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Parish to put capital bond back on the ballot - KTBS.com - Shreveport, LA News, Weather and Sports

Parish to put capital bond back on the ballot

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CADDO PARISH (KTBS) -

None of the propositions the Caddo Commission put on the ballot passed the Oct. 19 election. One requested around $23 million in capital bond money. The bond money was to be used to help maintain parish roads, buildings and other properties. However, the parish has millions in reserve, which they may have to tap into.

"I was disappointed that it didn't pass," Woody Wilson, the parish administrator, sighed.

Wilson says his staff and commissioners must resort to other plans to acquire the money needed for capital projects. However, Wilson plans to ask voters to pass the capital bond request again during next year's elections. He says there's no need for a special election and the parish will already be paying for the year's ballots.

"So, we look at what makes sense. If we're already going to have a scheduled election, then we just kind of see if that is going to work for us to put it back before the voters at that time because we're going to have it regardless if we go out or not," Wilson said.

If the bond request is denied once again, Wilson says the parish must rebalance its entire budget. He says some projects, like putting a new roof on the Caddo Correctional Facility, must be budgeted for and some things can be cut.

"Everything has a rippling effect. When there's insufficient funds in one area, we had to look at our core competencies first," Wilson said. "The core competencies are things that we are responsible for, for good government."

Wilson says the parish will look to its savings to fund some projects but not the reserve fund. He wishes to save in case of disaster.

"We don't know what will happen any major event," Wilson said. "Government's responsibility is to do what citizens can't do for themselves."

Instead, he'll ask commissioners to tap into the oil and gas fund. Wilson says that'll cause problems in other ongoing projects that fund pays for, like the research into the area wide water system and more.

"We may have to delay doing those things because that money that I use out of oil and gas funds will have to be directed towards things the bond money could have paid for," Wilson said.

The parish doesn't want that to happen. So, in the coming months Caddo voters may notice advertisements, informing them on why they should vote yes for the capital bond money.

 

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