TITLE

Property Tax Crunch in New Orleans

AUTHOR(S)
deSue, Tedra
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/27/2006, Vol. 356 Issue 32369, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents a problem foreseen for New Orleans, Louisiana in financing its service debt. The author stressed out the effect of Hurricane Katrina on the city's tax revenue collection. One of the coming service debt was the 9.1 billion dollars Gulf Opportunity bonds due on June 1, 2006. Observers cautioned the collecting officials to focus on their duty and not be affected by the coming election.
ACCESSION #
20652094

 

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