TITLE

Lawmakers' Wish List Runs Up Against Louisiana Debt Limit

AUTHOR(S)
DeSue, Tedra
PUB. DATE
May 2003
SOURCE
Bond Buyer;5/23/2003, Vol. 344 Issue 31642, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Louisiana legislators have a list of about two billion dollars in capital projects they want to pay for with general obligation bonds, but officials say only about 75 million dollar in new debt will likely be available anytime soon because of the state's self-imposed debt limits. As legislators work through the list of prioritized projects, they will be receiving input about the state's debt limits from the commissioner of administration, Mark Drennan. State officials say only about 200 million dollar of the projects in the proposed capital outlay budget could be bond-funded during the 2004 fiscal year.
ACCESSION #
9944934

 

Related Articles

  • How to Revitalize Muni Bond Insurance. Glaser, Howard // Investment Dealers' Digest;10/30/2009, Vol. 75 Issue 41, p26 

    In this article the author discusses the aspect of municipal bond insurance in the U.S. He mentions that municipal bond insurance serves as a government project fund in the municipal securities market. He suggests that people need to work together to help the community reduce borrowing costs,...

  • Cleveland Suburb Taps Novel Port-Authority Borrowing Ability. Carvlin, Elizabeth // Bond Buyer;11/26/2003, Vol. 346 Issue 31770, p50 

    Reports on the avoidance of state-imposed debt limits by funding economic development projects through a port authority in Westlake, Ohio. Sale of special assessment-backed bonds; Issuance of revenue bonds by the Toledo-Lucas Port Authority; Allocation of the bond proceeds.

  • Special Legislative Session Over, Utah Set to Issue $465 Million of GOs. Albanese, Elizabeth // Bond Buyer;5/23/2003, Vol. 344 Issue 31642, p39 

    The Utah Legislature completed a two-hour special legislative session on May 21, 2003 that was convened to issue a 165 million dollar general obligation bond authorization approved by legislators earlier in 2003. The original bill, which included financing for several state university and state...

  • Sussex County, NJ., Selling $29M in Debt. Cataldo, Adam L. // Bond Buyer;9/5/2006, Vol. 357 Issue 32459, p4 

    No abstract available.

  • New Mexico's Road Program Faces Shortfall. Watts, Jim // Bond Buyer;12/11/2007, Vol. 362 Issue 32771, p1 

    The article reports that New Mexico will delay 29 road projects financed by the state's $1.6 billion Governor Richardson's Investment Partnership (GRIP) bond transportation program because of a shortfall of $494 million for the effort. The program will authorize the state to issue $1.6 billion...

  • Vermont, Newly Upgraded by Moody's, Gets Ready to Issue $30 Million of GOs. Stark, Jonna // Bond Buyer;2/12/2007, Vol. 359 Issue 32566, p29 

    The article reports that Vermont will competitively sell $30 million of general obligation bonds to fund a variety of building, education, agriculture, and safety projects for the state. The $ 30 million will be used for various state projects, including $9.7 million for state buildings, $3.1...

  • MINNESOTA. Wirtz, Ronald A. // Fedgazette;May2008, Vol. 20 Issue 3, p13 

    This section offers news briefs on regional business and economics in Minnesota. The state is currently facing a $935 million budget deficit and a declining economy. The state's legislative auditor has criticized the Job Opportunity Building Zones program, stating that it fails to target the...

  • Area economic development projects.  // Fort Worth Business Press;2005 Book of Lists, Vol. 18, p27 

    Presents information on several economic development projects in Texas. Number of employees in the development projects; Budget for the development projects; Retention and new business highlights.

  • Iran.  // MEED: Middle East Economic Digest;2/5/1999, Vol. 43 Issue 5, p16 

    Details Iran's draft state budget for 1998/2000, which allows the government to seek $10,000 million in foreign funds for a range of economic development projects. Includes foreign financing proposed under buy-back deals for oil and gas projects; Budget item for the National Petrochemical Co.;...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics