The parish budget is short a parking garage

The gist: Both the current budget and the proposed budget were balanced assuming that the parish has sold a Downtown parking garage to the city for $770,000. That sale hasn’t happened yet.

“As it stands right now, we’d have to amend the budget to cut costs,” says Councilman Bruce Conque. Conque raised the parking garage issue in a review of the parish general fund at Tuesday’s council meeting. The parish general fund’s current balance is in the red $176,099, pending some remaining audits. An ordinance to transfer money from the city to parish budget to execute the garage purchase was deferred last month. Conque pressed Chief Administrative Officer Lowell Duhon on the administration’s efforts to sell the crumbling garage, located near the parish courthouse Downtown, ahead of the close of the budget process. Filling in for a briefly absent Robideaux, Duhon said the administration was working to get something done ASAP.

There’s a tight window to balance that budget. The council will vote to approve next year’s budget in a couple of weeks. Theoretically, if a sale isn’t underway, the council would be approving an unbalanced budget. The end of the fiscal year is Oct. 31. It’s worth noting that even if the sale goes through and revenues move as planned, the parish general fund is estimated to finish 2019 with just $104,000 in the bank.

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