Downloads &
historical materials.
48 PDFs and 8 text downloads, including source exhibits, alternate extracts and campaign materials. These are published files and versions, not a count of the research archive.
Reviewed evidence
- PDFDownload ↓Link to context
APERS chief investment officer FOIA-search email ↗
APERS chief investment officer FOIA-search email. Read with the dated scope and locator.
Message date: 2026-02-13
Provenance and download history
Campaign crop; direct contact information masked; quoted request omitted. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
IB_FOIA_FINAL, physical page 3,081; duplicate at page 3,084. Full source record ↗
Public file SHA-256:
f12787cab1bfd2bd6aa32f90232bd527b2cb825497cda850f918428f2b73ec1a - PDFDownload ↓Link to context
APERS second investment request ↗
$10 million two-year investment request; August 15 is the displayed custody-line date, not a timestamp established by this form.
Document date: not shown · Received 2026-09-09
Provenance and download history
Rectangular request-form crop through bond total; direct seller contact block and footer omitted. Agency masking retained; rasterized.
Physical page 1; separate execution timestamp not displayed. Full source record ↗
Public file SHA-256:
c1aa33215bdca03d7e1d90acb94fd4d3cc370758cc6e6c7c826882bbdeef9c02 - PDFDownload ↓Link to context
APERS Investment Finance Subcommittee signed minutes ↗
APERS Investment Finance Subcommittee signed minutes. Read with the dated scope and locator.
Decision date: 2025-05-15
Provenance and download history
Selected pages reproduced in full; no campaign masking applied. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
Signed minutes, physical pages 1 and 4; proxy role on page 1 and motion on page 4. Full source record ↗
Public file SHA-256:
d517842b623cf1761654f347f4ecfbd9d8532dddf59f61d125353e0cb1a5c881 - PDFDownload ↓Link to context
APERS $15 million purchase record ↗
APERS $15 million purchase record. Read with the dated scope and locator.
Transaction date: 2025-10-15
Provenance and download history
Campaign crop; account and operational identifiers masked. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
IB_FOIA_FINAL, physical page 6,925. Full source record ↗
Public file SHA-256:
503b0782844239b5cb7146c7424fbb5f0b67588a1edac91518f8be7b8a9c6f0f - PDFDownload ↓Link to context
APERS September custody positions ↗
$25 million par in two positions on a dated APERS custody report. APERS-administered pooled-account allocation is unresolved.
Account as of: 2026-09-07
Provenance and download history
Agency masking retained. Public derivative is rasterized to remove hidden text and metadata.
Physical page 1, two State of Israel positions; page 2 account total. Full source record ↗
Public file SHA-256:
5ee7faaaa86b5cf40fb3713df3be34120bb8df494368927e979a4f74e47a6732 - TEXTDownload ↓Link to context
APERS September request and no-record response ↗
The request sought specified analyses and recommendations dated February 14 through September 7, 2026. APERS replied that no responsive records existed for that category.
Message date: 2026-09-09 · Received 2026-09-09
Provenance and download history
Reviewed plain-text request/response excerpts. Requester identity and contacts, identity attachment, signature contact details, unrelated categories and quoted chain omitted; no facsimile invented.
September 8 request, category 4; September 9 reply, category 4. Full source record ↗
Public file SHA-256:
7169f86443ba8dd9c22773e17d1cc70af9da7df63feb6e40d38e382e295d873b - TEXTDownload ↓Link to context
ASHERS no-holding statement ↗
ASHERS no-holding statement. Read with the dated scope and locator.
Message date: 2025-05-15
Provenance and download history
Faithful plain-text excerpt from the agency-produced EML. Line breaks normalized; direct contact information, transport headers and unrelated or quoted material omitted as marked. No PDF or source-page image invented.
FW_ wickline's questions.eml, Robyn Smith message at 8:32 a.m. CDT. Full source record ↗
Public file SHA-256:
8b73902efbb699032d4d884461b2fe14d9d5ff1f3ebb5cb2d0c3bba32f46b447 - TEXTDownload ↓Link to context
ASHERS no-purchase statement ↗
ASHERS no-purchase statement. Read with the dated scope and locator.
Message date: 2025-07-14
Provenance and download history
Faithful plain-text excerpt from the agency-produced EML. Line breaks normalized; direct contact information, transport headers and unrelated or quoted material omitted as marked. No PDF or source-page image invented.
RE_ Arkansas Times article about state retirement systems purchasing Israeli bonds.eml, Robyn Smith message at 10:35 a.m. CDT. Full source record ↗
Public file SHA-256:
294f20625420901d6ee0f903b7175f0f3f2e46336f69db36f0081f233e42ab9a - TEXTDownload ↓Link to context
DFA introduction and seller pitch to ASHERS ↗
DFA introduction and seller pitch to ASHERS. Read with the dated scope and locator.
Message date: 2025-04-16
Provenance and download history
Faithful plain-text excerpt from the agency-produced EML. Line breaks normalized; direct contact information, transport headers and unrelated or quoted material omitted as marked. No PDF or source-page image invented.
FOIA Response 3-27-26 / RE_ Virtual Introductions.eml, Andy Babbitt message at 9:25 a.m. CDT and seller reply dated April 17, 2025 at 1:02 p.m., with attached eight-page presentation. Full source record ↗
Public file SHA-256:
4daa9cb6fcdae96498b5797c9145a23144011bcf1ef796458e87ab8ce0f61739 - PDFDownload ↓Link to context
Aon implementation and manager-selection memorandum ↗
Aon implementation and manager-selection memorandum. Read with the dated scope and locator.
