The Kentucky Association of Counties

KACo LogoThe Kentucky Association of Counties

KACo Logo
The Kentucky Association of Counties


KACo has always been there to help you with your financing needs.  In addition to our traditional leasing program, KACo has created a program that saves you money while providing a great service to your community.  KACoFC is a bond pool program designed to help counties and local governments receive a higher Standard & Poor’s Bond Rating than most counties and local governments could achieve on their own.  SOME COUNTIES AND LOCAL GOVERNMENTS MAY EVEN BE ABLE TO ACHIEVE AN ‘AA’ RATING—WHICH TRANSLATES TO  LOWER COSTS TO OUR COUNTIES!

Savings through the KACoFC program are achieved in several ways. Due to the number of borrowers going to market at one time, via the KACoFC bond pool, KACoFC is able to control the cost of issuance, making it possible for many small borrowers to participate in the same way as large borrowers. Additionally, KACo’s insurance programs and the KACo County Leasing Trust are jointly funding the KACoFC debt service reserve to help achieve the highest rating possible for you and eliminating the need to borrow additional funds to cover this necessary cost of issuance.  

Eligible projects include:

  • Construction/renovation
  • Land/property acquisition
  • Equipment
  • Road Repair
  • Storm Repair


Some of the benefits of the Program are:

  • No cross liability among borrowers
  • Offers terms from 1 to 30 years
  • A low fixed rate without utilizing a SWAP Agreement.


At KACo, our mission is to help your local government do the things you want to do in the most cost-effective and convenient manner possible.  Whether you want to utilize KACo’s traditional variable rate leasing program or the new, fixed rate KACoFC bond pool program to finance your next project or purchase, KACo is here to help.  Please contact KACo Financial Services staff for assistance.  We have three Municipal Advisors registered with the MSRB and SEC ready to help you with your financing needs!

Contact Information

Grant Satterly

Director Financial Services     


Lonnie Campbell

Assistant Director Financial Services


Kelly Mittler

Leasing Officer


BJ White

Accounts Receivable Officer





Kentucky Association of Counties
400 Englewood Drive Frankfort, KY 40601
Phone: (502)223-7667 Toll Free: (800) 264-KACo (5226) Fax: (502) 223-1502
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