Taxable sales in Lafayette Parish topped $714 million in May, the strongest May on record. So far this year, total receipts hit $3.5 billion.
To date, Lafayette Parish municipalities posted increases across the board:
- Lafayette – 0.6%
- Broussard – 0.8%
- Carencro – 5.6%
- Duson – 8.3%
- Scott – 0.9%
- Youngsville – 2.0%
Sales tax revenue projections influence the budgeting outlook for Lafayette Consolidated Government. Price inflation has pushed collections high, a boon for local governments on the revenue side. On the flip side, government costs have gone up.