Document date: 2025-06-02
Provenance and download history
Pages reproduced in full; no campaign masking applied. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
June 2, 2025 Board packet, physical pages 149–150. Full source record ↗
Public file SHA-256:
656078606e180693d6634e369d5fd808a306a0b6d950e2e23a60546cd4878609 - PDFDownload ↓Link to context
ATRS Auditor designee record ↗
ATRS Auditor designee record. Read with the dated scope and locator.
Meeting date: 2025-04-07
Provenance and download history
Physical page 6, full minutes attendance page. Rasterized public derivative.
FOIA Response 7-3-25 / 06-02-25_BOT_Packet.pdf, physical page 6 (embedded signed minutes); cross-check: Sign-In Sheets 6-2-2025.pdf, physical page 1. Full source record ↗
Public file SHA-256:
39aa56ee30d1355fd241065555980cc490b95bfd7226bd2a03bfc408c3b2ebb3 - PDFDownload ↓Link to context
ATRS canceled first issuance ↗
The first $9.9 million issuance was canceled; exclude it from completed-purchase totals.
Account as of: 2026-02-03 · Received 2026-09-11
Provenance and download history
Physical page 1 rectangular financial-table crop; recipient, account, barcode and return-mail blocks omitted. Agency masking retained. Rasterized public PDF.
Physical page 1, Cancel Bond Issuance. Full source record ↗
Public file SHA-256:
e224407a3793412f9ac30567083f6b5d322d89cc3724c4154ae55caa7757b012 - PDFDownload ↓Link to context
ATRS completed manager funding ↗
$50 million completed transfer to the Reams account on January 2, 2026.
Transaction date: 2026-01-02
Provenance and download history
Physical page 3 only. Reference number, submitting staff identity, source/destination fund codes and clearing-house field irreversibly masked before rasterization. No other funding pages included.
Physical page 3 status Completed; pages 1 and 6–7 transfer context. Full source record ↗
Public file SHA-256:
dad8c9cf2b5a47a9c18b8b0a2b1c5f3b6c9ecd4ca69060ddb007b067744471cb - PDFDownload ↓Link to context
ATRS completed Israel Bond purchase ↗
$9.9 million trade and settlement on February 17 at par; 4.93% coupon, maturity February 1, 2031.
Transaction date: 2026-02-17
Provenance and download history
Native LibreOffice spreadsheet PDF export of original rows 1-2. Only print-column widths widened in a working copy so source text is legible; cell values unchanged. Agency redaction retained. Rasterized public PDF.
2026.0228.Reams ILS 4NZB Trade, row 2 (headers row 1). Full source record ↗
Public file SHA-256:
49a2687d425fed79bb64bcc9d6e3f4e66c1df826e6f56dadbf0418022a451a9a - PDFDownload ↓Link to context
Reams contract extension ↗
Extension through June 30, 2027; Reams signed June 9 and ATRS signed July 23, 2026.
Signature date: 2026-07-23
Provenance and download history
Physical pages 1 and 3. Department contact section irreversibly masked; official contract terms and signature section retained. Rasterized; form fields and metadata removed.
Amendment 2, contract-period and signature fields. Full source record ↗
Public file SHA-256:
b77e1fb9d77b5cc7a1e0d39652fd1f98fb97a5c487868e3896be2b0ceba77c2f - PDFDownload ↓Link to context
ATRS July manager-account holdings ↗
$9.9 million Israel Bond par within a $50,446,757.95 account valued with accrued income.
Account as of: 2026-07-31
Provenance and download history
Native LibreOffice spreadsheet PDF export, SinglePageSheets; original cells, headers and agency redactions preserved. Rasterized public PDF.
MasterGridXLS rows 7, 9–10 and 12; headers row 1. Full source record ↗
Public file SHA-256:
1277bd2094f1d4e8fdcb759ad87525a767c9c0b85033bf8391082da0a13429b9 - PDFDownload ↓Link to context
ATRS Board Update Liquidity ↗
Historical December 29 notice. Direct bank records now establish completion on January 2, 2026; the notice alone is not settlement proof.
Message date: 2025-12-29
Provenance and download history
Campaign-typeset excerpt; recipient addresses and unrelated notice text omitted. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
Rod Graves email to Board Distribution List, 11:23 a.m. CST. Full source record ↗
Public file SHA-256:
9662e2cbf6df92a9fa8c16c2883e1a2d15435a29fd3a8fea6228ab36a65fccbc - PDFDownload ↓Link to context
Reams second-quarter report ↗
Manager reporting describes the Treasury ladder and Israel Bond implementation; it is distinct from an independent pre-decision credit recommendation.
Reporting period end: 2026-06-30
Provenance and download history
Selected full source pages 3, 7 and 8: performance, portfolio strategy and characteristics. Rasterized public derivative; no added source-page graphics.
Performance summary and portfolio commentary. Full source record ↗
Public file SHA-256:
4031c2510e50e8388fc6bcb5143e6bbe5df273c2a83faa2888a119efb1c18d10 - PDFDownload ↓Link to context
S&P sovereign-rating report in ATRS production ↗
Historical S&P rating material produced by ATRS. Its presence establishes external credit material in the production, not a current rating or proof of trustee reliance.
