Bond Commission public meetings in 2023
18 substantive meetings from 2023, with official agendas or minutes and plain-English summaries.
Bond Commission
The Commission will consider several loan and bond requests for local political subdivisions, including infrastructure and emergency response projects. The agenda also includes final approval for state-level bonds for housing and public safety, as well as reviewing non-cash lines of credit for state and local projects.
- $110,000,000 revenue bonds for a Department of Public Safety crime lab relocation and construction
- $26,000,000 multifamily housing revenue bonds for a 121-unit development in Kenner
- $15,000,000 sales tax increment revenue bonds for economic development in Ruston
- $13,000,000 hazard mitigation revenue notes for Beauregard Parish facilities
- Non-cash lines of credit totaling $907,078,650 for State projects under Priority 5
Bond Commission
The Commission will consider final approvals for several local water and development bonds. The agenda also includes reviewing large-scale multifamily housing revenue bonds for New Orleans, Lake Charles, and Lafayette.
- $48,000,000 for Tivoli Place multifamily housing in New Orleans
- Tax increment financing agreement for BioDistrict New Orleans infrastructure
- $5,000,000 Sales Tax Revenue Bonds for Opelousas Downtown Development District
- $500,000 Water Revenue Bonds for West Allen Parish Water District
- $600,000 Water Revenue Bonds for City of Franklin
Bond Commission
The Ad Hoc Election Subcommittee of the State Bond Commission will consider a proposed 1% sales tax for the Town of Kentwood in Tangipahoa Parish. The tax would run 20 years starting July 1, 2024, with proceeds allocated to solid waste collection, police and employee salaries, operating costs, infrastructure, equipment, and public facilities. The subcommittee will also approve minutes from its July 11, 2023 meeting.
- L23-284: Tangipahoa Parish, Town of Kentwood – 1% sales tax for 20 years beginning July 1, 2024
- Proceeds: up to 50% for solid waste collection; remainder for police/employee salaries, operating costs, streets, drainage, equipment, and public buildings/parks
- Approval of minutes from July 11, 2023 Ad Hoc Election Subcommittee meeting
Bond Commission
The State Bond Commission will consider approving over $254 million in cash lines of credit for state projects and $111 million for local government projects from the current Capital Outlay Act. The agenda also includes numerous local tax elections and bond issuances for schools, roads, and infrastructure across Louisiana parishes. Several items involve final approval of bonds for specific projects, including a $130 million crime lab for the Department of Public Safety.
- Up to $130 million in revenue bonds for a new Department of Public Safety crime lab
- Up to $75 million in revenue anticipation notes for Orleans Parish School Board current expenses
- Up to $25 million in revenue bonds for Riverwalk-Spanish Plaza Economic Development District in New Orleans
- Up to $33 million in revenue bonds for Athlos Academy of Jefferson Parish charter school project
- Rescission of $2.88 million in cash lines of credit for state projects and $6.08 million for local government projects
Bond Commission
The State Bond Commission is reviewing various requests from Louisiana local governmental units regarding new taxes, millages, and bonds. These items include proposals for fire protection, school funding, road maintenance, and security districts across multiple parishes.
- DeSoto Parish School Board: $130,000,000 General Obligation Bond for school capital expenditures
- DeSoto Parish School Board: $23,000,000 General Obligation Bond for school capital expenditures
- City of Mansfield: $2,650,000 General Obligation Bond for broadband infrastructure
- New Orleans Mid-City Security District: Proposed parcel fees ranging from $150 to $4,000
- Calcasieu Parish: 2% sales tax and 0.5% sales tax proposals for municipal services and infrastructure
Bond Commission
The Louisiana State Bond Commission will vote on 37 items, including tax proposals, bond issuances, and amendments. Key actions include approving up to $850 million in revenue bonds for a bauxite residue reclamation facility, $361 million for East Baton Rouge sewerage refunding, and multiple local tax renewals for fire, water, schools, and roads. The commission will also consider cash flow borrowings and final approvals for various local and state projects.
- Up to $850,000,000 in revenue bonds for ElementUS Minerals LLC bauxite residue reclamation facility (Item 26)
- Up to $361,325,000 in subordinate lien revenue refunding bonds for East Baton Rouge Sewerage Commission (Item 24)
- Up to $80,000,000 in revenue bonds for Waste Pro USA solid waste collection and disposal (Item 25)
- Up to $80,000,000 in single family mortgage revenue bonds for Louisiana Housing Corporation home ownership program (Item 23)
- Multiple local tax renewals: Calcasieu Fire Protection District No. 1 (6.0 mills), Evangeline Parish Communications District (1.04 mills), Grant Parish School Board (11.38 mills), and others
Bond Commission
The State Bond Commission is meeting to consider various bond issuances for local government projects, housing developments, and state agencies. The agenda includes final approvals for utility and infrastructure bonds, as well as resolutions for state-level lines of credit.
