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re: West Monroe High School football stadium expansion...
Posted on 1/25/16 at 6:18 pm to OU812
Posted on 1/25/16 at 6:18 pm to OU812
I hope WM and their school board get their bond financing locked down sooner rather than later.
The state and local municipalities, including school boards, are about to be under significant financial pressure when it comes to renewing debt or having new debt issued.
Also, tax initiatives that go to the polls are unlikely to pass given current economic indicator in Louisiana.
All that said, at one time WM had the premier booster club in the state and raised significant money for projects...It has been 15 years since I knew the players that ran that booster club.....but WM took it very, very seriously and had little reliance on bond financing for projects.
Bastrop significantly upgraded their facilities a decade or so ago...no booster club support and had to go almost all bonds.
The state and local municipalities, including school boards, are about to be under significant financial pressure when it comes to renewing debt or having new debt issued.
Also, tax initiatives that go to the polls are unlikely to pass given current economic indicator in Louisiana.
All that said, at one time WM had the premier booster club in the state and raised significant money for projects...It has been 15 years since I knew the players that ran that booster club.....but WM took it very, very seriously and had little reliance on bond financing for projects.
Bastrop significantly upgraded their facilities a decade or so ago...no booster club support and had to go almost all bonds.
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