Document date: 2024-04-18
Provenance and download history
Physical page 2, S&P research update dated April 18, 2024 (printed page 1). Analyst contact column masked. Historical report, not a current rating or pension-specific analysis.
Reports.pdf, physical page 2 (printed page 1); S&P RatingsDirect research update dated April 18, 2024. Full source record ↗
Public file SHA-256:
d5d54385745f91233702a40205ee2916b71a905023e1d0a502257ec2491f5169 - PDFDownload ↓Link to context
Executed ATRS Resolution 2025-22 ↗
Executed ATRS Resolution 2025-22. Read with the dated scope and locator.
Decision date: 2025-06-02
Provenance and download history
Executed pages reproduced in full; no campaign masking applied. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
Emails5, physical pages 5–6; signature on physical page 6. Full source record ↗
Public file SHA-256:
da5375fd460bfef6c77c9e9e7922014c3e804d4efa99ed2319b3739e340b288f - PDFDownload ↓Link to context
April 2025 Capitol itinerary ↗
April 2025 Capitol itinerary. Read with the dated scope and locator.
Message date: 2025-04-11
Provenance and download history
Physical page 2 rectangular itinerary/body crop. Signature contact block omitted. Schedule is not attendance proof.
FOIA Response 6-18-25 / State Auditors Emails / Spadoni / April 11, 2025 - 4.pdf, physical page 2. Full source record ↗
Public file SHA-256:
14fe54620ec82033f8d5b2f48f405f4a95d40b5cc3cca7d1f8361548ee32272d - TEXTDownload ↓Link to context
Hudson-Babbitt meeting confirmation ↗
Hudson-Babbitt meeting confirmation. Read with the dated scope and locator.
Message date: 2025-04-16
Provenance and download history
Faithful plain-text excerpt from the agency-produced EML. Line breaks normalized; direct contact information, transport headers and unrelated or quoted material omitted as marked. No PDF or source-page image invented.
FOIA Response 3-27-26 / RE_ Virtual Introductions.eml, Andy Babbitt message at 9:25 a.m. CDT. Full source record ↗
Public file SHA-256:
f9f5d468577699009e0639a2258c0ff6f39305e51c3d2288da2509795db49a42 - PDFDownload ↓Link to context
Arkansas 1986 suspension and reinstatement orders ↗
Principal-designation deficiency; suspension vacated and registration reinstated. No investor-harm finding in these orders.
Document date: 1986-07-22
Provenance and download history
All three original pages retained together: suspension and later vacatur/reinstatement. Rasterized public derivative.
Orders 86-27-S and 86-27a-S. Full source record ↗
Public file SHA-256:
160a167118f3c898ac6d8297181696463fdddaf4e54eb89738f0f1478bbf8556 - PDFDownload ↓Link to context
Seller-authored report of Fecher and Treasury-team encounters ↗
Seller-authored report of Fecher and Treasury-team encounters. Read with the dated scope and locator.
Message date: 2025-04-17
Provenance and download history
Physical page 589 crop through message closing; direct email address and mail-security banner masked; contact signature omitted. Seller-authored claims retained as seller claims.
FOIA Response 7-7-25 / IB_FOIA_MAY_25_Reviewed.pdf, physical page 589. Full source record ↗
Public file SHA-256:
60b97126e66d65c641cf0e4e1f4a2dd687c8d909c1d5fdea5d1af63e2b85373b - PDFDownload ↓Link to context
SFOF newsletter circulating a state purchase ↗
SFOF newsletter circulating a state purchase. Read with the dated scope and locator.
Message date: 2024-11-04
Provenance and download history
Original physical pages 4-6, including newsletter organization context and footer. Public generic organization contact retained; no personal contacts displayed.
FOIA Response 6-18-25 / State Auditors Emails / Milligan / 🗳️ Pre-Election Update from the States - 4 nov 24.pdf, physical pages 4-6. Full source record ↗
Public file SHA-256:
97d432acd70bb809caf0f84430ced27750f89782a6b87ee79d310c7ee99090a9 - PDFDownload ↓Link to context
Post-action member-state contact facilitation ↗
Post-action member-state contact facilitation. Read with the dated scope and locator.
Message date: 2025-06-04
Provenance and download history
Physical page 1 rectangular crop of June 4 message only. Quoted prior email, direct contact and meeting details omitted.
FOIA Response 6-25-25 / Stacy Peterson mailbox / Sent Items / Re Policy Zoom_1.pdf, physical page 1. Full source record ↗
Public file SHA-256:
10f5aa3cf205012368eb6aed91b70c9d25a15a7e814af6bd029695eed820ec77 - PDFDownload ↓Link to context
SFOF speech preparation and scheduled presentation ↗
Draft remarks about unclaimed property document SFOF speech preparation. The excerpt is contextual participation evidence, not an Israel Bonds sales pitch or proof of delivery.
Message date: 2025-04-03
Provenance and download history
Physical page 1 of draft speech email. Displayed header contains names, no direct addresses. Draft language is not proof of delivery.
