Board of Liquidation, City Debt (New Orleans) public meetings in 2025

Board of Liquidation, City Debt

The Board of Liquidation, City Debt for New Orleans canceled its regular monthly meeting scheduled for December 17, 2025, because no business was scheduled to come before the board at this time.

Board of Liquidation, City Debt

The Board approved the 2026 budget and resolved to keep the millage rate at 14.5 mills. It also awarded professional service contracts for bond counsel, municipal advisors, and auditing for the 2026-2028 term. Discussions were held regarding a vacancy on the Sewerage and Water Board of New Orleans, but no action was taken.

• Adopted 2025 Louisiana Audit Compliance Questionnaire Resolution (5-0)
• Adopted 2026 Budget Resolution with anticipated revenue of $112,750,614 (5-0)
• Adopted 2026 Millage Levy Resolution maintaining rate at 14.5 mills (5-0)
• Selected Foley & Judell as primary bond counsel and Auzenne & Associates as co-bond counsel for 2026-2028 (5-0)
• Selected PFM Financial Advisors LLC as primary Municipal Advisor and CLB Porter as co-Municipal Advisor for 2026-2028 (5-0)
• Selected Paciera Gautreau & Priest, LLC (including DBE firm E. K. Lozano & Company) as Independent Auditor for 2026-2028 (5-0)
• Adopted minutes from October 15, 2025 meeting (5-0)

Board of Liquidation, City Debt

The Board of Liquidation, City Debt will meet to discuss and adopt the 2026 budget and a millage levy resolution to service general obligation bonded debt. The board will also select an Independent Auditor, Bond Counsel, and Financial Advisor for a contract term running from January 1, 2026, to December 31, 2028.

• 2026 Budget Resolution
• 2026 Millage Levy Resolution for general obligation bonded debt
• Selection of Independent Auditor, Bond Counsel, and Financial Advisor (2026-2028)
• Discussion of a syndicate member vacancy on the Sewerage and Water Board of New Orleans
• 2025 Louisiana Audit Compliance Questionnaire Resolution

Board of Liquidation, City Debt

The Board adopted a resolution to issue and sell up to $91 million in Water Revenue Bonds. The funds are designated for lead water service line replacement and repairs to the Carrollton Treatment Plant bulk chemical feeder. The resolution will now be submitted to the State Bond Commission.

• Adopted resolution for issuance and sale of up to $91,000,000 in Water Revenue Bonds (6-0)
• Adopted minutes from the August 20, 2025 meeting
• Ordered August and September 2025 monthly audit letters filed

Board of Liquidation, City Debt

The Board of Liquidation, City Debt will meet to discuss the issuance and sale of water revenue bonds. This funding involves an application to the State Bond Commission.

• Proposed issuance and sale of up to $91,000,000 of Water Revenue Bonds of the City of New Orleans

Board of Liquidation, City Debt

The regular monthly meeting scheduled for September 10, 2025, has been canceled. The document states there was no business to come before the Board.

Board of Liquidation, City Debt

The Board approved three City Council resolutions to call for special elections on November 15, 2025, to authorize debt for capital projects. The Board also approved a draft of the BOLCD Handbook regarding staff evaluations and salary structures.

• Approved Resolutions R-25-425, R-25-426, and R-25-427 for November 15, 2025 special elections (5-0)
• Authorized bond propositions for $45M in affordable housing, $50M for drainage/stormwater, and $415M for public infrastructure (5-0)
• Approved draft BOLCD Handbook including staff evaluation forms, job descriptions, and salary structure (5-0)
• Adopted minutes from the June 18, 2025 regular meeting

Board of Liquidation, City Debt

The Board of Liquidation, City Debt will consider resolutions to call special elections on November 15, 2025, to authorize new debt and bond issuance. The board will also review a draft of the BLCD Handbook regarding staff evaluations and salary structures.

• Resolutions R-25-425, R-25-426, and R-25-427 regarding special elections on November 15, 2025
• Draft of the BLCD Handbook including salary structure and job descriptions
• Auditors’ reports for May 2025 and June 2025

Board of Liquidation, City Debt

The regular monthly meeting of the Board of Liquidation, City Debt scheduled for July 16, 2025, has been canceled. The notice states there is no business to come before the Board at this time.

Board of Liquidation, City Debt

The Board re-elected its President and Vice President and recommended a member for the Sewerage and Water Board of New Orleans. The Board also authorized the preparation of requests for proposals to solicit new auditors, bond counsel, and financial advisors.

• Re-elected Ralph Johnson as President and Poco Sloss as Vice President (5-0)
• Recommended Amy Woodfin to the Mayor for a seat on the Sewerage and Water Board of New Orleans (5-0)
• Authorized preparation of RFPs for auditors, bond counsel, and financial advisors (5-0)
• Adopted minutes from the November 22, 2024 special meeting

Board of Liquidation, City Debt

The Board of Liquidation, City Debt will elect a President and Vice President for a one-year term starting July 1, 2025. It will also recommend a replacement for a Sewerage and Water Board member whose term ends December 31, 2027. The board will authorize a request for proposals to hire auditors, bond counsel, and financial advisors.

• Elect President and Vice President (July 1, 2025–June 30, 2026)
• Recommend replacement for Sewerage and Water Board member (term ending 12/31/2027)
• Authorize RFP for auditors, bond counsel, and financial advisors

Board of Liquidation, City Debt

The Board of Liquidation, City Debt for New Orleans canceled its regular monthly meeting on May 21, 2025, because a quorum was not present. The board, which oversees city debt, did not conduct any business or take any votes.

Board of Liquidation, City Debt

The Board of Liquidation, City Debt will meet to select a President and Vice President for the term starting July 1, 2025. The board will also recommend a replacement member for the Sewerage and Water Board of New Orleans. Additionally, the body will discuss soliciting professional services for the board.

• Selection of President and Vice President for term July 1, 2025, through June 30, 2026
• Recommendation to the Mayor for a Sewerage and Water Board of New Orleans member replacement
• Authorization of RFPs for auditors, bond counsel, and financial advisors
• Approval of November 22, 2024, special meeting minutes
• Filing of auditors' reports for October 2024 - March 2025

Board of Liquidation, City Debt

The Board of Liquidation, City Debt canceled its regular monthly meeting for April 2025 due to no business items on the agenda. The meeting was scheduled for April 16, 2025, but has been called off with no decisions or discussions to report.

Board of Liquidation, City Debt

The regular monthly meeting of the Board of Liquidation, City Debt scheduled for March 19, 2025, has been canceled. The notice states there is no business to come before the Board at this time.

Board of Liquidation, City Debt

The Board gave final approval for a $66 million Water Revenue Bond for lead service line replacement. It also authorized a negotiated sale process for up to $185 million in Public Improvement Bonds.

• Approved final issuance of Water Revenue Bonds not exceeding $66,000,000 (6-0)
• Approved resolution to solicit underwriters for a negotiated sale of Public Improvement Bonds not exceeding $185,000,000 (6-0)
• Adopted minutes from the November 19, 2025 regular meeting

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 notice was issued on February 11, 2025.

Board of Liquidation, City Debt

The regular monthly meeting of the Board of Liquidation, City Debt scheduled for January 15, 2025, has been canceled. The notice states there is no business to come before the Board at this time.