music Good morning everybody. It is 9.01 and I would like to welcome everybody to the Lexington Fayette Urban County Government Police and Fire Retirement Fund for May 14, 2025. Looks like the first item on our agenda is a report from Callen. We have Mr. Jackson and Mr. O'Connor present. Welcome. Good morning all. Certainly turbulent times that we have in the market so we're going to spend a few moments going through the capital market review then we're going to touch on the portfolio again. The events of the first quarter preceded Liberation Day in April and the rebound. Certainly we've seen some good news coming out of the markets in May as a lot of these pronouncements have been modified. I'd just like to spend a moment and pick up what we're going to do today. We're going to talk about the capital markets and the performance of the fund. Later on we're going to meet with the subcommittee to do phase one. It's a two phase project. We're going to meet with the subcommittee and talk about the asset liabilities. We're going to begin with the asset study, talk about the fundamentals, some asset classes to be included or considered. And then at a later date we are going to go in and finalize the preliminary asset mixes to see what alternatives if any will be recommended to the board in August. I'd also like to do in that second meeting is to do an analysis of the non-U.S. equity structure. At that point in time our intention is to come back in August with any changes that we would recommend with respect to the structure of international or the managers within that sleeve. Okay. With that let's page one is the one page tear sheet that kind of summarizes the fund. Jim O'Connor is going to go through that information and I'm going to cover the capital markets to begin with. So let's move forward. Okay on page two this is a busy table but I'm going to spend a moment or two talking about what we've seen. So the hopes with the new administration was that it was going to be less regulation, more pro-growth strategies, inflation containment. The pronouncements have caught the markets and a lot of folks supporters off guard in terms of what it exactly means, what is the endgame. On liberation day we saw a pronouncement of a significant tariff position. What is unclear is what the endgame is. Is it a negotiating strategy to level the playing field on some inequities that existed with respect to the U.S. competing in the world markets or is it to reduce the reliance on non-U.S. production and bring them more home or is it a combination of the two. And suffice to say that if it's the manufacturing and to increase short term revenues that's kind of a long term play with respect to manufacturing how that would take hold. If it is a bargaining strategy that's a little more immediate but again it's very much a widespread strategy. So how do the markets respond? You know the notion of embracing the tariff structure rattled the markets even in the first quarter. We saw the S&P 500 was down 4.3%. Now this is coming off a two year period or a two year stretch where in 2023 S&P 500 was up 26.3% and in 2024 it was up 25%. So we had two consecutive years that really bumper years for the U.S. equity markets. And now we saw that certainly there's a give back. In April markets were pretty flattish. The S&P 500 was down .7%. So let's call that flat given the prior quarter. And then in May this is kind of like through Monday the markets were up the S&P 500 was up about 5.2%. So again we saw a lot of the negative performance in the first quarter and in April being clawed back thus far in May. So again it's data dependent. Certainly the confusion is shared by the fed in terms of they've got a dual mandate. They're concerned about their dual mandate is full employment and stability of prices. So the concern is that the fundamentals seem to be there. Consumer sentiment which drives 70% of GDP is ranked pretty lowly. So those are not hard economics but softer data that kind of is a precursor of just anxiety and if there's one thing the market detests it's uncertainty. So we've got a lot of volatility taking place in the market and we don't see that changing until there is a greater clarity in terms of what the path forward is going to be. So what is the concern from the fed? The fed cuts rates and that may spur inflation which is again they've been trying to contain inflation it's down to 2.4% in the first quarter. Then if they increase rates to make sure that inflation stayed off because the idea is that tariffs in the short term are pro-inflationary that if they do that that is going to stall the productivity in the market. So again we have the stagnant growth with inflation. So again they're standing on the sidelines they're standing pat. The fed has met most recently in May and again held rates. So they've held rates steady. Expectation is still about half of the respondents to the poll that's taken from the federal open market committee members are saying that there may not be a move