GO (General Obligation) Bond (0.50 Mill)
This millage allows the parish to be as disaster independent as possible.
The General Obligation Bonds ensures the parish can immediately make emergency repairs following a major natural disaster, which qualifies for FEMA reimbursements. These funds can only be used for major road or drainage improvements. Without this bond, repairing infrastructure after storms would depend on federal aid, which can take years or may never happen, delaying recovery efforts. The parish surplus funds are dedicated by taxpayers for specific purposes, and must be used strictly where designated.
The GO Bond provides emergency funding on an as-needed basis. The library millage was reduced by 0.50, and replaced with this 0.50 mill GO Bond that will be used for major drainage and emergency situations, if needed. There is no millage increase – just smarter business management.