Board approves claims totaling $22.94 million, including large bond transfers
Get AI-powered insights, summaries, and transcripts
Subscribe
Summary
Controller's office presented claims totaling $22,940,830.51; staff said much of the total reflects transfers and bond payments, including over $8.1 million dispersed to paying agents.
The Lafayette board approved claims totaling $22,940,830.51 after the controller's office reviewed and recommended payment; staff said much of the total represents transfers and bond payments.
City Controller Jeremy Deal presented the claims package and asked the board to approve claims totaling $22,940,830.51. A board member reminded attendees that large-sum line items can reflect transfers between accounts; staff confirmed more than $8.1 million were dispersals to paying agents to pay bonds, which appear in the claims group.
The board approved the claims by motion and voice vote; the transcript records ayes with no recorded opposition. The transcript does not include a detailed claims ledger in the meeting record but staff described the high-dollar items as account transfers and bond payments rather than ordinary operating disbursements.