FOIA Response 6-25-25 / Jason Brady mailbox / Sent Items / update sfof speech.pdf, physical page 1; schedule cross-check dated April 14 for an April 24 slot in Jason Brady mailbox / Inbox / FW Auditor Milligan - Presentation Time.pdf, physical page 1. Full source record ↗
Public file SHA-256:
9e8434e86c72753bfc46c6e092a348c827c05a84306a0118130a60c055c23bba - PDFDownload ↓Link to context
2020 SFOF event sponsor listing ↗
2020 SFOF event sponsor listing. Read with the dated scope and locator.
Document date: 2020-12-17
Provenance and download history
Full physical page 1. Public organization letter and sponsor list; rasterized.
End of Year Letter from Treasurer Milligan.pdf, physical page 1. Full source record ↗
Public file SHA-256:
b1febe184680e1f66ba9988c03210fb5f76e29915077321c870ff56c4ad606b9 - PDFDownload ↓Link to context
Treasury projected final-maturity cash flow ↗
A projected cash-flow worksheet lists a $5 million Final Maturity row with a February 2, 2026 post date. It does not independently establish proceeds received or a later holdings balance.
Scheduled post date: 2026-02-02
Provenance and download history
Campaign-typeset excerpt; account and security identifiers, coupon details, and unrelated rows omitted. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
IA-Non-MBS Cash Flow workbook, Sheet1, row 14. Full source record ↗
Public file SHA-256:
c08a6ea05e98152064b228dfdf7bbae21e1a6262b568b5604c2132456c2982dc - PDFDownload ↓Link to context
Treasury June 30, 2025 bondholder statement ↗
Treasury June 30, 2025 bondholder statement. Read with the dated scope and locator.
Account as of: 2025-06-30
Provenance and download history
Campaign crop omits recipient, barcode, account, and return-mail data; agency masking retained. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
Bondholder statement, physical page 1; account identifiers omitted from excerpt. Full source record ↗
Public file SHA-256:
589098c1f5e5c6a97865d6f8befe560c690688bdf76c650dbfb43a86136f4305 - PDFDownload ↓Link to context
Treasury internal credit overview ↗
Treasury internal credit overview. Read with the dated scope and locator.
Document date: 2024-10-08
Provenance and download history
Pages reproduced in full; no campaign masking applied. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
Two-page internal overview, conclusion on physical page 2. Full source record ↗
Public file SHA-256:
6000afbf80143d6ac01f3a57244f6d25633664f09a5b385317c879aba3614406 - PDFDownload ↓Link to context
Treasury outgoing payment report ↗
Treasury outgoing payment report. Read with the dated scope and locator.
Document date: 2026-02-17
Provenance and download history
Campaign crop; requester and transaction identifiers masked; agency masking retained. Existing public PDF preserved byte-for-byte; preview renders that exhibit.
Outgoing Payments Report, physical page 1. Full source record ↗
Public file SHA-256:
810c6958cbf10680ced1c2d7e025f0ca82c6ebf4341cce1feea042820e359eae - PDFDownload ↓Link to context
Seller report of Treasury portfolio target ↗
Seller report of Treasury portfolio target. Read with the dated scope and locator.
Message date: 2025-04-16
Provenance and download history
Physical page 7 email-body excerpt; sender/recipient direct-contact fields irreversibly masked; signature block on page 8 omitted. Seller statement, not a Treasury purchase authorization.
FOIA Response 7-7-25 / Dunlap FOIA 7.,2.25.pdf, physical pages 7-8; seller email to Treasury investment staff. Full source record ↗
Public file SHA-256:
4e1720ffcfa6ab7e360c7a3fffa669c849e002ebbd86ca34e7a2f4ea8cc685eb
Alternate extract
- PDFDownload ↓Link to context
APERS authorization: signed minutes, page 4 ↗
An earlier single-page extract of the signed Investment Finance Subcommittee minutes. The four-page reviewed source provides the meeting context.
Meeting: May 15, 2025
Verified original file and page locator
- Production
- APERS FOIA production, 2026-02-27
- Original filename
- Minutes_IFC_05.15.25.pdf
- Locator
- Physical PDF page 4
- Reviewed
- 2026-09-16
Source content and page locator checked against the original. This earlier derivative changes the page canvas and includes campaign-added footer material.
Original source-file SHA-256:
bc2d445fd48d6938d623b38de4942c7da31e583b1c28a81ae555b8293c9c4d5aThe original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the APERS FOIA production dated 2026-02-27; physical pdf page 4 of Minutes_IFC_05.15.25.pdf.
Read the reviewed source context ↗
Public file SHA-256:
b47bdda2e80da385488aa72d1cd0992ef584ee65b140cd8c654d4b25bd2eaafa - PDFDownload ↓Link to context
ATRS Resolution 2025-22: unsigned board-packet copy ↗
The unsigned resolution in the board packet. The executed resolution is published separately and supports the authorization account.
Board packet: June 2, 2025
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
These pages describe the proposed non-tradable fixed-income mandate and manager implementation. The signature area in this packet copy is blank.
The earlier extract includes campaign-added footers. Use the linked executed resolution to verify the signed Board action; neither version alone proves funding or a completed bond purchase.
Verified original file and page locator
- Production
- ATRS FOIA production, 2025-07-03
- Original filename
- 06-02-25_BOT_Packet.pdf
- Locator
- Physical PDF pages 151–152
- Reviewed
- 2026-09-16
Source content and page locator checked against the original. This earlier derivative changes the page canvas and includes campaign-added footer material.