- Plaquemines Parish Council: Up to $16,000,000 in Hurricane Recovery Revenue Notes
- City of Natchitoches: Up to $11,645,000 in Utilities Revenue Bonds
- Louisiana Community Development Authority: Up to $273,000,000 for New Orleans residential rental communities
- State of Louisiana: Up to $250,000,000 in Grant Anticipation Revenue Bonds for various interchange and bridge projects
- Lines of Credit: Authorization for $608,864,276 for State projects and $364,370,239 for Local Government projects
Bond Commission
The Ad Hoc Election Subcommittee of the State Bond Commission will meet to discuss and potentially approve several local government tax proposals for the October 14, 2023 election. Items include millage rates for drainage districts, fire protection, roads, schools, and recreation, as well as salary amendments for St. Charles Parish officials.
- Evangeline Parish, Duralde Gravity Drainage District No. 4: 8.17 mills tax, 10 years (2025-2034) for drainage works.
- Jefferson Davis Parish, Fire Protection District No. 1: 10.49 mills tax, 10 years (2024-2033) for fire facilities and water costs.
- Madison Parish, City of Tallulah: 7.53 mills tax, 10 years (2023-2032) for police/fire departments and streets/bridges.
- St. Charles Parish Council: proposed amendments to Home Rule Charter for council and parish president salaries.
- St. Helena Parish, Recreation District, Ward 5: 15.0 mills tax, 10 years (2025-2034) for recreational facilities and programs.
Bond Commission
The Louisiana State Bond Commission will vote on 65 items, including local tax propositions, bond issuances, and refinancings for parishes, municipalities, and state agencies. Items range from millage renewals and sales taxes for infrastructure, public safety, and recreation to bond approvals for housing developments and law enforcement facilities. The meeting also includes final approval of bonds for several local political subdivisions and state housing projects.
- L23-149: Calcasieu Parish, Iowa Fire Protection District No. 1 - up to $2.5M bonds for fire protection facilities and equipment.
- L23-153: Jackson Parish Law Enforcement District - up to $5M taxable limited tax bonds for a law enforcement detention facility.
- L23-155: Terrebonne Parish Hospital Service District No. 1 - up to $15.5M hospital revenue refunding bonds.
- S23-019: Louisiana Housing Corporation (Capstone at The Oaks Apartments) - up to $22M multifamily housing revenue bonds for a 120-unit development in Lake Charles.
- L23-124: Calcasieu Parish, City of Sulphur - two 5.0 mills tax proposals for fire department equipment and street improvements.
Bond Commission
The State Bond Commission will consider final approval of bonds for multiple local governments and state agencies, including a $105 million hospital revenue bond for Louisiana Children's Medical Center and a $28 million hospital revenue bond for Union Parish. The commission will also vote on proposed tax millages for Terrebonne Parish and Farmerville, and amendments to prior bond approvals. The meeting includes routine items such as approval of previous meeting minutes and monthly reports.
- L23-096: Union Parish Hospital Service District — up to $28,000,000 hospital revenue bonds for a new hospital facility
- S23-015: Louisiana Public Facilities Authority (LCMC) — up to $105,000,000 hospital revenue bonds for capital expenditures
- L23-097: Town of Rayville — up to $5,011,000 water revenue bonds and $5,011,000 bond anticipation notes for water system improvements
- L23-084: City of New Orleans — charter amendments to move budget submission dates and create a Department of Code Enforcement
- L23-085: Terrebonne Parish Road Lighting District No. 7 — proposed 6.22 mills tax for street lighting
Bond Commission
The Louisiana State Bond Commission will consider multiple bond issuances, tax proposals, and financing plans for local governments and state entities. Key items include a $125 million line of credit for Louisiana Citizens Property Insurance Corporation, a $20 million sewer revenue note for Lake Charles, and a $15.5 million mixed-use development in Baton Rouge. The commission will also hear a presentation on the Community Drinking Water Infrastructure Sustainability Act.
