Johnston

Troy focuses his practice on municipal bonds, public finance, economic development incentives, and government relations.  He has represented cities, counties, community colleges, universities and other organizations across Mississippi.

• Public Finance
• Governmental Finance
• Public-Private Partnerships & Public Facilities
• Economic Development
• Government Relations

• $3,380,000 Yazoo County, Mississippi, General Obligation Refunding Bonds, Series 2010.
• $6,020,000 City of Laurel, Mississippi, General Obligation Refunding Bonds, Series 2010.
• $49,900,000 S.M. Educational Building Corporation Revenue Bonds, Series 2009 (Campus Facilities Improvements Project).
• $5,700,000 Rankin County School District, Rankin County, Mississippi, General Obligation Limited - Tax Notes, Series 2009.
• $1,216,200 City of Ellisville, Mississippi, Combined Water & Sewer Rural Development Revenue Bond, Series 2008.
• $343,000 City of Vicksburg, Mississippi, Tax Increment Financing Bonds, Series 2008A (Cypress Centre Marketplace, LLC Project).
• $90,000,000 MBFC Taxable Revenue Bond, Series 2008 (Caledonia Energy Partners, LLC Project).
• $10,800,000 MBFC Variable Rate Demand Revenue Gulf Opportunity Zone Bonds, Series 2006 (600 Concourse, LLC Project).
• Underwriter’s Counsel for $15,520,000 Certificates of Participation, Series 2009 (The University of Southern Mississippi Parking Facilities Construction Project).
• Trustee’s Counsel for $34,745,060 MBFC Taxable Industrial Development Revenue Bonds, Series 2009 (300 Renaissance, LLC Project).
• Underwriter’s Counsel for $18,605,000 Lost Rabbit Public Improvement District, Special Assessment Bond, Series 2008.

• BL Rankings, The Best Lawyers in America®
  • Public Finance Law, 2023-2025
• Thomson Reuters Super Lawyers®
  • Mid-South Super Lawyers, Government Finance, 2016-2017
  • Mid-South Rising Stars, Government Finance, 2012-2013
• Mississippi Municipal League (MML), General Counsel
• Leadership Mississippi, Class 2013

• Mississippi, 2003
• U.S. District Courts
• Mississippi: Northern, Southern
• U.S. Court of Appeals
• 5th Circuit

• Mississippi College, J.D., 2003
  • Moot Court Board
  • American Jurisprudence Award, Judicial Administration
• University of Southern Mississippi, M.B.A., 1997
• University of Southern Mississippi, B.A., Polymer Science, 1995

• Mississippi Bar Association
• American Bar Association
  • State and Local Government Section
• Capital Area Bar Association
• Madison County Bar Association
• National Association of Bond Lawyers
• Mississippi Municipal Attorneys Association
• Mississippi Economic Development Council

• Speaker, "Basic Municipal Finance," Mississippi Municipal League's 2025 Mid-Winter Legislative Conference, January 14, 2025.
• Presenter, "Mississippi Medical Cannabis Act," Mississippi Municipal League, March 28, 2022.
• Presenter, "American Rescue Plan Act Funding Webinar," Mississippi Municipal League, July 15, 2021.
• Presenter, “Issuing Bonds – The Rules,” CDFA Digital Training Institute, June 2020.
• Presenter, “Basic Municipal Finance,” Mississippi Municipal League Certified Municipal Officer Program, 2017-2020.
• Presenter, “School Bond Financings with Tax Credits,” East Mississippi Center for Educational Development, April 2019.
• Presenter, “2019 Legal Update,” Mississippi Association of County Board Attorneys CLE, January 2019. 
• Presenter, “Tools for Redevelopment,” Mississippi Municipal League, June 2018.
• Panelist, “Municipal Finance Opportunities,” Mississippi City Clerk Certification Program, 2012, 2018.
• Panelist, “Public Private Partnerships (P3s): Nuts and Bolts,” 86th Annual Conference, Mississippi Municipal League, July 25, 2017.
• Panelist, “After the Bond Closing: Keeping the SEC and IRS Away,” Mississippi Municipal League, June 2014. 
• Presenter, "Annual Disclosure Filing Requirements Related to Bond Issues," Mississippi Municipal League Summer Convention (June 2011).
• Author, “Municipal Finance, The Toolkit: Tools for Municipal Leaders,” co-authored with D. Grubbs, John C. Stennis Institute of Government, Mississippi State University and The Mississippi Municipal League (2011).