The gist: Tuesday’s agendas are jam-packed, with 130 items across five meetings: the normal city, parish and joint council meetings plus two emergency meetings, one for the parish and one for the joint councils. There’s everything from updates and reports on a range of topics to big next steps on major road and sewer projects, to dozens of appointments to […]
Lafayette is facing a severe housing crisis, with thousands of people at risk of losing their homes. This crisis started before the pandemic, but the coronavirus and its impact on our economy has just added fuel to a fire that’s now threatening to rage through our community.
The gist: This week’s council meetings include a number of items that will tee up bigger projects and decisions to come affecting everything from sewer capacity and Vermilion flooding to how the budgeting process will work and how parks will operate.
The gist: Mayor-President Josh Guillory’s plan to allocate $850,000 to a small business grant program in partnership with LEDA is on hold as it awaits approval from the U.S. Department of Housing and Urban Development. Originally, the goal was for LCG and LEDA to start accepting applications by June 1, but that timeline has been delayed.
The gist: April sales numbers released by LEDA highlight the economic fallout from the state’s coronavirus lockdown. Total retail sales in the parish in March and April fell $112 million in 2020 when compared to the same months in 2019.
Before we break out the tar and feathers, we need to appreciate the context of Guillory’s budget cuts. Given the dire straits of the city’s financials, these cuts—and more—are arguably inevitable.
The gist: The city, parish and joint council meetings are relatively uneventful this week, though some moves are in the works on the city budget, bond sales and spending CREATE funds on parish parks.
The gist: A new economic forecast projects that the Lafayette metro area will lead the state in jobs lost from the first quarter of this year to the second. Modeling by economist Gary Wagner of UL Lafayette’s B.I. Moody III College of Business Administration shows the area recovering less than 10% of those jobs over the next 18 months.
Regardless of the merit’s of Mayor-President Josh Guillory small business forgivable loan program, the process he’s used doesn’t lead to good policymaking while ignoring our community’s looming housing crisis.
Lafayette’s city general fund is facing such large deficits that even zeroing out what critics call government waste won’t be enough to close the gap.
City Council members and the administration will go into executive session Tuesday to discuss the administration’s “legal strategy” for backing away from a lawsuit filed to stop several special taxing districts. The mayor-president and some council members are at odds over the issue. Less controversial decisions will be made on applying for millions in grants and continuing the process of splitting control of boards between the city and parish councils.
Even if the coronavirus wasn’t causing a global depression, Lafayette’s city and parish general funds would be in rough shape. But now shortfalls in revenue are going to force some painful cuts.