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Board authorizes $65 million in debt and selects auditors, municipal advisor
Summary
The St. Charles Parish board approved accepting bids for supplies (estimated $910,000), hired Malden & Jenkins for the 2026 audit, approved a municipal advisor, and unanimously authorized a $30 million sales tax bond resolution and $35 million revenue anticipation notes.
The St. Charles Parish Public School Board approved multiple finance actions during its July meeting, including procurement, audit and municipal advisory contracts, and authorizations to issue debt.
The board accepted recommended bids for janitorial and paper supplies at an estimated cost of $910,000. It approved retaining Malden and Jenkins CPAs and Advisors LLC (formerly LaPorte CPAs) to conduct the fiscal year 2026 financial audit and related agreed-upon procedures. The board also approved engaging a municipal advisor; the transcript references Argent Advisors LLC as the district's recent advisor and a motion record that referred to 'Arjun Advisors LLC' (transcript variant). Beck Haines from Argent Advisors was acknowledged in the audience.
Most consequentially, the board unanimously approved resolutions authorizing the issuance and sale of $30,000,000 in sales tax bonds and $35,000,000 in revenue anticipation notes as presented by the district and prepared by bond counsel Foley and Judell. The votes were recorded verbally as unanimous; board members emphasized alignment with the board's strategic action plan and prior committee review.
Provenance: topicintro SEG 531, topfinish SEG 666.
