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State Bond Commission approves package of local and state bond items at Feb. 19 meeting
Summary
The State Bond Commission on Feb. 19 approved multiple local and state financing items — including election-related issuances, parish-level health and water projects, and general obligation and refunding bonds — and received reports and a disclosure‑compliance presentation. Approvals were recorded without objection.
The State Bond Commission met Feb. 19, 2026, at the State Capitol in Baton Rouge and approved a series of financing and administrative items, Treasurer John Fleming presiding.
The commission approved the minutes of its Jan. 15, 2026 meeting after a motion from Representative Phillip R. DeVillier, seconded by President J. Cameron Henry, Jr. The panel recorded attendance and proceeded through its agenda, taking a series of unanimous or unopposed approvals.
Ms. Folse summarized Items 3–5, described in the agenda as Local Governmental Units — Elections, scheduled for June 27, 2026; Representative DeVillier moved approval and President Henry seconded. The commission then approved Item 6 (Caddo Parish Law Enforcement District), Item 7 (Orleans Parish — Sewerage and Water Board of New Orleans, LDH program), and Items 8 and 9 (Richland Parish Hospital Service District No. 1‑A) after similar synopses and unanimous consent.
Items 10 and 11, described in the agenda as ratifications and/or amendments to prior approvals, were presented by Ms. Folse and approved without objection. Ms. Folse also provided a status update on Items 12–16 concerning cost of issuance reporting; the transcript records the update but does not show a formal vote on those items.
Item 17 (Priority 5 — Non‑Cash, Non‑State Projects for local governments) was presented with additional commentary from Roger Husser, Assistant Commissioner, Division of Administration. Representative DeVillier moved approval, Senator Glen Womack seconded, and the commission approved Item 17 without objection.
The commission approved Item 18 (State of Louisiana general obligation bonds) and Item 19 (State of Louisiana general obligation refunding bonds) after Ms. Folse’s synopses and additional information from Mr. Husser. Item 20 (a request for qualifications) was also approved following the same motion/second pattern recorded in the minutes.
The meeting record shows that a presentation on disclosure compliance (Item 21) was given by State Bond Commission Disclosure Compliance Officer Jessyka Munoz and disclosure counsel Tiffaney Trosclair and Garrett Gemelos of Foley & Judell, LLP; the transcript notes the presentation but does not include its substantive text. Ms. Folse then provided information on Item 22, the monthly reports.
According to the minutes, all recorded approvals were made by motion and carried “without objection.” The meeting was adjourned on the chairman’s motion.
Why it matters: The commission’s approvals clear financing steps for a range of local and state projects and authorize the staff actions needed to proceed with elections‑related issuances, parish health‑district matters and state bond transactions. Several agenda items were accompanied by staff updates, and the commission received legal and disclosure counsel briefing that the minutes record but do not detail.
Next steps: The minutes note approvals and presentations; the transcript indicates that more detailed, verbatim material is available in the full verbatim transcript for items where the minutes provide only a synopsis.