- $125M line of credit for Louisiana Citizens Property Insurance Corporation to pay insurance claims
- $20M sewer revenue notes for City of Lake Charles (DEQ Project) for sewer utility improvements
- $15.5M community development and workforce housing revenue bonds for South Foster YMCA mixed-use development in Baton Rouge
- $1.4M revenue anticipation notes for City of Morgan City for current expenses
- Tax proposals: St. Landry Parish School Board millage (11.78 and 4.37 mills) and Village of Forest ½% sales tax
Bond Commission
The State Bond Commission will receive and consider bids for the sale of up to $275 million in General Obligation Bonds, Series 2023A, and vote on an award resolution. No other substantive items are on the agenda.
- Sale of up to $275,000,000 in State of Louisiana General Obligation Bonds, Series 2023A
- Receipt of bids at 9:15 a.m. and adoption of award resolution
Bond Commission
The State Bond Commission is reviewing numerous requests for bond issuances, refinancings, and revenue notes across Louisiana parishes. The agenda includes funding for water treatment plants, school improvements, and infrastructure projects.
- $125,000,000 Special Tax Revenue Bonds for New Orleans Morial Convention Center improvements
- $85,000,000 Public Improvement Sales Tax Refunding Bonds for Terrebonne Levee and Conservation District
- $10,600,000 Water Revenue and Refunding Bonds for Livingston Parish Water District, Ward 2
- $6,500,000 Revenue Bonds for Caddo-Bossier Parishes Port Commission Red River Wastewater Treatment Plant
- $25,000,000 Senior Living Revenue Bonds for Covington senior living facilities acquisition
Bond Commission
The Ad Hoc Election Subcommittee is reviewing several local government requests for millage taxes and bond issuances. These proposals cover funding for schools, fire protection, public safety, and infrastructure across multiple parishes.
- Iberia Parish School Board: General Obligation Bonds up to $62,500,000 for school capital expenditures
- City of Alexandria: 11.51 mills tax for projects including Sugarhouse Road and Ruston Foundry Redevelopment
- Orleans Parish Law Enforcement District: 5.5 mills tax for Sheriff’s Office salaries, equipment, and training
- Concordia Parish Police Jury: Rededication of $1,600,000 for roads, drainage, and public buildings
- Red River Parish School Board: Two millage taxes (16.95 and 16.80 mills) for school operations and salaries
Bond Commission
The State Bond Commission will discuss and review certifications from investment banking firms regarding policy questions from a January 23, 2023 solicitation. The meeting is largely procedural, with only one substantive agenda item beyond call to order and adjournment.
- Discussion and review of certifications from Investment Banking firms regarding policy questions from the January 23, 2023 solicitation
Bond Commission
The Louisiana State Bond Commission will consider approving up to $1.7 billion in system restoration bonds for Entergy Louisiana to finance costs from Hurricanes Ida, Laura, Delta, Zeta and Winter Storm Uri. The agenda also includes dozens of local government tax elections and bond proposals for schools, roads, fire protection, and other infrastructure across the state. Additionally, the commission will discuss a $275 million general obligation bond issuance for capital outlay projects and a $74 million multifamily housing bond for a Baton Rouge development.
- Up to $1.7B System Restoration Bonds for Entergy Louisiana (Hurricane Ida and other storms)
- Up to $275M General Obligation Bonds for state capital outlay projects
- Up to $74.3M Multifamily Housing Revenue Bonds for The Reserve at Joor Place in Baton Rouge (360 units)
- Lincoln Parish School Board: up to $65M and $10M bonds for Ruston and Simsboro school districts
- Numerous local tax elections for schools, roads, fire, libraries, and other services across multiple parishes
Bond Commission
The Emergency Elections Subcommittee is reviewing an emergency election request for the April 29, 2023, election. The subcommittee will consider and provide a recommendation regarding a tax request from the Union Parish School Board.
- L23-024: Union Parish School Board, Consolidated School District No. 1 15.0 mills tax (2023-2032)
Bond Commission
The State Bond Commission is reviewing several items including local tax elections, cash flow borrowings, and final approvals for various bonds. The agenda includes large-scale projects such as a renewable diesel facility in Geismar and campus improvements for Loyola University.
- Approval of $900,000,000 revenue bonds for Chevron U.S.A. Inc. renewable diesel production in Geismar
- Approval of $155,000,000 revenue and refunding bonds for Loyola University capital improvements
- $25,000,000 taxable utilities revenue bonds for Amite City sewer system improvements
- $5,200,000 limited tax bonds for Jefferson Parish School Board capital expenditures
- Election of 5.50 mills tax for Calcasieu Parish Recreation District No. 1, Ward 3