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City Auditor: Port Allen not in compliance with bond account

3 years 5 months 1 week ago April 16, 2013 Apr 16, 2013 Tuesday, April 16 2013 April 16, 2013 5:48 PM in News
Source: WBRZ
By: Chris Nakamoto

PORT ALLEN - Concern is growing in Port Allen among city leaders over a compliance issue with bond accounts.

An audit conducted for the city last year, indicated the city needed to set up what's called a "sinking fund."  The account would be used to pay off bond debts.

News 2 has learned Chief Financial Officer Audrey McCain asked the mayor to approve it to get into compliance earlier this month.  However, ten days later the mayor indicated she was not going to sign off on it.

People familiar with the issue said this could open up Port Allen to a lawsuit.  It is causing serious concern for council members like Hugh Riviere.

"Why the mayor has chosen to do this, I don't know, especially while she's under investigation," Riviere said.

The mayor could not be reached for comment.  However, a series of News 2 investigations have highlighted possible wrongdoing.

Mayor Deedy Slaughter raised her salary $20,000 without council approval.  She also took a taxpayer funded trip to Washington D.C. with no record of any city business being conducted.  She also appointed her brother-in-law as her Chief of Staff after he paid for that trip, but she submitted his receipts for the expenses for reimbursement.

"Again, another decision she's making on her own and actions she's trying to carry out without any input from anyone else," Riviere said.

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