Quantcast

Caddo Parish gets major credit award - KTBS.com - Shreveport, LA News, Weather and Sports

Caddo Parish gets major credit award

Posted: Updated:
SHREVEPORT, La. (KTBS) -

 

Caddo Parish officials have something to celebrate this week and the parish's citizens do, as well. 


It was announced this week that Standards and Poor's has awarded the parish with a AAA credit rating for general bonds. Caddo's government is the first in Louisiana to manage its money well enough for such an honor. The rating could allow parish officials to issue bonds on an extremely low interest rates, which makes paying them back easier for citizens.


"Well, if we can now get lower interest rates on those bonds, that's less money we would, potentially, need from the taxpayers to pay off the bond," Erica Bryant, parish director of finance, said. "The taxpayer would have to pay less in interest."


Parish officials stress that bonds help them keep oil and gas reserve money, which they spend on projects that inspire economic growth and could potentially create jobs.

 

  • News NowMore>>

  • Shreveport ostal worker admits to stealing DVDs, cash

    Shreveport ostal worker admits to stealing DVDs, cash

    Saturday, August 23 2014 5:13 AM EDT2014-08-23 09:13:33 GMT
    Federal prosecutors say a U.S. Postal Service mail carrier from Shreveport has pleaded guilty to stealing Netflix DVDs and money.
    Federal prosecutors say a U.S. Postal Service mail carrier from Shreveport has pleaded guilty to stealing Netflix DVDs and money.
  • State: 2 new chikungunya cases, no dengue in Louisiana

    State: 2 new chikungunya cases, no dengue in Louisiana

    Saturday, August 23 2014 5:04 AM EDT2014-08-23 09:04:47 GMT
    State health officials report two new cases of chikungunya fever but none of dengue fever in Louisiana.
    State health officials report two new cases of chikungunya fever but none of dengue fever in Louisiana.
  • Shreveport man seriously injured during domestic-related shooting

    Shreveport man seriously injured during domestic-related shooting

    Saturday, August 23 2014 2:37 AM EDT2014-08-23 06:37:43 GMT
    A Shreveport man is critically injured early Saturday morning after a visit to his girlfriend's apartment leads to gunfire.
    A Shreveport man is critically injured early Saturday morning after a visit to his girlfriend's apartment leads to gunfire.
  • ArkLaTex SlideshowsMore>>

  • ArkLaTex Adoptable Pets

    ArkLaTex Adoptable Pets

    Friday, August 22 2014 5:24 PM EDT2014-08-22 21:24:12 GMT
    There are lots of animals in the Ark-La-Tex who are looking for that perfect home.
    There are lots of animals in the Ark-La-Tex who are looking for that perfect home.
  • SPD Vice operation nets more than a dozen arrests

    SPD Vice operation nets more than a dozen arrests

    Thursday, August 21 2014 5:01 PM EDT2014-08-21 21:01:06 GMT
    More than a dozen people were arrested following a prostitution sting conducted by the Shreveport Police Department's Vice Unit.
    More than a dozen people were arrested following a prostitution sting conducted by the Shreveport Police Department's Vice Unit.
  • UPDATED: More BACK TO SCHOOL Pictures 2014

    UPDATED: More BACK TO SCHOOL Pictures 2014

    Wednesday, August 20 2014 5:23 PM EDT2014-08-20 21:23:14 GMT
    2014 Back to School cuties ! Still time to send them to in to #KTBSBTS and UShare@ktbs.com
    2014 Back to School cuties ! Still time to send them to in to #KTBSBTS and UShare@ktbs.com
  • Assignment EducationMore>>

  • Caddo's school nutrition program meet standards

    Caddo's school nutrition program meet standards

    Friday, August 22 2014 7:54 PM EDT2014-08-22 23:54:22 GMT
    Caddo's nutrition program is meeting tough standards .School leaders met Friday with officials from the USDA Food and Nutrition Service.
    Caddo's nutrition program is meeting tough standards .School leaders met Friday with officials from the USDA Food and Nutrition Service.
  • Caddo Parish school board member withdraws from race

    Caddo Parish school board member withdraws from race

    Friday, August 22 2014 7:40 PM EDT2014-08-22 23:40:31 GMT
    A Caddo parish school board member has withdrawn his name from the race and decided not to seek re-election.
    A Caddo parish school board member has withdrawn his name from the race and decided not to seek re-election.
  • Healthy Green and Into the Outdoors: An online discussion about what's on the menu at school

    Healthy Green and Into the Outdoors: An online discussion about what's on the menu at school

    Thursday, August 21 2014 5:00 PM EDT2014-08-21 21:00:19 GMT
    Our latest KTBS 3 NewsHealthy Green Into the Outdoorsweb forum shines the spotlight on healthy options in schools. 
    Our latest KTBS 3 NewsHealthy Green Into the Outdoorsweb forum shines the spotlight on healthy options in schools. 
  • NationalMore>>

  • Wash. flash floods, mudslides damage several homes

    Wash. flash floods, mudslides damage several homes

    Saturday, August 23 2014 3:45 AM EDT2014-08-23 07:45:26 GMT
    An estimated 10 homes were damaged or destroyed and highways were blocked as heavy rains unleashed mudslides in an area of north-central Washington where hillsides have been left barren by wildfires.
    An estimated 10 homes were damaged or destroyed and highways were blocked as heavy rains unleashed mudslides in an area of north-central Washington where hillsides have been left barren by wildfires.
  • Streets of Ferguson stay calm after violent nights

    Streets of Ferguson stay calm after violent nights

    Saturday, August 23 2014 3:45 AM EDT2014-08-23 07:45:15 GMT
    Ferguson's streets were peaceful for a third night as tensions between police and protesters continued to subside after nights of violence and unrest erupted when a white police officer fatally shot an unarmed...
    Ferguson's streets were peaceful for a third night as tensions between police and protesters continued to subside after nights of violence and unrest erupted when a white police officer fatally shot an unarmed black...
  • Thousands to march against NY chokehold death

    Thousands to march against NY chokehold death

    Saturday, August 23 2014 2:04 AM EDT2014-08-23 06:04:54 GMT
    Organizers expect up to 5,000 people to attend a march protesting the death of an unarmed black man who died after being placed in a chokehold by a white New York police officer.
    Thousands of marchers are expected to protest the death of an unarmed black man who was placed in a chokehold by a white New York police officer.
  • KTBS 3 News Tips

    Send your news tip or story idea to the KTBS 3 Newsroom.  Enter your email address below to get started.

    * denotes required fields
    We're sorry, but only one entry is allowed per person.
    Thank you for your continued interest.

    Thank you for your submission to KTBS 3 News.  A member of our staff may contact you for more information.

Share Your Images
Powered by WorldNow
    Powered by WorldNow
    All content © Copyright 2000 - 2014 Worldnow and KTBS. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
    Advertising | EEO Public File | KTBS 3 Public File | KPXJ 21 Public File