Bond Commission public meetings in 2020
19 substantive meetings from 2020, with official agendas or minutes and plain-English summaries.
Bond Commission
The State Bond Commission is reviewing numerous requests for local millage and sales tax levies across Louisiana. The agenda also includes final approvals for large-scale bond refundings, including $215 million for New Orleans sewerage services.
- New Orleans Sewerage and Water Board: $215,000,000 Sewerage Service Revenue Refunding Bonds
- State of Louisiana: $210,000,000 Highway Improvement Revenue Refunding Bonds
- St. Tammany Parish Recreation District 14: up to $10,200,000 in General Obligation Bonds
- American Biocarbon CT, LLC Project: up to $60,000,000 in Revenue Bonds for a biorefinery
- East Baton Rouge Parish School Board: up to $35,000,000 in Revenue Anticipation Notes
Bond Commission
The State Bond Commission is meeting to review several bond proposals, including tax levies for fire protection and water systems in Cameron Parish. The agenda also includes final approvals for school bond refundings, housing revenue bonds, and lines of credit for state and local projects.
- Proposed 10-mill tax for Cameron Parish Mosquito Abatement District No. 1
- $10,000,000 Escrow Fund Loan for Orleans Parish Audubon Commission
- $7,750,000 Limited Tax Revenue Bonds for Caddo-Bossier Parishes Port Commission
- $27,000,000 Taxable Sales Tax Refunding Bonds for St. Tammany Parish Council
- Authorization of $104,458,500 in General Obligation Bonds for State projects
Bond Commission
The Commission is reviewing multiple bond requests for local political subdivisions, state agencies, and corporations. Items include cash flow borrowings, water and sewer revenue bonds, school district refunding, and multifamily housing developments.
- St. Tammany Parish Fire Protection District No. 9: $75,000 in Limited Tax Certificates
- East Baton Rouge Parish, St. George Fire Protection District No. 2: $4,500,000 in Revenue Anticipation Notes
- Calcasieu Parish Waterworks District No. 10, Ward 7: $3,556,000 in Water Revenue Bonds
- Louisiana Housing Corporation multifamily housing projects in Hammond, Lafayette, and New Orleans
- State of Louisiana Gasoline and Fuels Tax Bonds: increasing principal amount up to $575,000,000
Bond Commission
The Ad Hoc Election Subcommittee is reviewing several proposed millage and sales tax requests for the December 5, 2020 election. The body is discussing funding for fire protection, waste disposal, senior services, drainage, waterworks, libraries, roads, and emergency communications.
- Bienville Parish Fire Protection District No. 6: 7.0 mills tax for equipment and facilities
- LaSalle Parish Police Jury: 1/2% sales tax for solid waste collection and disposal
- Madison Parish Police Jury: 1.0 mill tax for senior citizen services and the Madison Voluntary Council on Aging
- St. Mary Parish Consolidated Gravity Drainage District No. 2A: 7.30 mills tax for flood protection
- Richland Parish School Board: Status report on General Obligation Bonds not exceeding $12,000,000
Bond Commission
The State Bond Commission met to review various local government proposals for the December 2020 and March 2021 elections. The agenda includes numerous millage, sales, and parcel fee requests for fire protection, school systems, drainage, and public safety across multiple Louisiana parishes.
- City of Crowley: 5.0% Hotel Occupancy Tax for tourism and infrastructure
- Richland Parish School Board: Up to $12,000,000 in General Obligation Bonds
- East Baton Rouge Parish: Various parcel fees for crime prevention districts
- New Orleans: 2.619 mills tax for roads, bridges, and public safety
- West Feliciana Parish Council: Amendments to the Home Rule Charter regarding board terms
Bond Commission
The Commission is deciding on various bond issuances, revenue notes, and loans for local government units and state agencies. The meeting includes reviews of proposed sales tax elections and COVID-19 emergency financing.
- Ascension Parish School Board: General Obligation Refunding Bonds not exceeding $57,500,000
- Louisiana Housing Corporation: Multifamily Housing Revenue Bonds for projects in Denham Springs ($14M), Baton Rouge ($12.1M), and Donaldsonville ($8M)
- St. Landry Parish Council: COVID-19 emergency Revenue Notes not exceeding $5,000,000
- Village of Grayson and Village of South Mansfield: Proposed 1% sales taxes for 10 years
- West Feliciana Parish Council: Revenue Bonds not exceeding $4,500,000 for roads and bridges
Bond Commission
The Louisiana State Bond Commission is meeting to consider dozens of bond approvals and refinancings for local governments, school boards, and state agencies. The largest single item is a $97 million refinancing note for Orleans Parish Hospital Service District A. The commission will also vote on $352.9 million in state project lines of credit and $151.6 million for local government projects under the capital outlay act.
