On Thursday, July 17, the Louisiana State Bond Commission approved a slate of major infrastructure and improvement projects across several parishes, as well as authorizing upcoming election propositions in DeSoto, East Baton Rouge, Lincoln, and Orleans parishes.
Louisiana State Treasurer Dr. John Fleming, who serves as Chairman of the State Bond Commission, emphasized the Treasury Department’s careful review process during the meeting.
“Our Treasury Department thoroughly examines every election application and every funding request to ensure it meets the technical requirements and safeguards taxpayer funds,” Fleming said. “I am proud of our department’s dedication and commitment to serving the people of Louisiana.”
While the Commission’s approval does not imply endorsement, it is a required step before propositions can appear on local ballots.
Among the most significant funding authorizations approved by the Commission are:
- City of Gretna (Louisiana Community Development Authority): $18 million in revenue bonds for public utility infrastructure improvements and other capital projects.
- Village of Robeline, Natchitoches Parish (DEQ Project): $990,000 in taxable sewer revenue bonds to upgrade the local sewerage system, including new construction and equipment.
- Orleans Parish Law Enforcement District: $15 million in limited tax bonds for critical capital expenses, including jail maintenance and upgrades to security and surveillance systems.
- Terrebonne General Health System: $80 million in hospital revenue and refunding revenue bonds—$26 million will refinance existing bonds, while $54 million will finance new capital projects, including the construction of a Healthy Lifestyles Center.
- City of Bogalusa, Washington Parish (DEQ Project): $1.75 million in taxable sales tax bonds for improvements to the city’s sewage treatment infrastructure, including the installation of two new open screw pumps.
- City of Minden, Webster Parish: $10.5 million in sales tax revenue bonds to fund construction and upgrades of a new recreational complex for baseball and softball.
The State Bond Commission plays a critical role in reviewing and approving applications from municipalities, parishes, and special taxing districts seeking to borrow funds or issue bonds for public projects. These funds are typically borrowed from banks or investors and are paid back over time.
To date, for fiscal year 2026, the Commission has approved 16 debt applications totaling $127.7 million, along with six local election measures.
Fleming commended the Treasury staff for their diligence and professionalism.
“These achievements are the result of our team of committed professionals who work tirelessly to serve the taxpayers of Louisiana,” he said.
For more information on upcoming projects and election applications, visit the Louisiana Treasury Department’s website.