Original source-file SHA-256:
311fdcacb29f286bd068858eceb88bf875adc5bf27bba386aad7eee60010e906The original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the ATRS FOIA production dated 2025-07-03; physical pdf pages 151–152 of 06-02-25_BOT_Packet.pdf.
Read the reviewed source context ↗
Public file SHA-256:
0f4f2fb73e6defb6aad7fffbb8a1abd0a30b8fa12f77d43c4fa88f583029d2e0
Supplemental historical evidence
- PDFDownload ↓Link to context
Berman’s account of Lowery’s interest, May 2023 ↗
A seller’s account of a conversation with Treasurer Lowery, offered while pitching rates to Treasury staff.
Message: May 31, 2023; forwarded June 2, 2023
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
Larry Berman described a conversation at an SFOF conference and attributed an interest in reinvestment to Lowery, conditional on a solid return. This is Berman’s account, not an independently recorded instruction from Lowery.
The message pitches a three-year Jubilee yield of 5.10% and a two-year yield of 4.91%. Those are offered rates in a May 2023 message, not proof of an executed transaction.
The old download filename is preserved for existing links. Its wording is not used to establish the chronology of Lowery’s death.
Verified original file and page locator
- Production
- TREASURY FOIA production, 2025-09-23
- Original filename
- A-He COMBINED & REDACTED 9-22-25_Redacted_AO.pdf
- Locator
- Physical PDF pages 50–51
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
5700553205b211b59605c0aac1a7b2055c12531403b5e9b540df5d96a1a4e2fdThe original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the TREASURY FOIA production dated 2025-09-23; physical pdf pages 50–51 of A-He COMBINED & REDACTED 9-22-25_Redacted_AO.pdf.
Public file SHA-256:
a3803c8a074d76117ffc69c2b9877d47fc62b67ce77b66888536d0e46572e87e - PDFDownload ↓Link to context
Berman’s thank-you and manager-introduction request to APERS ↗
Seller-authored follow-up to APERS staff, describing an Election Day visit and asking for introductions to fixed-income managers.
Message: November 7, 2024
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
Berman thanked Carlos and Ashley for time with him and Brad on Election Day. He asked for initial manager conversations, preferably meetings in December, ahead of expected January coupons.
The message documents the seller’s account and request. The requested manager meetings and any subsequent acquisition require separate evidence.
Verified original file and page locator
- Production
- APERS FOIA production, 2025-07-07
- Original filename
- IB_FOIA_MAY_25_Reviewed.pdf
- Locator
- Physical PDF page 26
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
39dea6dc55602a586bd25326f27999b65e89553db984badaf5541ff3bc85767eThe original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the APERS FOIA production dated 2025-07-07; physical pdf page 26 of IB_FOIA_MAY_25_Reviewed.pdf.
Public file SHA-256:
a5f520b7f1ff39c21caab128851ba7a89400dc0581424840d368a2481ed602fc - PDFDownload ↓Link to context
Berman’s April 2025 follow-up to Fecher and Treasury comparison ↗
Berman’s report of encounters earlier that week and his use of a Treasury purchase claim in a pitch to APERS.
Message: April 17, 2025
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
Berman thanked Amy Fecher for a meeting, offered a Board or staff presentation, and invoked a $20 million Treasury investment while asking APERS to consider the product.
The encounter and Treasury-purchase assertions are attributed to the seller. This email alone does not prove settlement on April 17 or establish that Treasury’s action caused a pension-system decision.
Verified original file and page locator
- Production
- APERS FOIA production, 2025-07-07
- Original filename
- IB_FOIA_MAY_25_Reviewed.pdf
- Locator
- Physical PDF pages 589–590
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
39dea6dc55602a586bd25326f27999b65e89553db984badaf5541ff3bc85767eThe original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the APERS FOIA production dated 2025-07-07; physical pdf pages 589–590 of IB_FOIA_MAY_25_Reviewed.pdf.
Read the reviewed source context ↗
Public file SHA-256:
8b84adb2c17f1e0cda2295fad07c4e5b09aae42c6e301dabf9acf9d3b97e890b - PDFDownload ↓Link to context
Berman and Young congratulate Milligan after the 2018 election ↗
Historical correspondence between sellers and Milligan, including his November 8 reply.
Messages: November 7–8, 2018
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
The chain records congratulatory messages and a reply in Milligan’s Treasury tenure. It helps date the professional relationship.
It does not establish a later pension authorization, financial analysis or monetary transfer.
Verified original file and page locator
- Production
- TREASURY FOIA production, 2025-09-23
- Original filename
- A-He COMBINED & REDACTED 9-22-25_Redacted_AO.pdf
- Locator
- Physical PDF pages 19–21
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
5700553205b211b59605c0aac1a7b2055c12531403b5e9b540df5d96a1a4e2fdThe original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the TREASURY FOIA production dated 2025-09-23; physical pdf pages 19–21 of A-He COMBINED & REDACTED 9-22-25_Redacted_AO.pdf.
Public file SHA-256:
74eee40c25d9b22caa57dcc91eef1f306bb3bcb145641a48256a87e4d4858efe - PDFDownload ↓Link to context
Internal Auditor email preparing Israel Bonds social copy ↗
Stacy Peterson’s internal email containing proposed social copy associated with Milligan.