for the upcoming year or through the end of the year and others are saying that it could be one or two moves but it'll be at the latter part of the year. So that kind of gives you some sense. How do the markets respond? We saw again the S&P 500 down 4.3%. Small cap stocks the Russell 2000 hit very hard down 9.5%. So again small cap stocks are more sensitive economically. They've got a single product. Their supply chains and their lines for lending are a little more constrained. But suffice to say what we said May the large cap markets came back in May the Russell 2000 is up about 6.6% to date. So again we've seen a bounce there. Beneficiary of what's been taking place on the tariff front the non-US equities have performed well. Here it's labeled the world ex-US that's again non-US equities was up 6.2%. So faring well in this type of market in April it was up 1.9%. Fixed income again another beneficiary where we see the rates or the return for the Bloomberg aggregate which is a very broad benchmark was up 2.8%. For the one year up about 4.9%. So again one of the takeaways that's going to be mentioned in the asset liability study is fixed income is no longer just a diversification play but it's actually contributing to the overall return given where the yields stand. Real estate again increase is the private real estate index up 1.3% up 2.7% for the year again. The idea here is the private real estate continues to rebound from the trough that it was in. We see over the last three years it's returned about negative 2%. The other real estate index is the NAIT REIT equity index that is a REIT that's a publicly traded stock index. So again that's more in line with what you would see in small cap stocks. So with that let's move forward. This is the Callen quilt and again what I would say here is that if you look year to date this is the first quarter the far right column that beige is developed non-US equity. So again as you kind of scan across you see this is the first time on this chart that we've seen non-US equities leading the US equities or fixed income. Turning to the summary of the economy again what we've seen is the slowing growth. The top left quadrant you see the GDP which is a measure of the overall production of the economy was down 0.3% in the first quarter. To the right inflation year over year showing that it's somewhat contained at 2.4%. And I guess what I would also highlight is the bottom right hand side the historical 10 year treasury yields. As you can imagine in an environment where there is uncertainty you're going to see investors flock towards their safe haven would be US treasuries. And again as we see the 10 year yield up about 4.2%. That is up considerably in the first as the prior periods. All right let's move forward to page seven. Page seven this is a graph showing the market corrections events that have taken place. And you'll see the most dramatic obviously is the blue to the left side with that sharp plummet. And of course that would be COVID. But you look at the this is showing information through 430. So again this is updated through April. When you look at the orange blip you see that that line goes down certainly a dramatic increase. And then you see how it is perked up in both April and then furthermore when we see we're going to see better returns in May. But the idea here is what do you do in a correction type event. Your portfolio is diversified. And the idea here is that you've got a long term projection in terms of how those allocations are going to work out or the projected return over a 10 year period. Right now it's at about 7.12% for the next decade. That's the projection. Interim periods we're going to see corrections and bouts of volatility. Our time trusted strategy is to remain to your strategic allocation rebalance dutifully following your practice and stay the course. So what happens is you can see some of these rebounds are pretty dramatic and as a result of that getting out of the market and getting back into the market you just miss out on those rebound opportunities. So again our counsel to institutional investors is create a target allocation that you're comfortable with. The modeling that we do certainly is a 10 year forecast that incorporates down market activity. So stay the course is the take away. So what happened in the first quarter we did see a leadership change where we saw the magnificent 7 that had been driving the market considerably underperformed significantly. And as a result of that we see the growth value stocks. So the growth categories that were primarily affected consumer discretionary on the bottom. Consumer discretionary at the bottom down about 14%. Included in there is Tesla which was down 36% and information technology which was down 12.7%. In there you've got Microsoft which was down 11%. Apple down 11%. NVIDIA down 19%. So again one could argue that the returns for the past two years in the equity markets were priced for perfection and any bump or disruption of the market tends