$23 million bond proposal fails in Caddo Parish - KSLA News 12 Shreveport, Louisiana News Weather & Sports

$23 million bond proposal fails in Caddo Parish

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SHREVEPORT, LA (KSLA) -

Caddo parish voters clearly stated once again they do not want to pay anymore taxes.

A $23 million bond issue, to be paid for with a 1.75 mill property tax, failed by a wide margin during Saturday night's Louisiana Municipal elections.

Complete but unofficial results show the bond issue lost with 77% of the vote. As for voter turnout, unofficial estimates put it at just 5.6%.

Parish Administrator Dr. Woody Wilson earlier said the money would be used to take care of future capital needs of the parish. That would include maintaining the 22 parish facilities, 900 
square miles of parish streets and 178 parish bridges.

The history of this tax goes back about seven years. Caddo voters originally approved a 1.95 millage increase asked for by the parish back in 2007. In 2010, the parish lowered the millage to 1.75. When the tax was up for renewal back in October, it was voted down. Tonight's election would have put that 1.75 mill tax back in place.

Click here to see results from the rest of tonight's races from northwest Louisiana.

 

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