The reason they wont buff Bard.
They wont buff him because then he would be an insane jungler. 
They wont buff him because then he would be an insane jungler. 
Patch 5.6:
Damage increased to 80 / 120 / 160 / 200 / 240 from 75 / 100 / 145 / 180 / 215. Cosmic Binding can no longer tether to unusual units such as Jarvan's Demacian Standard, Syndra's Dark Orbs, Jayce's Acceleration Gate, and Wards.
Cooldown reduced to 20 / 19 / 18 / 17 / 16 seconds from 26 / 24 / 22 / 20 / 18 seconds. Clicking on a Magical Journey portal is now more forgiving. Allies that go on a Magical Journey will grant Bard an assist on their kills for a short time afterwards. Clones (such as those created by Shaco, Leblanc, Mordekaiser and Yorick) can now be commanded to take a Magical Journey.
Patch 5.7:
Base attack damage increased to 52 from 46. Base armor increased to 25 from 21.
Ancient Chimes: mana restoration changed to (12% max mana) from 15 (+ 8% of missing mana). Meeps: spawn time reduced to 10 / 9 / 8 / 7 / 6 seconds from 12 / 11 / 10 / 9 / 8
Base magic damage increased to 80 / 125 / 170 / 215 / 260 from 80 / 120 / 160 / 200 / 240. Ability power ratio increased to (+65% AP) from (+50% AP)
He did got buffed, a lot.
He's probably one of the top 5 worst at it, and they have been buffing him already (it's unlikely they are done). Any buffs will help his Supporting far more than jungling; by the time they buffed him enough to be an "insane" jungler, he'd be 100% pick ban as a support!
He's better as an AD Laner on TT if anything.