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Dr. Kathleen Baxter Named as State Comptroller
Department of Finance:
7/12/2017 - State Finance Director, Clinton Carter, announced the appointment of Dr. Kathleen D. Baxter as the state comptroller. The state comptroller serves as the chief accountant in state government and is responsible for maintaining fiscal accounts, ordering payments into and out of state funds, and preparing state financial reports.
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The Alabama Economic Settlement Authority Issues $628.7 Million in Bonds Backed by Payments from BP Oil Settlement
Department of Finance:
12/2/2016 - December 2, 2016 – The Alabama Economic Settlement Authority met November 28, 2016 and approved the issuance of $628.7 million in bonds.
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Governor Bentley Signs Executive Order Realigning Information Technology Offices
Department of Finance:
11/30/2016 - Governor Robert Bentley signed Executive Order 26 on November 1, 2016 directing the Alabama Department of Finance to transition its Information Services Division (ISD) and State Business Services Division (SBS) into the Alabama Office of Information Technology.
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Alabama State Bond Commission successfully refinances $105.1 million
Department of Finance:
10/6/2016 - October 6, 2016 – The Alabama State Bond Commission successfully refinanced $105.1 million of outstanding general obligation bonds, resulting in net present value savings of more than $11 million for Alabama taxpayers.
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Finance Director Names John Montgomery as Finance Legal Advisor
Department of Finance:
7/20/2017 - State Finance Director Clinton Carter announced the appointment of John Montgomery to the Legal Division of the Department of Finance. Montgomery is responsible for advising the Director of Finance on all legal matters. Montgomery recently retired from active duty service as a judge advocate in the United States Air Force.
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