Internal message: April 14, 2025
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
The internal message contains the proposed “happy to help” language. It is evidence of communications preparation.
The record does not by itself establish that the social post was published, or that any pension investment was authorized.
Verified original file and page locator
- Production
- AUDITOR FOIA production, 2025-06-25
- Original filename
- Israel social.pdf
- Locator
- Physical PDF page 1
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
ae1ab4746a0dafdc4de3ad557f70257a13e3ba554a3588796c53e9340fda7339The original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the AUDITOR FOIA production dated 2025-06-25; physical pdf page 1 of Israel social.pdf.
Public file SHA-256:
ae1ab4746a0dafdc4de3ad557f70257a13e3ba554a3588796c53e9340fda7339 - PDFDownload ↓Link to context
Berman’s reply to Milligan’s October 7 anniversary message ↗
A seller’s response to an Auditor message, preserved in the Auditor’s production.
Reply: October 7, 2024
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
The email chain shows the public-message context and Berman’s reply. It is historical relationship evidence.
It contains no pension acquisition instruction and is not a financial decision memo.
Verified original file and page locator
- Production
- AUDITOR FOIA production, 2025-06-25
- Original filename
- RE A message from Arkansas Auditor Dennis Milligan.pdf
- Locator
- Physical PDF pages 1–2
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
d00b0c4420cd328af5740f0fb1c06028b415de0e424edfb32dc8df86c8aa8fadThe original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the AUDITOR FOIA production dated 2025-06-25; physical pdf pages 1–2 of RE A message from Arkansas Auditor Dennis Milligan.pdf.
Public file SHA-256:
d00b0c4420cd328af5740f0fb1c06028b415de0e424edfb32dc8df86c8aa8fad - PDFDownload ↓Link to context
Invitation to a January 2025 Israel Bonds economic briefing ↗
Calendar invitation and registration information for a planned online economic briefing.
Scheduled briefing: January 15, 2025, 10:30–11:30 a.m.
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
The scheduled time appears in the invitation. Its presence in the calendar production establishes an invitation record.
An invitation, registration link or calendar entry is not confirmation of attendance or proof that the briefing occurred as planned.
Verified original file and page locator
- Production
- AUDITOR FOIA production, 2025-06-25
- Original filename
- Isreal Bonds - Private & Exclusive Economic Briefing.pdf
- Locator
- Physical PDF pages 1–2
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
476b1425b8a11da972ed3836651ec04c8234845efb69e546005aa87b2b23cf85The original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the AUDITOR FOIA production dated 2025-06-25; physical pdf pages 1–2 of Isreal Bonds - Private & Exclusive Economic Briefing.pdf.
Public file SHA-256:
476b1425b8a11da972ed3836651ec04c8234845efb69e546005aa87b2b23cf85 - PDFDownload ↓Link to context
Nomination of Milligan for SFOF national chair ↗
Kelly Mitchell’s nomination, with a quoted message about the 2021 officer-election process.
Nomination message: July 1, 2020
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
The July 1 message nominates Milligan for national chair. The quoted administrative message describes elections planned for September 30, 2020.
A nomination does not establish the election result. This correspondence does not document a financial flow or a pension investment decision.
Verified original file and page locator
- Production
- TREASURY FOIA production, 2026-02-19
- Original filename
- Redacted communications.pdf
- Locator
- Physical PDF pages 307–308
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
6f673fe27e09efcdad0c39242addf39d53fb2d845a6fcd5373856eab7f97defdThe original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the TREASURY FOIA production dated 2026-02-19; physical pdf pages 307–308 of Redacted communications.pdf.
Public file SHA-256:
7be5783b6ebfb23d496eadaaabcee0a0c1ec4a066e1e53926c5fb610d5b69403 - PDFDownload ↓Link to context
Israel Bonds marketing email in Milligan’s mailbox ↗
The “Strong Rates. Strategic Options. Invest in Israel” marketing email preserved in the Auditor production.
Marketing message: May 29, 2025
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
The production preserves the marketing message and its investment solicitation. The record can establish the message’s content and mailbox context.
Delivery to a mailbox does not establish readership, endorsement or an investment decision. Offered rates are dated marketing information.
Verified original file and page locator
- Production
- AUDITOR FOIA production, 2025-06-25
- Original filename
- Strong Rates. Strategic Options. Invest in Israel.pdf
- Locator
- Physical PDF pages 1–3
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
b4e0a0c7a963ec76a8f0948e4c4507cd24d48c9dedc248e68e8a8d531756f3c7The original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the AUDITOR FOIA production dated 2025-06-25; physical pdf pages 1–3 of Strong Rates. Strategic Options. Invest in Israel.pdf.
Public file SHA-256:
b4e0a0c7a963ec76a8f0948e4c4507cd24d48c9dedc248e68e8a8d531756f3c7 - PDFDownload ↓Link to context
Treasury purchase confirmations: two May 2025 bonds ↗
Two $10 million Treasury bond confirmations and supporting order, payment-instruction and investor materials. Treasury is a separate comparison account, outside the pension proposal.
Bond issue dates: May 1, 2025; supporting correspondence: April 2025
Read the historical context and security fields
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
Pages 1 and 2 identify the two bonds below. Their $20 million combined face amount is a calculation from two confirmation records, not a separate pension holding.
