NEWS & ANNOUNCEMENTS

City of Monroe Receives Bond Commission Approval for Capital Investment Package

November 10, 2026

(Monroe, La.) – The City of Monroe has received approval from the Louisiana State Bond Commission for its proposed $110 million bond package, marking an important step toward advancing a capital investment program focused on infrastructure improvements and quality of life throughout the City.

The investment will be drawn down in two rounds, with $60 million planned for the first round to address immediate capital priorities, including street repairs, drainage improvements, and upgrades to city parks and recreation facilities. The package also includes dedicated funding for each City Council district to address priority projects and needs within their respective communities.

“Receiving approval from the Bond Commission is an important step in moving these investments forward,” said Mayor Friday Ellis. “We have heard from our residents about the improvements they want to see in their neighborhoods, and we are committed to delivering. Our focus is on turning those priorities into meaningful infrastructure investments that will have a lasting impact on our community.”

The bond ordinance will be presented to the Monroe City Council for consideration through a two-step approval process, beginning with an initial hearing followed by a final reading. City Council approval is required before the City can proceed with the next steps in the bond process.

The City will also host a series of community meetings to provide residents with information about proposed projects, explain the bond process, and offer opportunities for questions and public input. Additional details regarding the meetings will be announced as plans are finalized.

“We want our residents to understand not only what we are investing in, but how these projects will move forward,” Ellis said. “These community meetings will give us an opportunity to share information, answer questions, and continue engaging with the people and neighborhoods these investments are intended to serve.”

The four-year capital investment program is designed to address major infrastructure needs through a phased approach, with additional details on specific projects, funding allocations, and implementation timelines to be shared as the approval process advances.

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