The State Bond Commission approved $1.9 million in funding for projects in the SWLA area at its August 21 meeting, according to State Treasurer John Kennedy.
“We also helped local governments statewide refinance $257 million in debt in order to save $3.87 million for taxpayers, make capital improvements and provide debt service relief,” said Treasurer Kennedy.
The Bond Commission approved:
− $1.06 million in bonds for Beauregard Parish, Waterworks District No. 2 to refinance debt, saving $47,219.
− $850,000 in bonds for Calcasieu Parish, Waterworks District No. 8 of Wards 3 and 8 for waterworks system improvements.