to impact those high flyers most significantly. Turning to our non-U.S. stocks. Here we see that the developed markets non-U.S. was up 6.9% and Acquiax U.S. when you take into account emerging markets plus developed was up 5.2% ahead of U.S. equities. Over the one year period you can see that the Acquiax U.S. was up about 6% as I said earlier. And with respect to emerging markets which was up 8%. China was up about 40%. So again strong performance by China 15% in the quarter 40% in the year. India which represents about 20% of the index was up only 1.8% for the one year period. Fixed income markets what worked what didn't. Treasuries were attractive. So the aggregate which is the broad investment grade index largely united U.S. fixed income was up 4.9%. Treasuries were up 4.5% of that. So again the takeaway there is treasuries performed well. With respect to high yield if we look at the one year period we see high yield was up about 7.7%. So strong performance from the non-investment grade and the higher quality non-investment grade performed better. So I'll take a pause there before I turn it over to Tim or Jim and answer any questions that you might have. Any questions for John? Thank you very much. Thank you. Welcome Jim. Good morning everyone. I'm going to keep things moving along here. Let me just get situated with all my papers. I'm going to jump ahead to slide 11 here. So this is where we review the asset allocation versus the policy target. So this is ending March 31st, 2025. So kind of ancient history at this point but important to monitor and review with the board. So kind of going down the list here. Domestic equity was overweight its long term target. This has been one of the, despite last quarters returns, been one of the better performing asset classes. So it has exceeded its target but continues to be a source to pay for benefits. So been working with staff to rebalance and use the proceeds from there. Non-U.S. equity down relative to its long term target about 1.4%. And you can see the dollar figures are on the far right, what that translates to. Domestic fixed income more or less in line with its long term target up just a little bit, 0.5%. Real estate and real assets both slightly below their long term target. From a real estate perspective again we've got the redemptions going on with J.P. Morgan and the funding of the new LaSalle property fund which you'll see in next quarter's report. They had their first capital call so bringing that more towards the long term target of 9% is in the works. And then cash is a little bit higher. We have a 0% long term target but some of the redemption payments that have been coming in from J.P. Morgan have been parked there for the moment and will be deployed into the new real estate manager and perhaps be used to pay benefits depending on market activity. So with that said I'm going to jump to slide 12. This is our cash flow statement. I like to read this right to left starting in the bottom right corner. So at the end of last year the value of the total fund stood at about $974.8 million. Working left to the next column you can see we have the investment returns of each composite and the underlying managers. As John mentioned domestic equity with the S&P down about 4% and the Russell 2000 index which is small cap. U.S. equity was down about 9.5%. You can see those managers finished in the red. The one exception being Dodge and Cox. Large cap value was actually one of the bright spots in the U.S. equity market up about 2%. International equity depending on what region you were in were up anywhere from 3 to 6% so we see positive results there. Domestic fixed income also positive results. The aggregate was up about 2.8%. Real estate also up as well as real assets and cash had a modest yield of about 1% if you look at T-bills. So all in all investment returns were down about 6.4 million. The net new investment column on the left there that kind of tracks cash flows coming in and out of the plan and within the plan on a net basis was down about 5.3 million. So you take that all into account and you have a finish and you finish the quarter. The total fund finished the quarter at about 963 million. Any questions about the asset allocation or cash flows? No questions? All right. Okay. I'm just going to spend a couple of minutes on this slide. I think maybe the greater picture is going to be on the next slide but what I'll say here is we have the performance of the total fund at the very bottom which we'll get to in just a minute. Without bearing the lead though the fund was down this quarter about .5, .6% but did manage to outperform its benchmark which was down about .7% so about 10 basis points of outperformance. And you can see the trailing performance of the fund and the target there. This is on a gross of fee basis of course. And then we also plot the performance of the underlying composites, asset class composites versus their benchmarks as well. But in the interest of time maybe we'll just turn to