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State Bond Commission approves multiple local loans, bonds and refinancings; adopts debt officer report
Summary
The State Bond Commission on Jan. 15, 2026, approved a series of local loans, bond final approvals and refinancings by unanimous consent, adopted a report presented by Debt Officer Jessyka Munoz, and received monthly reports before adjourning.
The State Bond Commission convened at 10 a.m. Jan. 15, 2026, in Senate Committee Room A-B at the State Capitol. Honorable John Fleming, MD, State Treasurer, called the meeting to order and Ms. Berthelot called the roll establishing a quorum.
Representative Neil Riser moved to approve the minutes of the Dec. 11, 2025 meeting; Senator Beth Mizell seconded the motion and the minutes were approved without objection. Representative Riser then moved approval of a series of agenda items covering local loans, bond final approvals and refinancings; Senator Mizell seconded each motion and members adopted the measures by unanimous consent.
Items approved by the commission included Item 3 (Tensas Parish Police Jury), Items 4 and 5 (loans for local political subdivisions), Items 6–8 (final approvals for local political subdivision bonds), Items 9–10 (refinancings for local political subdivisions), and Items 11–12 (port, harbor and/or terminal district items). The commission also approved Item 13 concerning the New Orleans Aviation Board and Item 14 concerning the Capital Area Finance Authority; Senator John C. “Jay” Morris III was recused from both Items 13 and 14.
Ms. Folse provided a status update on Items 15–22 concerning cost-of-issuance reportings. Ms. Folse summarized Item 23 and Jessyka Munoz, State Bond Commission Debt Officer, delivered a presentation on Item 23; Representative Riser moved to adopt the report, Senator Mizell seconded, and the commission adopted the report without objection. Ms. Folse provided information related to Item 24, the monthly reports; no formal action on Item 24 was recorded in the minutes.
Representative Riser was the consistent mover for approvals and Senator Mizell the consistent seconder; actions passed by unanimous consent or "without objection" are recorded in the minutes as adopted. On a motion from the chairman and without objection, the meeting was adjourned.
The minutes note that a verbatim transcript in the specific order items were considered is available with the Bond Commission.
