Sebelius reappoints Reber and Schaller to
Kansas Development Finance Authority

To continue their oversight of the state’s bond financing, Governor Kathleen Sebelius has reappointed Brett Reber, McPherson, and Timothy Schaller, Larned, to the Kansas Development Finance Authority.

“KDFA has provided key assistance as we make infrastructure investments that will help ensure our future prosperity.  The authority has also been critical to our efforts to reduce the long-term costs of state bonds,” said Sebelius.

The Kansas Development Finance Authority’s purpose is to promote economic development and the general welfare of the state by improving the accessibility to long-term capital financing by state agencies, political subdivisions, public and private organizations, and businesses.

The authority structures financing for capital projects and programs through the issuance of taxable and tax-exempt bonds or other debt instruments.  It also serves as a source of information on capital finance mechanisms available to state and local governments, and to certain private enterprises.

Both Reber and Schaller will serve four-year terms.

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