsection (a)(1) of K.S.A. 1995 Supp. 75-4209 and amendments thereto, the director of investments shall periodically, and at least annually, review and determine the liquidity needs of the state, the varying maturities of the investment accounts to be offered, and the amount of state moneys to be invested in each of the maturities offered.

(b) In conducting the review and making the determinations, consideration shall be given to the following factors:

(1) historical state cash-flow trends;

(2) anticipated periods of peak disbursements and revenue receipts;

(3) maturities of existing investments;

(4) anticipated future expenditures and re-ceipts;

(5) contingencies for unanticipated obligations;

(6) unforeseeable occurrences or unascertainable effects of foreseeable occurrences; and

(7) general economic conditions of the state.

Kan. Admin. Regs. § 122-5-1

Authorized by K.S.A. 1995 Supp. 75-4232, as amended by L. 1996, Ch. 254, Sec. 26; implementing K.S.A. 1995 Supp. 75-4209, as amended by L. 1996, Ch. 254, Sec. 17; effective, T-122-7-27-95, July 27, 1995; effective Nov. 17, 1995; amended Jan. 24, 1997.