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

 

Related Articles

  • A Tax Increase. Albanese, Elizabeth // Bond Buyer;9/9/2003, Vol. 345 Issue 31715, p31 

    Reports that members of the school board of Denver Public School (DPS) in Colorado were told that debt service associated with a $310 million bond referendum must legally be termed a tax increase. Rationale behind promotion of the plan by board members; Significance of approval of bond package...

  • Interest Savings. Vadum, Matthew // Bond Buyer;12/17/2001, Vol. 338 Issue 31286, p37 

    Reports on the impact of structure of District of Columbia's sale of insured general obligation bonds on city government debt service over the life of bonds. Type of bonds sold by the district; Cost saving features of bonds.

  • Dauphin County, Pa., Agency Misses Forum Place Payment. Braun, Martin Z. // Bond Buyer;7/17/2002, Vol. 341 Issue 31429, p36 

    Reports the default of Series B revenue bonds of Dauphin County in Harrisburg, Pennsylvania. Nature of the deal to purchase the Forum Place; Failure in making debt service payment; Concern over default ramifications.

  • Even Without a Budget, Tennessee Makes Its Debt Payments. Sigo, Shelly // Bond Buyer;7/2/2002, Vol. 340 Issue 31420, p5 

    Reports the debt service payments of bond officials in Tennessee. Adoption of temporary spending measures; Authority of the critical services law; Utilization of reserves to pay budget deficits.

  • Chicago Suburb Takes Second Stab at Hotel Debt Relief. Shields, Yvette // Bondbuyer.com;12/29/2015, p1 

    With a fresh default on debt service looming, Lombard, Ill., wants bondholders to buy into a proposed restructuring of its $190 million of hotel/conference center debt.

  • S&P Downgrades Housing Bonds to Junk. Vadum, Matthew // Bond Buyer;4/5/2002, Vol. 339 Issue 31359, p31 

    Reports on the junk status of four outstanding bonds secured by Section 8-assisted multifamily property mortgages in the U.S. Par value of the bonds; Deterioration of the debt service coverage; Ways to improve the financial condition of multifamily.

  • SOUTHEAST BOND-WATCH. Sigo, Shelly; Vadum, Matthew // Bond Buyer;10/17/2002, Vol. 342 Issue 31493, p30 

    Reports developments on industrial bonds in the U.S. as of October 2002. Ways of paying debt service on the nonrated bonds; Deterioration of the financial condition in bond documents; Construction of a convention center hotel.

  • Philadelphia Controller's Report Calls For City to Reconsider Debt Levels. Higginbotham, Stacey // Bond Buyer;01/23/2001, Vol. 335 Issue 31062, p40 

    Reports the call for the reconsideration of debt service level for the bonding programs in Philadelphia, Pennsylvania. Account of the report issued by the city controller Jonathan Saidel concerning the debt level; Assessment of the debt service level; Introduction of a bonding program.

  • Alabama House committee considers using tobacco money to pay off debt. Menke, Arthur // Bond Buyer;03/26/99, Vol. 327 Issue 30607, p36 

    Reports that Alabama lawmakers are considering a bill that would funnel dollars from the state's share of the nationwide tobacco settlement into a designated fund that could be used to pay debt service on bonds. Bill sponsored by state Representative John Hilliard; Provisions under House Bill...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics