Bond Commission
| Name | Bond Commission |
| Contact Person | Lela M. Folse - Director |
| Mailing Address |
Post Office Box 44154 Baton Rouge, LA 70804 |
| Phone Number | 225-342-0040 |
| Fax Number | 225-342-0064 |
| Board Email | lfolse@treasury.la.gov |
| Website | https://www.treasury.la.gov/ |
| Legal Authority | Art VII Sect 8 -1974 Const & R.S. 39:1401-1410 |
| Year Created | 1974 |
| Organizational Placement | Department of Treasury |
| Purpose/Function | The State Bond Commission was created to centralize and administer the incurring of state and local debt. |
| Number of Entity Members: |
Number Authorized: 14
Number Currently Serving: 14 |
| Number of Entity Meetings: |
Actual number in prior year: 15
Estimated number in current year: 13 |
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The Entity is: Active Inactive Not fully organized Disbanded Never fully organized |
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Do members receive per diem, salaries, and/or travel expense reimbursements? Yes No |
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Excluding member per diem, salaries, and travel expense reimbursements, does the entity receive or expend funds? Yes No |
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Entity Member Per Diem: Amount Authorized: $175 per meeting per meeting day per day spent on board business None |
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Total entity member per diem: Prior year actual: $0.00 Current year budgeted: $0.00 |
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Entity Member Salaries: Prior year actual: $0.00 Current year budgeted: $0.00 |
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Entity Member Travel Expense Reimbursement: Prior year actual: $0.00 Current year budgeted: $0.00 |
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Number and Type of Authorized Employee Positions: Classified: 0 Unclassified: 0 Part-time: 0 |
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Entity Fiscal Year End: 4/30 7/31 10/31 Other (identify date) 6/30 9/30 12/31 None |
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Participation in State Employee Benefit Programs: Employees: participate in state retirement system(s) and/or state group insurance program(s) do not participate in state benefit programs Members: participate in state retirement system(s) and/or state group insurance program(s) do not participate in state benefit programs |
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A state agency provides: (Check all that apply and identify the state agency)
Per Diem Payments State Agency: Department of Treasury Travel Reimbursements State Agency: Department of Treasury Other (explain) State Agency: |
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Is this entity a budget unit or included within a budget unit of the State of Louisiana as defined by LSA-R.S. 39:2? Yes No If yes, identify the budget unit and the budget schedule number below: Budget Unit Name: Budget Schedule Number: |
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| Notes | R.S. 39:1404 provides the organization of a State Debt Management section within the Office of the State Treasurer to assist the State Treasurer in carrying out his role for the Bond Commission. |