If approved by voters in the Nov. 4 election, the proposed new taxes will fund 30-year bonds generating about $950 million, (Holden’s chief administrative officer, Walter) Monsour said.
Councilman Wayne Carter, who is challenging Holden for mayor in the Oct. 4 primary, said he thinks the proposed tax vote was deliberately delayed until Nov. 4 so it wouldn’t influence the primary. “I find it strange that we’re raising taxes in an environment that has one of the biggest surpluses in the city’s history,” Carter said.
Councilwoman Lorri Burgess, who has opposed the mayor on a number of issues over the past three years, expressed concern the city-parish is “bonding everything” and future generations will be stuck with the bill.
