Simmesport, Louisiana
“The Town of Simmesport received the top honor from the Louisiana Municipal Association for its Crisis and Recovery Plan. Simmesport was selected by the LMA for first place in the Economic Development category among municipalities under 3,000 population for its innovation financial. plan to clear over half a million dollars in debt. In cooperation with Sustainability Partners, Simmesport was not only able to install wireless water meters, but also pay off over $612,000 in debt. Some of this debt put Simmesport in serious jeopardy and well over half of the debts were incurred by previous administrations. Working with the leading-edge and ingenious financing solutions from Sustainability Partners, Simmesport was able to eliminate this debt and the financing used to obtain the funds for this does not count as debt on the Town’s finances. … Simmesport would also like to thank Sustainability Partners for their help in building this cooperative endeavor and for their commitment to the financial growth and quality of life for the citizens of Simmesport.”
