Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Caddo Parish plans $21.3M bond sale; board begins negotiations for career‑center site
Summary
Board advisers described a planned single $21.3 million bond sale (part of an $88.3 million program) with market interest estimates around 4–5 percent; staff also asked permission to begin price negotiations with Louisiana Tech for property to host a proposed $50–70 million Caddo Career and Technical Center.
Board finance advisers told the Caddo Parish School Board executive committee on Nov. 18 that the district plans a single issuance to sell roughly $21.3 million in general‑obligation bonds as the final series of an $88.3 million program approved by voters in 2019.
Lucius McGee, the board’s municipal adviser, said current market yields for 20‑year school bonds are roughly 4.25–4.5 percent and that the district could reasonably expect a coupon in the broad 4–5 percent range depending on the exact sale date. Counsel noted the 2019 voter…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