The packet also contains customer requests (pages 3–4), payment instructions (page 5), April 16 order correspondence (pages 6–9), and investor-certification material (pages 10–12). These documents have different dates and functions.
Account fields have been removed from the public derivative. This table preserves the material security fields; it omits account, address, signature and administrative information. Historical confirmations do not establish present-day ownership.
Security fields transcribed from the May 2025 confirmation pages Public PDF page Face amount (USD) CUSIP Coupon Issue date Maturity date 1 $10,000,000 46514X2P3 4.66% May 1, 2025 May 1, 2028 2 $10,000,000 46514X3P2 5.17% May 1, 2025 May 1, 2030 Verified original file and page locator
- Production
- TREASURY FOIA production, 2025-09-23
- Original filename
- Israel Purchase 05-01-2025_Redacted.pdf
- Locator
- Physical PDF pages 1–12
- Reviewed
- 2026-09-16
Every source page visually reviewed. Page images match the original outside the documented account-field redactions; other source pages are unchanged. OCR and PDF packaging may differ.
Original source-file SHA-256:
f3f0c58270f008fc789c8a1e15a7b15cb90f1ba68f69f65abddaf463fb832718The original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the TREASURY FOIA production dated 2025-09-23; physical pdf pages 1–12 of Israel Purchase 05-01-2025_Redacted.pdf.
Public file SHA-256:
771c5a2cff1fdb485ac741cff1de361b9b57e8687512320cb98ef512a91368c1Privacy revision · 2026-09-16. Broker-account fields on physical pages 1 and 2 removed from the image and any text layer. The second field was found during full-page visual follow-through after the first release. PDF metadata cleared; financial content and download URL retained. Original retained in private release archive; not served by this candidate.
Original public SHA-256:
6bd771863cfb094671a25b98395dbb0b40930fda00c3463703fa5ca0793e229d - PDFDownload ↓Link to context
Treasury purchase confirmation: November 2023 bond ↗
A $10 million Treasury bond confirmation with supporting order and payment material. This is historical Treasury context, separate from pension holdings.
Bond issue date: November 1, 2023; order correspondence: October 2023
Read the historical context and security fields
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
Page 1 identifies the bond below. The packet also includes offered rates, investor-certification material and October 24 purchase-planning correspondence.
Page 9 is an outgoing-payments report run November 1, 2023. It records $10 million, a November 1 value date and the status “Processing By Bank.” That status does not independently prove completed settlement. The confirmation on page 1 is a different document.
The public derivative removes an account field. This selected table omits account, address, signature and administrative details and does not establish current ownership.
Security fields transcribed from the November 2023 confirmation Public PDF page Face amount (USD) CUSIP Coupon Issue date Maturity date 1 $10,000,000 46514AM22 5.40% November 1, 2023 November 1, 2026 Verified original file and page locator
- Production
- TREASURY FOIA production, 2025-09-23
- Original filename
- Israel Purchase 11-01-2023_Redacted.pdf
- Locator
- Physical PDF pages 1–9
- Reviewed
- 2026-09-16
Every source page visually reviewed. Page images match the original outside the documented account-field redactions; other source pages are unchanged. OCR and PDF packaging may differ.
Original source-file SHA-256:
e31a3c2ad73f736fbcb4d37f06c3170d34345c3c4c8b8bb7bb423357e6e15b27The original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the TREASURY FOIA production dated 2025-09-23; physical pdf pages 1–9 of Israel Purchase 11-01-2023_Redacted.pdf.
Public file SHA-256:
5c077bc09f1c9a2c8fd2767936ca495e6cfb3bad37b09c724c63675890d94561Privacy revision · 2026-09-16. Broker-account identifier on physical page 1 removed from the image and text layer. Matching extracted occurrences removed. PDF metadata cleared. Financial content and original download address retained. Original retained in private release archive; not served by this candidate.
Original public SHA-256:
656c9c35aa9bd99f3878058220a8c73803eacdf71ad0206d815aa42231201f21 - PDFDownload ↓Link to context
Treasury investment policy approved in February 2022 ↗
The 14-page historical Treasury investment policy supplied in the September 2025 production.
Policy approval date shown: February 8, 2022
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
This is the policy version identified by its February 8, 2022 approval date. It provides historical context for Treasury investment administration.
Treasury funds and pension-system assets have separate governance. This file is not the pension proposal, a pension-system policy, or certification of the law or Treasury policy currently in effect.
Verified original file and page locator
- Production
- TREASURY FOIA production, 2025-09-23
- Original filename
- 5-Investment-Policy-clean-2022-02-08-approved-by-SBF-2.pdf
- Locator
- Physical PDF pages 1–14
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
0f140d32f7919c9a353fd91ba8dca85cbdca8499c3fab4c80bc6766842decc25The original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the TREASURY FOIA production dated 2025-09-23; physical pdf pages 1–14 of 5-Investment-Policy-clean-2022-02-08-approved-by-SBF-2.pdf.
Public file SHA-256:
0f140d32f7919c9a353fd91ba8dca85cbdca8499c3fab4c80bc6766842decc25 - PDFDownload ↓Link to context
October 2023 news coverage of Walther’s $10 million purchase announcement ↗
An Arkansas Democrat-Gazette article preserved in a Treasury-produced compilation. It is secondary reporting, not an agency transaction record.
