Durham County Board of County Commissioners - April 27, 2026: Durham County's $240M Bonds and Audit Review

The Durham County Board of Commissioners approved $240 million in refunding bonds, heard an external audit that flagged material weaknesses and water and sewer infrastructure concerns, and welcomed a new internal audit director focused on accountability. Commissioners also highlighted school funding advocacy at the General Assembly, support for classified school staff, and community events from free gardening classes to a local 5K for global relief. 18mins

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Original Meeting

Monday, April 27th, 2026
2677.979002
Board of County Commissioners on 2026-04-27 7:00 PM - Regular Session
Neighborhood news guy for Southpoint Access in Durham.
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In This Video
  • Clerk Wallace announced upcoming Cooperative Extension events and classes, highlighted a community report breakfast and free gardening school sessions, and promoted a county media segment featuring the new library director and National County Government Month.
  • Commissioner Wendy Jacobs highlighted a May Day ‘kids over corporations’ gathering at the General Assembly in Raleigh, noted free lunch sites for Durham Public Schools students and families that day, and emphasized concerns about North Carolina’s low teacher pay rankings and ongoing state budget delays.
  • Commissioner Michelle Burton criticized inadequate state funding for public schools while emphasizing the importance of classified school staff, encouraged participation in a Raleigh advocacy event for better funding, and recounted attending a well‑attended Library Fest talk on the Green Book and African American travel during segregation.
  • Commissioner Nida Allam announced that Durham would host the National Young Elected Officials Democracy Protection Policy Academy and invited the community to a Watermelon 5K Family Festival raising funds for Palestinian relief.
  • Deputy Manager Maurice Jones introduced Shirley McFadden as Durham County’s new Internal Audit Director, who described a career focused on stewardship of public resources, and Commissioner Jacobs welcomed the appointment while emphasizing the importance of internal audit for accountability and strong county departments.
  • The Board held a public hearing on a proposed $240 million general obligation refunding bond issue as Clerk Wallace reported the county’s net indebtedness as 1.48% of taxable property value and outlined an estimated $97 million in total interest over the life of the bonds.
  • The Board unanimously adopted the order authorizing issuance of up to $240 million in general obligation refunding bonds and directed the clerk to publish the required notice of adoption.
  • The Board unanimously adopted a resolution providing for the issuance of up to $240 million in Series 2026B general obligation refunding bonds, formally concluding the related public hearing process.
  • LeAnn Bagasala, an external auditor from Mauldin & Jenkins, introduced themself and noted that the firm served as Durham County’s independent auditor for the fiscal year 2025 audit.
  • External auditor LeAnn Bagasala reported that while the county received unmodified opinions on all audits, several material weaknesses were identified and corrected, including issues with federal program reporting, preparation of the schedule of federal expenditures, and eligibility determinations for the TANF program, with corrective action plans put in place.
  • External auditor LeAnn Bagasala reported that the county’s water and sewer asset condition ratio had fallen below 50%, noted that modernization of the water treatment plant and other projects were underway to address it, explained that the audit was submitted after the extended state deadline due to federal delays and internal issues, and emphasized that management had largely corrected related material weaknesses and put corrective action plans in place for state reporting.
  • External auditor LeAnn Bagasala reported that Durham County’s financial policies and estimates appeared reasonable, noted full management cooperation and only one immaterial passed adjustment, confirmed that disclosures were clear and unchanged, and affirmed the firm’s independence from the county.
  • Commissioner Jacobs confirmed with external auditor LeAnn Bagasala that all audit findings had been addressed or were being corrected and thanked the new audit firm for bringing fresh scrutiny to strengthen the county’s financial practices.
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