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Governing board approves June finance reports, accepts $1.4 million in forfeitures and clears several retirements

July 28, 2025 | Oklahoma County, Oklahoma


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Governing board approves June finance reports, accepts $1.4 million in forfeitures and clears several retirements
The governing board approved minutes and a bundle of finance items at its July 25 meeting, including an interest report showing June interest rising from $16,000 to $243,000 and acceptance of $109,000 in June forfeiture deposits that brought fiscal-year forfeiture receipts to $1.4 million.

Board members approved the consent items by voice vote after motions and seconds; the meeting record shows members responded “Aye” when asked for approval.

The interest report was presented by Stacy, who said, “This is just the interest report for June. And as you can see, it went from 16,000 to 243,000.” The board entered those figures as part of the consent package. The BOK forfeiture report summarized that June deposits totaled $109,000 and that the fiscal-year-to-date forfeiture balance was $1,400,000. The presentation of pension-plan assets for June recorded plan assets of $6,200,000.

Separately, the board approved retirement-related items on the agenda. A motion to approve defined contribution retirement health benefits for a person identified as Sandra carried on voice vote. The board also approved retirement for Steven Stewart; a presenter noted Stewart worked in accounting for 41 years. The board approved retirement for Ramonia Gregory and discussed that she worked in the sheriff’s office and had earlier worked for General Motors. Each retirement action was moved, seconded and approved by voice vote.

There was no public comment during the meeting. During board comments, a member noted the death in June of former retiree Jad Hanner.

All approvals described above were recorded in the meeting transcript as motions followed by a voice vote of “Aye.” No roll-call vote totals or individual roll-call votes were recorded in the transcript excerpt provided.

The board adjourned after the consent and retirement items were approved.

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Scribe from Workplace AI
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