Louisiana

Turnout was less than 14% during Saturday's voting where only one constitutional amendment out of four was approved.

Louisiana voters will decide Nov. 13 on constitutional amendments that affect how income taxes are calculated and sales taxes are collected.

“A year after two devastating hurricanes, Calcasieu Parish is struggling to rebuild because FEMA works at the pace of a snail,” says Treasurer John Schroder.

Long-term damage to municipal credits in the powerful hurricane’s path is not likely, according to early reports from analysts.

A new administration in Washington and the power of coastal atmospheric patterns may boost wind-turbine electricity generation in the Southeast.

The city faced significant challenges finishing its annual comprehensive financial report as a result of a cyberattack, an overhaul of financial systems and managing through the COVID-19 pandemic.

The company's $200 million capital investment is expected to create more than 1,000 jobs in the city.

States are well-positioned to emerge from COVID-19, the investment firm said in its annual grading.

The Investment Company Institute reported another week of inflows, $800-plus million, as participants focus on that part of the market as an indicator of how munis will fare during tax season.

Louisiana and NASA are looking at creating a “Space Campus” in New Orleans out of an existing NASA assembly facility to drive economic development.

Moody's affirmed the state's general obligation bonds at Aa3, and credited it with significant long-term progress in restoring financial reserves and liquidity.

No rate hikes in sight as employment continues to struggle and inflation should rise this year, but not enough to force the Fed to raise rates.

The $136 million refunding is also backed by the state's appropriation pledge; a political dispute over how to handle unclaimed property was resolved last year.

City Council reservations torpedoed Mayor Adrian Perkins' request to ask voters for $207 million of general obligation bond authority.

The upgrade precedes the sale of $202 million of taxable refunding bonds next week.

Mayor Adrian Perkins put the bond proposals before the City Council and asked for a vote on a special April 24 election on four bond referendums.

The state will use a public-private partnership to replace the 68-year-old Interstate 10 bridge over the Calcasieu River between Westlake and Lake Charles.

The treasurer was released from the hospital Friday after being treated for COVID-19. Louisiana, like most of the country, is seeing a sharp increase in cases.

John Schroder, the Louisiana treasurer who also chairs the state bond commission, has been hospitalized with the coronavirus.

Paying post-petition bond interest to an unsecured creditor during the archdiocese's Chapter 11 bankruptcy is unusual, attorneys say.