Board of Liquidation, City Debt (New Orleans) public meetings in 2024
21 substantive meetings from 2024, with official agendas or minutes and plain-English summaries.
Board of Liquidation, City Debt
The regular monthly meeting of the Board of Liquidation, City Debt scheduled for December 12, 2024, has been canceled. The notice states there was no business to come before the Board.
Board of Liquidation, City Debt
The Board approved a reduction in the 2025 millage levy and adopted the 2025 budget. Members also authorized the cash defeasance of specific Public Improvement Bonds and approved salary adjustments for the Secretary and staff.
- Approved 2025 Millage Levy Resolution reducing millage to 14.5 mills (5-0)
- Adopted 2025 Budget Resolution with anticipated total revenue of $98,333,267 (5-0)
- Approved cash defeasance of up to $18,055,000 par amount of Public Improvement Bonds, Issue 2013A (5-0)
- Approved salary adjustments for the Secretary and staff members (5-0)
- Adopted 2024 Louisiana Audit Compliance Questionnaire Resolution (5-0)
- Adopted minutes from the October 15, 2024 special meeting (5-0)
🗳️ How they voted (5 roll-call votes)
Board of Liquidation, City Debt
The Board of Liquidation, City Debt will meet to discuss and vote on four key financial resolutions: cash defeasance of up to $18,055,000 in 2013A bonds, adoption of the 2024 Louisiana Audit Compliance Questionnaire, the 2025 budget, and the 2025 millage levy for general obligation debt service. These actions directly impact the city’s debt management and future tax obligations.
- Cash defeasance of up to $18,055,000 in Public Improvement Bonds 2013A
- Adoption of 2024 Louisiana Audit Compliance Questionnaire Resolution
- Adoption of Board of Liquidation, City Debt 2025 Budget Resolution
- Adoption of 2025 Millage Levy Resolution for general obligation bonded debt
Board of Liquidation, City Debt
The Board of Liquidation, City Debt for New Orleans canceled its regular monthly meeting because no business items were scheduled. The cancellation notice was issued for the November 20, 2024 meeting.
Board of Liquidation, City Debt
The Board of Liquidation, City Debt gave final approval for two sets of Water Revenue Bonds to fund capital improvements and a lead reduction project. Both bond series include principal forgiveness under the Federal Safe Drinking Water Act.
- Approved issuance of Water Revenue Bonds not exceeding $86,000,000 (5-0)
- Approved issuance of Water Revenue Bonds not exceeding $4,600,000 (5-0)
- Adopted minutes from the August 7, 2024 special meeting
- Ordered July and August 2024 monthly audit letters filed
🗳️ How they voted — 1 divided vote
Board of Liquidation, City Debt
The Board of Liquidation, City Debt will meet to consider final approval for two sets of Water Revenue Bonds. The board will also review auditors' reports from July and August 2024.
- Final approval for Water Revenue Bonds not exceeding $86,000,000
- Final approval for Water Revenue Bonds not exceeding $4,600,000
- Review of auditors' reports for July 2024 and August 2024
Board of Liquidation, City Debt
The Board of Liquidation, City Debt for New Orleans canceled its regular monthly meeting because no business was scheduled to come before the board. The cancellation applies to the meeting originally set for October 16, 2024.
Board of Liquidation, City Debt
The regular monthly meeting of the Board of Liquidation, City Debt, scheduled for September 18, 2024, has been canceled. The document states there was no business to come before the Board.
Board of Liquidation, City Debt
The regular monthly meeting of the Board of Liquidation, City Debt scheduled for August 21, 2024, has been canceled. The notice states there was no business to come before the Board at this time.
Board of Liquidation, City Debt
The Board adopted a resolution to issue and sell $183 million in Public Improvement Bonds (Issue 2024A) and $17 million in Taxable Public Improvement Bonds (Issue 2024B). The funds are designated for various city capital projects and the upcoming Super Bowl. Closing is scheduled for August 15, 2024.