- Orleans Parish Hospital Service District A: $97,000,000 refinancing note at up to 3.75% over 25 years
- Plaquemines Parish Council: $75,000,000 revenue refunding bonds at up to 5%
- Ouachita Parish Police Jury: $5,000,000 in certificates of indebtedness for current expenses
- Louisiana Housing Corporation: $35,000,000 for Sherwood Oaks 272-unit multifamily facility in Baton Rouge
- State projects line of credit: $352,967,180 for Priority 1 capital outlay projects
Bond Commission
The Ad Hoc Election Subcommittee of the State Bond Commission will consider two proposed special districts for Orleans Parish to appear on the November 3, 2020 ballot. The Lake Vista Crime Prevention District would impose a $200 parcel fee for four years (2021-2024) to promote security. The Broadmoor Neighborhood Improvement District would impose a $100 parcel fee for five years (2021-2025) for quality of life and beautification initiatives. The subcommittee will also approve minutes from the June 17 meeting.
- L20-247: Lake Vista Crime Prevention District – $200 parcel fee, 4 years (2021-2024), for security
- L20-248: Broadmoor Neighborhood Improvement District – $100 parcel fee, 5 years (2021-2025), for quality of life and beautification
Bond Commission
The State Bond Commission is reviewing multiple requests for revenue notes, bonds, and loans for local parishes and state agencies. Key discussions include COVID-19 emergency financing and large-scale infrastructure refunding.
- Up to $200 million in Hospital Revenue Bonds for Louisiana Children's Medical Center Project
- Up to $200 million in Subordinate Lien Revenue Refunding Bonds for East Baton Rouge Sewerage Commission
- Up to $50 million in Revenue Refunding Bonds for City of Bossier City
- Up to $14.5 million in Multifamily Housing Revenue Bonds for 104 units in Lafayette
- Up to $15 million in Revenue Notes for St. Tammany Parish Hospital Service District No. 2
Bond Commission
The Ad Hoc Election Subcommittee of the State Bond Commission will consider placing several local government tax and fee proposals on the November 3, 2020 ballot. Items include millage renewals, sales taxes, and parcel fees for drainage, public safety, recreation, and other purposes. The meeting also includes approval of previous minutes and monthly reports.
- Calcasieu Parish Consolidated Gravity Drainage District No. 1: 4.5 mills tax, 10 years, for drainage improvements
- Calcasieu Parish Consolidated Gravity Drainage District No. 2: 5.75 mills tax, 10 years, for drainage
- Lafayette Parish, City of Scott: 1% sales tax, 10 years, divided equally between police and fire departments
- Orleans Parish, Lakeshore Crime Prevention District: up to $420 parcel fee, 4 years, for security
- Orleans Parish, North Kenilworth Improvement and Security District: $300 parcel fee, 8 years, for beautification and security
Bond Commission
The State Bond Commission will review and approve numerous local government financing requests, including tax elections for the November 3, 2020 ballot, COVID-19 emergency revenue notes, and other borrowings. The largest single item is up to $100 million in revenue notes for the City of New Orleans for operations and expenses. The commission will also consider tax proposals for fire protection, drainage, waterworks, and other services across multiple parishes.
- Up to $100,000,000 in revenue notes for Orleans Parish/City of New Orleans for COVID-19 emergency operations
- Up to $35,000,000 in revenue notes for Lafayette Parish/City of Lafayette for COVID-19 operations
- L20-163: Caddo Parish Commission proposes three millage taxes for public health, juvenile court, and courthouse
- L20-169: Livingston Parish Council proposes 1% sales tax for roads/bridges and jail facilities
- L20-137: City of Grambling proposes ¼% sales tax in perpetuity for economic development
Bond Commission
The State Bond Commission will consider COVID-19 emergency financing requests, including loans and bonds for water districts, school boards, and hospital service districts across multiple parishes. Items include a $500,000 line of credit for Beauregard Parish Waterworks, a $225,000 loan for St. Helena Parish School Board for distance learning, and revenue notes for hospital districts to fund salaries and operating expenses. The meeting is held via video conference due to the COVID-19 public health emergency.
- L20-170: Beauregard Parish Waterworks District No. 2 — up to $500,000 line of credit and $84,000 loan for cash flow and payroll protection
- L20-147: St. Helena Parish School Board — up to $225,000 loan for distance learning resources
- L20-146: Washington Parish Hospital Service District No. 1 — up to $1.1M in bonds and $2.33M in revenue notes for hospital operations
- Multiple hospital districts seeking revenue notes up to $2.9M each for employee salaries and operating expenses
- Meeting held via video conference with public comment by email or chat
Bond Commission
The Louisiana State Bond Commission will consider and vote on dozens of bond issuances and financings, including COVID-19 emergency loans for hospital districts and refunding bonds for local governments and state agencies. The agenda includes final approval for bonds up to $395 million for the East Baton Rouge Sewerage Commission and $130 million for Bossier City utilities. The meeting also covers amendments to prior approvals and a supplemental resolution for state general obligation bonds.