page 14 and go over the total fund performance. So as I mentioned last quarter outperformed by about 10 basis points and ranked in the 75th percentile of Callen's public fund sponsor database. So this is our largest, broadest database for public plan sponsors just like yourself, public funds just like yourself. Over the last year the fund outperformed its benchmark as well up close to 5% and ranked in the 69th percentile. And over the last three years ranking in the 78th percentile and also outperforming its benchmark. Some of the peer rankings that you see a little bit lower over the near term that has a lot to do with calendar year 2022 which we'll get to on the next page. But overall really strong performance over the long term for the fund. Ranking near the median over the five year period. Top quartile over the ten year and in the second percentile over a very long period which is 25 years. And the one thing I would just note here is over the 10 and 25 years, I know it's a very long period of time, but you could see the return of the total fund was exceeded the 7% target. So we have about 7.5% and a 7.25% over those time periods on a gross fee basis. On the next slide, so we looked at the periodic returns. Now let's look at the calendar year returns. So I mentioned in 2022 when we saw correlations become pretty tight with asset classes. Everything was really down during that period. So the policy target was down about 13% and the total fund was down about 16%. So that plays into the three and five year performance numbers. But looking at the calendar year returns I think is just another lens of long term performance and you can see the different periods and how well the fund has done over the trailing ten years. So overall I think pretty good performance when you add it all together. Really just one spot in 2022 where it did trail benchmark in peers. But outperforming eight of the last nine calendar years. On 16 we have the performance of the managers. I understand this is kind of a busy slide but just want to touch on the highlights here for this quarter and weave in some comments longer term. So starting at the top domestic equity, working its way down to international equity, domestic fixed income, and then real assets and cash. So you have 12 managers. 11 of them are actively managed strategies. So those are going to be managers that are looking to outperform the benchmark over the long term. Nine of your 11 active managers outperform their benchmarks this quarter. Every domestic equity and every domestic fixed income manager that the fund employs outperform their benchmarks. Dodge and Cox as I mentioned with value being one of the bright spots in the U.S. equity market outperformed its benchmark driven by stock selection in industrials and health care. Jenison despite large cap growth being down outperformed in the quarter provided some strong stock selection in communication services and consumer discretionary sectors which John mentioned were pretty challenged this quarter. So nice to see them outperform. Newberger Berman which is your small cap manager also provided strong downside protection and outperformed every sector in the small cap market except utilities was in the red. So they had some really strong specific stock selection in industrials and consumer discretionary. Acadian moving to non-U.S. equity kind of keep going down the list. Acadian which is the value component of the non-U.S. composite outperformed. Capital Group which has a growth bias which is your emerging markets manager also outperformed. And Bailey Gifford which is the third member of the non-U.S. equity composite underperformed this quarter due to stock selection within IT and consumer discretionary. Shifting to domestic fixed income I mentioned that the three managers that you have here, two are considered core, kind of core plus managers. So mostly investing in higher quality treasuries and investment grade credit. Siegel, Bryant, Hamill, and Optimum modestly outperformed as well. This has a pretty large treasury allocation so that's really your anchor in this portfolio. Treasuries did quite well so nice to see them outperform the aggregate index. And then lastly Mackay Shields which is your dedicated high yield manager tend to invest in below investment grade credit outperformed as well despite the sort of future of sort of equities and high yield and how they would perform with the market environment and tariffs that are potentially on the horizon for a lot of these domestically based companies. And then just to wrap up, J.P. Morgan slightly up against it's benchmark. Nice to see them outperform. They had a really strong trailing year up about 5% with the benchmark up about 1.5%. Quick update on the other manager within the composite. I know it's not listed here but the LaSalle property fund as you may recall committed $7 million to that strategy. $5.5 million to the other manager within the composite. As you may recall committed $7 million to that strategy. $5.6 