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Bossier City Council adopts 2026 budgets, approves redemption of 2015A revenue bonds
Summary
The Bossier City Council on Nov. 11 adopted ordinances finalizing the 2026 city budgets and approved a resolution to redeem outstanding 2015A revenue bonds; staff said an ordinance to appropriate funds for payoff will be presented at the next meeting and estimated roughly $905,000 in annual savings.
The Bossier City Council on Tuesday approved the city’s 2026 budgets and a resolution to redeem outstanding revenue bonds, moves city staff said will reduce annual debt service by roughly $905,000.
The council opened a public hearing to consider final adoption of the City of Bossier City’s proposed 2026 budgets and capital budgets. After brief staff remarks and a short exchange about early-payoff penalties, members voted by voice to adopt the ordinances. "That will amount to, approximately $905,000 a year in annual savings," a staff member said when describing the planned payoff and the related ordinance that will be presented at the next meeting.
Why it matters: Final adoption of the budget sets the city’s spending plan and capital priorities for 2026; the…
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