Currency

A series exploring the highs and lows of Lafayette’s economy, providing critical commentary about what’s working and what’s not.

The parish is broke, and it’s a drag on the city’s finances

In the upcoming fiscal year the city general fund will bring in just over $100 million and end the year with a fund balance of almost $40 million. The parish general fund will bring in less than $12 million and end the year with a fund balance of about $100,000.

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News + Notes

How did Lafayette’s economy lose $10B of GDP?

Much of our GDP has been lost to an industry that seems unlikely to ever fully recover. And none of our industries are on pace to have the kind of billion-dollar growth our economy needs to get back on track.

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