million of that was called and invested in May so we will see that show up in our cash flow statements likely next quarter and we can give a performance update on how that performed even though it was a partial quarter. And there are follow on commitments as I mentioned bringing that long term target in line with it's, I'm sorry bringing the allocation in line with it's long term target. So there are follow on commitments that were made. It's unclear exactly when those will be called. The next capital call will be in July and the magnitude of that will be known at a future period. But again working with LaSalle, the staff here to get that funded thank you to them. I know that was a little bit of a challenge to get set up on the custodian platform but thank you for all your work there. So I will pause there. I know I threw a lot at you all. That kind of concluded my prepared remarks. Happy to field any questions about the total fund or manager performance or whatever it may be. All right. Any questions? All right. Okay great. Thank you everyone. Thank you all very much for your presentation. All right. Next on the agenda is the treasurer's report. Mr. Hancock. Good morning. You should have in your packet the various financial statements including the fund reconciliation as well as the activity for the checking account and the various fiduciary assets compared February to March. The value of the plan as of yesterday morning was 982 million 890 thousand 992 dollars and 23 cents which compares to last month of 933 million 386 thousand 609 dollars and 92 cents. Thank you very much. Do we have a motion? Motion to accept the report and approve the transfer letter. Motion and a second. Any discussion? All those in favor? All right. Any opposed? Motion carries. Thank you. All right. Next item on the agenda is the minutes for April. Can I have a motion? All right. Any discussion? Tommy. I'm aware of that. He chaired the meeting so I'll add chaired. Yes. That change will be added. All right. So with the correction do we have a is anyone in all those in favor about that? Anyone opposed? All right. Very good. Thank you. All right. And then next is new business and we'll turn that over to Susan. Thanks chief. Item number one on new business is widow's annuities for Trudy Roberts and Linda Wiley. I need a motion to approve. Second. Any discussion? All those in favor? Any opposed? All right. Thank you. Tommy, will you use your mic please? I've got it. He's hot now. He's hot now. Okay. Thank you. Item number two is child's annuities for Devin R. Gales and Emma Roberts. I need a motion to approve. So moved. Second. Any discussion? All those in favor? Any opposed? Thank you. Item number three is ghost time purchase from Michael Jordan. I need a motion to approve. Second. Any discussion? All those in favor? Any opposed? All right. Item number four Steve Buxton. He's requesting a re-hearing for a date of June 11th, 2025. I need a motion to set that on the agenda. Do we have a motion? I have some discussion that might lead to a motion. Do I have to make the motion first? Make a motion first. So moved. Second. All right. Discussion? After viewing Firefighter Buxton's appeal in our packet, I mean there's a great deal of merit for the reasons why he wants to do this. I guess I have a couple of questions and we'll get this on the record probably. My understanding is that heart and lung are presumptive. And in this particular matter that's what he's looking at. So the word presumptive means that we may not need a percentage. Maybe I've got the wrong interpretation of presumptive. Well on Mr. Buxton, his date of injury reported was after the 2013 date. So his minimum disability rating would be 50%. And the whole body impairment rating needs to be an average of 20 or higher to get the 60%. So Mr. Buxton is arguing he should get 60% and not 50. Correct. Okay. And then that would be because one of the doctors missed a percentage or didn't put a percentage to one of his conditions. He chose not to. So Mr. Buxton knows he's going to have to depose that particular physician to see if he will add a rating for what he, if the rating should be changed. I think that clarifies a few things. My motion stands. Okay. Do we have a second? Second. Very good. Any further discussion? Motion carries. Thank you. Item number five is disbursements for May. They're listed on your agenda. I need a motion to approve. So moved. Second. Okay. Any discussion? All those in favor? Any opposed? Thank you. Next on the agenda are service retirements. We have Sergeant Anthony Bottoms, Division of Police. I need a motion to approve. So moved. Second. All right. Any discussion? All those in favor? Any opposed? Thank you. Next on the agenda are disabilities. We have Eric Chumley, Division of Police. Medical reports are completed and distributed. I need a motion please. All right. Second. Any discussion? All those in favor? Any opposed? Carries. Thank you. Next is James Cropper, Division of Fire. Medical reports are