Article date: October 28, 2023
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
The article reports the announced $10 million Treasury investment and its public explanation. Use the separate confirmation and financial records to verify transaction terms and stages.
The original compilation filename includes November 16, 2024; that is not the article’s publication date. The article’s own header identifies October 28, 2023.
Verified original file and page locator
- Production
- TREASURY FOIA production, 2025-09-23
- Original filename
- Israel update 11-16-24.pdf
- Locator
- Physical PDF pages 1–3
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
b301bfe15e61466952c519b13041a367c11e3a1589a4bf73b98e8cf8bf6685c5The original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the TREASURY FOIA production dated 2025-09-23; physical pdf pages 1–3 of Israel update 11-16-24.pdf.
Public file SHA-256:
b301bfe15e61466952c519b13041a367c11e3a1589a4bf73b98e8cf8bf6685c5 - PDFDownload ↓Link to context
ATRS December 2024 request, specificity response and clarification chain ↗
Request and response correspondence in which Mark White asked for a more specific description and supplied investment information.
Correspondence: December 5–10, 2024
Read the historical context
Reviewed summary and selected fields. The PDF contains additional text and administrative material.
In the December 6 reply, White said the request was not sufficiently specific to locate records with reasonable effort. He also said he had created a list of investments directly held by ATRS in Israel-based companies as of November 1 and invited clarification.
This is a bounded response to that request. It is not a blanket statement that ATRS had no records or no investments. The summary does not adjudicate whether the response complied with FOIA.
This readable summary omits requester identity, contact information, quoted repetitions and signatures. The supplied PDF retains the historical correspondence and agency redactions.
Verified original file and page locator
- Production
- ATRS FOIA production, 2025-06-18
- Original filename
- Emails1.pdf
- Locator
- Physical PDF pages 5–10
- Reviewed
- 2026-09-16
Every published page matches the corresponding original page when rendered at 72 dpi. OCR and PDF packaging may differ; the original-file and public-file hashes identify separate artifacts.
Original source-file SHA-256:
873f4438e94a8f6561136e9d4198d63fbe7fd69f7b2a2d8fa13783d383df4fb4The original fingerprint identifies the file checked during source review. The public derivative has its own fingerprint in the download history below.
Provenance and download history
Matched to the ATRS FOIA production dated 2025-06-18; physical pdf pages 5–10 of Emails1.pdf.
Public file SHA-256:
9ea9d80c037741c004785a03a8b3d188d2cbc8ec20d75563bdd931327354d17b
Historical campaign materials
- TEXTDownload ↓Link to context
legislator letter 2026 09 15 ↗
September 15 campaign version, preserved unchanged. Superseded for current outreach by the September 16 manager and pooled-fund proposal.
Provenance and download history
Campaign-authored material, not an agency record.
Public file SHA-256:
1cb33deb155b338876bf6ba88050536df598d8aef2af4eb8c9bb938378e2b8d9 - PDFDownload ↓Link to context
pension investment integrity act brief 2026 09 15 ↗
September 15 campaign version, preserved unchanged. Superseded for current outreach by the September 16 manager and pooled-fund proposal.
Provenance and download history
Campaign-authored material, not an agency record.
Public file SHA-256:
844007d555d4d6a548c7dd196626f43e999f795a95299b25537aed98f302907e - PDFDownload ↓Link to context
Pension Investment Integrity Act: September 16, 2026 brief ↗
September 16 campaign version, preserved unchanged. Use the September 17 version for current outreach.
Provenance and download history
Generated from the September 16 campaign proposal and reviewed public evidence. Campaign material, not an agency record.
Public file SHA-256:
6605aae737be6612cbb081ecd21fafbab9153fb8ee30e48b2f3d45743f80e94b - TEXTDownload ↓Link to context
Legislator letter: September 16, 2026 ↗
September 16 campaign version, preserved unchanged. Use the September 17 version for current outreach.
Provenance and download history
Generated from the September 16 campaign proposal and reviewed public evidence. Campaign material, not an agency record.
Public file SHA-256:
08317963ca6bf9e0dc367f7adb6f8d12ffadec18fbbe30471791b0b7f85b7f12
Campaign material
- PDFDownload ↓Link to context
pension investment integrity act brief 2026 07 16 ↗
Historical July 16 evidence snapshot; superseded for current campaign use.
Provenance and download history
Campaign-authored material, not an agency record.
Public file SHA-256:
630adc36267d789b4e2c8f9a4d6fcc1aa4b50f31ae279ab773923323b7aa1b50
Current campaign materials
- PDFDownload ↓Link to context
Pension Investment Integrity Act: September 17, 2026 brief ↗
The five safeguards and how they would apply to outside managers and shared funds. A proposal for the 2027 legislative session.
Provenance and download history
Campaign-authored explanation of the proposal, using reviewed public evidence.
Public file SHA-256:
80d679ac3f9fb1f14b91f31418cd344e6402ae2645a0b55b2213fc84b74f553b - TEXTDownload ↓Link to context
Legislator letter: September 17, 2026 ↗
The five safeguards and how they would apply to outside managers and shared funds. A proposal for the 2027 legislative session.
Provenance and download history
Campaign-authored explanation of the proposal, using reviewed public evidence.
Public file SHA-256:
5fba6cfab96d7c8b377b72df2bbf189b8fa508a7b1a4c2f329d74fe9e87f6365