- $395,000,000 Subordinate Lien Revenue Refunding Bonds for East Baton Rouge Sewerage Commission
- $130,000,000 Taxable Utilities Revenue Bonds for Bossier City
- $95,000,000 Road and Street Improvement Sales Tax Revenue Refunding Bonds for Baton Rouge
- $110,000,000 Sales Tax Revenue Refunding Bonds for New Orleans Regional Transit Authority
- $12,400,000 Multifamily Housing Revenue Bonds for Cypress at Gardere senior facility in Baton Rouge
Bond Commission
The State Bond Commission is reviewing several loan requests for local political subdivisions and final approvals for various state and local bonds. The agenda includes items for housing construction, utility system improvements, and large-scale state debt refinancing.
- $1,500,000 construction loan for 12 units of public housing in Donaldsonville
- $20,000,000 school bond refunding for Livingston Parish School Board
- $8,100,000 multifamily housing revenue bonds for Lafayette Bottle Art Lofts Project
- Up to $1,300,000,000 in General Obligation Refunding Bonds for the State of Louisiana
- Up to $1,600,000,000 in Gasoline and Fuels Tax Revenue Refunding Bonds
Bond Commission
The State Bond Commission meeting scheduled for March 19, 2020, has been cancelled. A new date will be announced once finalized.
Bond Commission
The Ad Hoc Election Subcommittee of the State Bond Commission will consider 17 proposed local tax measures from parishes and municipalities across Louisiana for the May 9, 2020 election. Items include property tax renewals and new taxes for hospitals, roads, drainage, police, fire, schools, and recreation. The meeting also includes approval of prior minutes and possible executive session.
- L20-071: Acadia-St. Landry Hospital Service District proposes 10.0 mills for 10 years for hospital facilities and physician recruitment
- L20-087: City of Bastrop proposes four 20-year taxes totaling 29.19 mills for police, sewer, streets, and fire protection
- L20-102: Pointe Coupee Parish School Board proposes 9.5 mills for 10 years for school facilities and teacher salaries
- L20-068A: Richland Parish School Board proposes up to $24,160,000 in general obligation bonds for school land and buildings
- L20-025A: St. Mary Parish School Board proposes a 0.45% sales tax for 5 years for teacher and personnel salaries
Bond Commission
The Commission is reviewing bids for General Obligation Bonds and Refunding Bonds for the State of Louisiana. The body is also considering the sale of East Jefferson General Hospital and various refinancing plans for gas and fuels tax bonds.
- Sale of East Jefferson General Hospital facility, land, and equipment by Jefferson Parish Council, Hospital Service District No. 2
- Bids for State of Louisiana General Obligation Bonds, Series 2020A, not exceeding $350,000,000
- Bids for State of Louisiana General Obligation Refunding Bonds, Series 2020B, not exceeding $120,000,000
- Financing plan and recommendations for General Obligation Bonds Fixed Rate Refunding
- Refinancing of variable rate Gasoline and Fuels Tax Second Lien Bonds, Series 2017A, 2017D-1 and 2017D-2
Bond Commission
The State Bond Commission is reviewing numerous requests from local governmental units for upcoming May 9, 2020, elections. These items include proposed millage taxes, sales taxes, and general obligation bonds for school districts, fire protection, and infrastructure projects across multiple Louisiana parishes.
- Ascension Parish School Board: General Obligation Bonds not exceeding $140,000,000
- East Baton Rouge Parish Central Community School Board: General Obligation Bonds not exceeding $23,000,000
- Jefferson Davis Parish Welsh-Roanoke Consolidated School District No. 1: General Obligation Bonds not exceeding $12,300,000
- LaSalle Parish Town of Tullos: Water Revenue Bonds not exceeding $525,000
- Lafourche Parish School Board: 0.5% sales tax for teacher and staff salary increases
Bond Commission
The State Bond Commission will consider approving up to $1 billion in gasoline and fuels tax refunding bonds and up to $350 million in general obligation bonds for capital projects. It will also vote on several local government bond issues and tax elections for parishes and school boards. The meeting includes final approval of bonds for infrastructure projects in Kenner, New Orleans, Scott, and other parishes.
- Up to $1,000,000,000 in Gasoline and Fuels Tax Revenue Refunding Bonds for the state
- Up to $350,000,000 in General Obligation Bonds, Series 2020A, for capital outlay projects
- Up to $75,000,000 in Sewerage Service Revenue Bonds for New Orleans Sewerage and Water Board
- Up to $60,000,000 in Taxable Water Revenue Bonds for New Orleans Sewerage and Water Board
- Up to $9,500,000 in Sales Tax Bonds for Kenner sewer lift station upgrades and force main replacements