completed and distributed. I need a motion. Who seconded it? I'm sorry. Thank you, Matt. All right. Any discussion? All those in favor? Any opposed? Carries. Thank you. Next on the agenda is Greg Lingle, Division of Fire. Medical reports are completed and distributed. I need a motion please. So moved that we approve. Second. Any discussion? All those in favor? Any opposed? Thank you. Next is Jamie Tinsley, Division of Fire. Medical reports are completed and distributed. I need a motion please. I move that we send Jamie Tinsley to a third doctor. Second. All right. Any further discussion? All those in favor? Any opposed? All right. Motion carries. Thank you. Next on the agenda is Dustin Dunn, Division of Fire. Third medical report is completed and distributed. I need a motion please. I move that we approve. Second. Any discussion? All those in favor? Any opposed? All right. Carries. Thank you. Jacob Webster, Division of Police. Application for total and permanent occupational disability. I need a motion to send to appropriate doctors. Motion to send to the appropriate doctor. Second. All right. Any discussion? All those in favor? Any opposed? Motion carries. Thank you. Next on the agenda are tributes. Jason Roberts, Division of Fire. Passed away on April 8th, 2025. Devin Gales, Division of Police. Passed away on April 11th, 2025. Robert Wiley, Division of Police. Passed away on April 15th, 2025. Thank you. I'd like to pause there and due to the number of retirements and those that we lost and ask if anybody has any comments. Commissioner Armstrong. Well, first and foremost, on the behalf of the mayor and Chief Weathers who couldn't be here today and all of public safety, I just want to pass along my condolences to the Roberts, Gales and Wiley families for their loss. Every time someone passes away that's a member of our family, and we do take it pretty hard. I knew Devin pretty well, to be honest with you, and it was kind of unexpected. So I know those officers over in East Sector will miss him. But these other individuals, they gave a portion of their life to the city of Lexington and we just want to thank them for the time that they spent here. They'll always be a part of our family and your family will be part of ours as well. So I just want to thank them on behalf of all of us. And also we have a couple of one service retirement and some disabilities. Those same sentiments goes to those officers and firefighters for their dedication to the city of Lexington and making it what it is today. Thank you, Chief. Thank you, sir. Other comments? Tommy. My sentiments exactly as the commissioner said. I never had to. I didn't know Jason Roberts because he didn't have a vision of fire, but he was part of our family and he will be missed. Devin Gates, I never had the pleasure to work with him. He was always on a different shift, but we would meet at ending roll call or and so forth, the beginning. And he was always a very jolly, fun loving individual. Barry Wiley. Barry came on in January of 73. I came on in December of 73. Barry and me just kept in and out over our careers. We would meet. We worked in patrol starting out and then he went into the detective bureau and started going up in rank and I did work for him as a lieutenant for a short time and all that. But Barry was very easy to get along with, very relaxed individual, good officer. He will be missed. Any other comments? Sir, I had the opportunity and the pleasure of working with Devin Gales the first four years of my career here for the department about one night a week. He was a fixture on third shift in the sector and he will be missed. His leadership will be missed. His mentorship will be missed. I believe he was one of the most senior members on the shift, if not the most at the time of his passing. So he will certainly leave a hole there in the family. So we stand with his family and we appreciate his service and he will be remembered and honored. Thank you. I'd just like to add my comments as well. First, as far as the retirements, we want to thank all those individuals for their service. I know we have a firefighter down here with us today. I want to make sure to offer our thank you to him for his service. As far as the tributes, any time that there is an individual that passes away while they're still working, it's a huge hit to the organizations. I know that Officer Gales' loss will be felt very deeply. We also want to extend our condolences to the Wiley family. Regarding Firefighter Roberts, he served with us from 2001 to 2011 and ultimately had to leave on a disability. When he left, he was serving on Engine 9 and ultimately passed away in an untimely fashion. But we are grateful for their service and the dedication that they and their families have shown. Thank you all very much. Now it's time for subcommittee reports. Continuation of Benefits Subcommittee. Mr. Puckett. No complaints. It's always a good thing. Legislative Subcommittee. Also yours. We have a meeting Friday at 9 a.m. Thank you, sir. Lieutenant Abel, Organizational Subcommittee. Yes, sir. I don't get my textbook answer today. We actually have a meeting following this meeting at 10 a.m. Very good. Thank you. Anything else for the good of the whole? Thanks, Chief. Thank you, Mr. Chairman. As of today, inflation for April was 2.3%. And again, I'll remind this board that that means that every single retiree lost buying power. There is some activity in the Legislative Subcommittee to perhaps do something that would assist our retirees. Thank you. Thank you very much. Anything else? Do we have a motion to adjourn? We are adjourned. Thank you all very much. