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LMR_October FINAL 2018

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Mid Term Elections Preview<br />

Mid-Term Elections Preview<br />

Early voting will take place from <strong>October</strong> 23-30 for the November 6, <strong>2018</strong> mid-term elections.<br />

Secretary of State<br />

Kyle Ardoin Baton Rouge Republican Male<br />

Heather Cloud Turkey Creek Republican Female<br />

'Gwen' Collins-Greenup Clinton Democrat Female<br />

A.G. Crowe Pearl River Republican Male<br />

'Rick' Edmonds Baton Rouge Republican Male<br />

Renee Fontenot Free Baton Rouge Democrat Female<br />

Thomas J. Kennedy, III Metairie Republican Male<br />

Matthew Paul 'Matt' Moreau Zachary No Party Male<br />

Julie Stokes Metairie Republican Female<br />

U.S. Representative - 1 st Congressional District<br />

Lee Ann Dugas Kenner Democrat Female<br />

'Jim' Francis Covington Democrat Male<br />

Frederick 'Ferd' Jones Ponchatoula Independent Male<br />

Howard Kearney Mandeville Libertarian Male<br />

Tammy M. Savoie New Orleans Democrat Female<br />

Steve Scalise Jefferson Republican Male<br />

U.S. Representative - 2 nd Congressional District<br />

Belden 'Noonie Man' Batiste New Orleans Independent Male<br />

Cedric Richmond New Orleans Democrat Male<br />

Shawndra Rodriguez Baton Rouge No Party Female<br />

Jesse Schmidt Gretna No Party Male<br />

U.S. Representative - 3 rd Congressional District<br />

'Rob' Anderson DeQuincy Democrat Male<br />

Aaron J. Andrus Westlake Libertarian Male<br />

'Josh' Guillory Lafayette Republican Male<br />

Clay Higgins Lafayette Republican Male<br />

Mildred 'Mimi' Methvin Lafayette Democrat Female<br />

Larry Rader New Iberia Democrat Male<br />

Verone Thomas Lake Charles Democrat Male<br />

U.S. Representative - 4 th Congressional District<br />

Mark David Halverson Bossier City No Party Male<br />

'Mike' Johnson Bossier City Republican Male<br />

Ryan Trundle Shreveport Democrat Male<br />

U.S. Representative - 5 th Congressional District<br />

Ralph Abraham Archibald Republican Male<br />

Billy Burkette Pride Independent Male<br />

Jessee Carlton Fleenor Loranger Democrat Male<br />

Kyle Randol Monroe Libertarian Male<br />

U.S. Representative – 6 th Congressional District<br />

Justin Dewitt Baton Rouge Democrat Male<br />

Devin Lance Graham Gonzales Independent Male<br />

Garret Graves Baton Rouge Republican<br />

'Andie' Saizan Springfield Democrat<br />

26 th Senatorial District<br />

10 th Representative District<br />

Jerry Gaspard Abbeville Republican Male<br />

'Bob' Hensgens Gueydan Republican Male<br />

Jean Menard Church Point Democrat Female<br />

Wayne McMahen Springhill Republican Male<br />

33 rd Representative District<br />

'Les' Farnum Sulphur Democrat Male<br />

Teri A. Johnson Sulphur Democrat Female<br />

Stuart Moss Sulphur Republican Male<br />

90 th Representative District<br />

Mary DuBuisson Slidell Republican Female<br />

Brian Glorioso Slidell Republican Male<br />

Sean Morrison Slidell Democrat Male<br />

John Raymond Slidell Republican Male<br />

CONTINUED FROM PAGE 16:<br />

TREASURY NOTES<br />

$2.5 million. There is no state tax break or<br />

state match for the K-12 program, but there<br />

are federal tax advantages.<br />

At the end of the last year there were 59,774<br />

START accounts and $841 million in assets.<br />

If you don’t already have a START account,<br />

I highly encourage you to consider opening<br />

one. For more information, visit www.<br />

startsaving.la.gov or email start@la.gov today.<br />

CONTINUED FROM PAGE 17:<br />

REFUNDING<br />

lower rates to pay off their older bonds and<br />

realize those annual savings. Most bonds<br />

have a “lock-out” period of ten years from<br />

the beginning. However, prior to the Act,<br />

the Federal government would allow the<br />

City to refinance during the lock-out period<br />

once during the life of the bond. This was an<br />

advance refunding. Since this is no longer<br />

allowed by the Act, some cities are not able<br />

to achieve savings and are stuck with their<br />

current debt payments. With municipal<br />

bond rates still at all time lows, this means<br />

billions of dollars of bonds are unable to be<br />

refinanced, thus the loss of millions of dollars<br />

in savings for local governments.<br />

"We’d like to get Congress to put advance<br />

refundings back on the table,” said NLC<br />

President Mark Stodola, the mayor of Little<br />

Rock, Ark. “It’s big money to every city.”<br />

Stodola said he was able to give workers in<br />

his city a raise last year because of the $1.5<br />

million in savings it realized from a 2017<br />

advance refunding.<br />

In contrast, Stodola reports that Little Rock<br />

is going to have to come up with an extra $3<br />

million or $4 million to balance the budget<br />

this year because revenues are not as much<br />

as had been projected.<br />

The NLC recommends that local governments<br />

speak to their U.S. Congressmen for help in<br />

changing this part of the Act.<br />

Page 20<br />

<strong>LMR</strong> | <strong>October</strong> <strong>2018</strong>

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