Currency

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

Robideaux’s ‘mission accomplished’ optimism obscures a troubling reality

The mayor-president believes Lafayette is in its best financial position ever. His optimism overlooks flatlining property tax revenue.

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When up is down in Lafayette’s retail sector

Lafayette’s retail sales are on the rise after a string of bad years. But we still have a long way to go.

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Those rosy unemployment numbers don’t tell the whole story

An improving unemployment rate offers an incomplete picture. Fewer people aren’t unemployed. Fewer people are working.

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What happens when a Walmart dies?

Walmart’s decision shines a light on serious issues with no easy answers.

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Retail and home sales up, unemployment down, but there’s more to this story

Recent headlines indicate 2018 might be the year our economy started recovering. But there’s ample evidence that any optimism should be guarded given the situation our economy’s in.

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Robideaux’s library accusations are not grounded in fact

The mayor-president has accused the library system of defrauding taxpayers to the tune of $21 million dollars. Unfortunately for his credibility, the facts don’t back up his claims.

Continue 13 min read
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Moving library money only looks like a good idea

Mayor-President Robideaux wants to rededicate $18 million from the library’s fund balance to pave roads and clean coulees, but there are hidden costs that must be accounted for.

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New federal data peers deeper into Lafayette’s economy, and it’s not good

New county-level economic data from the federal government paints a scary and precise picture of Lafayette’s economic decline.

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2018: The best year for tech and the worst year for taxes

With big news at Waitr bookending our first year publishing, beginning with its blockbuster sale to a Texas billionaire and ending with CEO Chris Meaux ringing the Nasdaq bell, 2018 has been a year of extremes.

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The sheriff’s tax shoots the moon. His ambition could cost him.

How Sheriff Mark Garber’s sales tax attempts to solve all his financial troubles in one fell swoop, at the risk of failure.

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What’s next after NextGEN

On Monday, NextGen withdrew their offer to manage LUS hours before the Council voted against considering any deal like it. So now what?

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Why we need to fix the status quo for funding our courthouse and jail

On Nov. 6th we vote on whether to increase taxes for our parish courthouse and jail or instead to maintain the status quo. But the status quo is broken. Here’s why.

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