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. This is the Senior Minute. Successfully serving seniors. Welcome to another episode of the Senior Service Commission's The Senior Minute. My name is Martin Rivers, and today we have with us Captain Seth Lockard of the Community Medicine Program. Welcome, Captain Lockard. Thanks for having me. I guess just to start with, can you tell me a little bit about yourself? Sure. I'm a paramedic, and been a great career thus far. I'm a paramedic trained, and since 2017 I've been working in our Community Paramedicine Program. Very good. What is the paramedicine program? Sure. It is an alternative response model. Generally speaking, when you call 911, you get an ambulance show up, a fire engine maybe show up, whatever that emergency situation, whatever that emergency is. We can show up after that fact, maybe a day or two or a week later, kind of all that depends on the scenario, and start engaging with you about why you're calling 911. We started in 2017 with a grant from the Assistance to Firefighters Grant Program, which is administered by the federal government. Our organization was looking at our high utilizers, people that are calling 911 for what you and I would think of as not really important reasons or not really emergent. It's an emergency to them, so we don't define what an emergency is, and an individual defines their own emergency. But these are people calling maybe to get prescriptions refilled, where you would normally use your primary care doctor We didn't know what we didn't know, so we started looking at our data and started doing a dive into it. In 2013, our ambulance has made 33,500 EMS calls, but by 2017, that number had ballooned to 48,238. So we were growing between 8 and 10 percent. So the whole purpose of the program starting off was to start working with our high utilizers, individuals that are calling, and see if we can't navigate them to more appropriate health care choices, making sure that they had access to a primary care doctor. If they needed a specialist, maybe a cardiologist, a pulmonologist, an endocrinologist, maybe help them connect the dots to get into those individuals. If they had a doctor, but they weren't getting their medicines, what was the barrier? I don't think a lot of people realize there are pharmacies in Lexington that deliver medicines to your home, which if you're a homebound individual, being able to get to the pharmacy to pick up your medicine is a barrier. Heck, my insurance company mails my medicines to me every three months, so I don't even have to worry about leaving the home to get my medicine. So there are solutions to reduce some of those barriers. We have evolved. As I said, we started in 2017, and there were two of us, me and a gentleman by the name of Patrick Branham. I had no idea what we were getting into, and in the summer of 2018, I met a professor of social work at the College of Social Work at the University of Kentucky. She was telling me what all we were doing, and she's like, it sounds like you're doing a lot of social work. You all should become a practicum site. So we actually became a practicum site, and you generally take a student or two every year in their master's program. We've evolved since 2017 and 2018. We got a grant, and one of the things that we have evolved in doing is our team follows up on the protests that happened in Lexington. From that starting of 2018, we're now up to 12 people. Our team is comprised of five firefighter paramedics from the city of Lexington. There are one detective from the police officer, and the question often comes up is, why do you have a police officer? I'll come back to that. We have two social workers. We have two individuals that work as overdose outreach coordinators. We have a peer support specialist that somebody's got lived experience. That can either be lived experience in behavioral health, mental health issues, or substance use. And we just hired a couple of months ago an LPCA that's going to be starting our crisis response team. We're teaming him up with the police officer to take behavioral health calls. Back to the police officer. We have a police officer on the team because we end up meeting a lot of vulnerable individuals in our community. It could be anybody that's unhoused, experiencing homelessness, to individuals that are elderly, senior, that don't have a job.