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Takara board approves financials, holds older payables and signs small contract fixes
Summary
The Takara board approved December and January financials, discussed about $52,000 in 91-plus-day payables (including invoices tied to PC Trans/HBSS and an MDOT reimbursement), and approved an administrative correction to a claims-administrator contract.
The Takara board reviewed and approved the agency’s December and January financial statements and addressed several aged payables and a minor contract amendment on Feb. 17, 2026.
Staff noted roughly $52,000 in items aged 91 days and over and identified two principal causes: a full-year invoice from HBSS Connect Corp. (the parent company of PC Trans) that staff expected to be a six-month bill, and a reimbursement due to MDOT that staff will not pay until MDOT…
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