- Approved $183 million Public Improvement Bonds (Issue 2024A) awarded to Truist Securities, Inc. (5-0)
- Approved $17 million Taxable Public Improvement Bonds (Issue 2024B) awarded to Piper Sandler & Co. (5-0)
- Adopted minutes from the May 15, 2024 meeting
🗳️ How they voted (1 roll-call vote)
Board of Liquidation, City Debt
The Board of Liquidation, City Debt will receive electronic bids and verification reports for two bond issues. The board will consider a resolution for the issuance and sale of these bonds for the City of New Orleans.
- Issuance and sale of $183,000,000 Public Improvement Bonds, Issue of 2024A
- Issuance and sale of $17,000,000 Taxable Public Improvement Bonds, Issue of 2024B
- Review of auditors’ reports for May and June 2024
Board of Liquidation, City Debt
The special monthly meeting of the Board of Liquidation, City Debt scheduled for July 31, 2024, has been canceled. The notice states there was no business to come before the Board.
Board of Liquidation, City Debt
The Board of Liquidation, City Debt for New Orleans canceled its regular July 2024 meeting because no business items were scheduled. The cancellation was announced in a notice dated June 27, 2024.
Board of Liquidation, City Debt
The regular monthly meeting of the Board of Liquidation, City Debt scheduled for June 19, 2024, has been canceled. The document states there is no business to come before the Board at this time.
Board of Liquidation, City Debt
The Board approved a resolution to advertise and sell up to $200 million in Public Improvement Bonds for city capital projects. Additionally, the Board modified a previous resolution to increase the principal of Water Revenue Bonds to $90.6 million with 0% interest. The March 20, 2024, meeting minutes were also adopted.
- Approved modification of Water Revenue Bonds to $90,600,000 with 0% interest and 32-year maturity (6-0-0)
- Approved resolution to advertise and sell up to $200,000,000 in Public Improvement Bonds, Issue of 2024 (6-0-0)
- Adopted minutes from the March 20, 2024, regular meeting
🗳️ How they voted (2 roll-call votes)
Board of Liquidation, City Debt
The Board of Liquidation, City Debt will meet to discuss the sale of city bonds. The board is considering a resolution for public improvement funding and a modification to a previous water revenue bond resolution.
- Proposed sale of not to exceed $200,000,000 Public Improvement Bonds, Issue of 2024
- Modification of a March 20, 2024 resolution regarding $90,000,000 Water Revenue Bonds
- Review of auditors' reports for March 2024 and April 2024
Board of Liquidation, City Debt
The regular monthly meeting scheduled for April 17, 2024, has been canceled because there is no business to come before the board. This is a procedural cancellation with no items to discuss or decide.
Board of Liquidation, City Debt
The Board granted preliminary approval for $90 million in Water Revenue Bonds and final approval for $43.9 million in Sewerage Service Revenue Bonds. These funds are designated for lead service line replacement, water meter replacement, and wastewater treatment plant rehabilitation.
- Approved preliminary resolution for Water Revenue Bonds not exceeding $90M (6-0)
- Approved final resolution for Sewerage Service Revenue Bonds not exceeding $38,948,200 (5-0)
- Approved final resolution for Sewerage Service Revenue Bonds not exceeding $5M (6-0)
- Rescinded a previously adopted amended resolution regarding the $90M Water Revenue Bonds (6-0)
- Adopted minutes from the November 15, 2023 meeting
🗳️ How they voted (6 roll-call votes)
Board of Liquidation, City Debt
The Board of Liquidation, City Debt will consider resolutions for the issuance of revenue bonds to fund city water and sewerage services. The meeting includes a preliminary resolution for water bonds and final approvals for two sewerage bond issuances.
- Preliminary resolution for Water Revenue Bonds not exceeding $90,000,000
- Final approval for Sewerage Service Revenue Bonds not exceeding $38,948,200
- Final approval for Sewerage Service Revenue Bonds not exceeding $5,000,000
Board of Liquidation, City Debt
The regular monthly meeting of the Board of Liquidation, City Debt scheduled for February 21, 2024, has been canceled because there is no business to come before the board.
Board of Liquidation, City Debt
The regular monthly meeting of the Board of Liquidation, City Debt scheduled for January 17, 2024, has been canceled. The board stated there was no business to come before them at this time.