Town of Clayton Agenda Work Session 2026-06-01
Davenport Reviews Clayton Debt Affordability & CIP
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Description
The Town of Clayton will receive a presentation from Davenport on debt affordability and capital improvement program funding, covering a $148 million five‑year CIP and planned issuance of $65.8 million in new debt. The work session item reflects Davenport’s ongoing role as financial advisor, though no specific contract amount or term is stated.
Contract Details
Vendor
DAVENPORT
Agency
Town of Clayton, NC
Contract Type
FINANCIAL_SERVICES
Document Date
May 30, 2026
Contract Term
FY 2027–FY 2031 (analysis covers 5-year CIP)
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