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Beauregard Parish School Board approves resolution to call May special election for $30 million in bonds

2099253 · January 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The school board voted to submit a $30 million general-obligation bond proposition to voters on May 3, 2025, with presenters saying the measure would not project an increase to the district—s existing 17.8-mill tax rate.

Beauregard Parish School Board on Thursday approved a resolution ordering a special election on May 3, 2025, to ask voters to authorize up to $30 million in general obligation bonds for capital improvements, board counsel said.

The board—s bond counsel, Grama Schluter of Foley Edel, told trustees the proposition as drafted would allow the district to seek the $30 million without a projected increase to the 17.8 mills the board currently levies for debt service. "You have an opportunity to consider whether you'd like to submit to the voters for their consideration 30,000,000 for additional capital improvements, again, without a projected increase in that 17.8 mills," Schluter said.

Why it matters: presenters said issuing bonds on a schedule like this preserves the district—s ability to fund…

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