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.
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parish general fund
The general assumption has been that the parish is broke but the city is doing fine. When you dig into the latest budget, a more troubling reality emerges.
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The gist: LCG’s annual audit, presented this month to the City-Parish Council, revealed a worsening trend over the last fiscal year: The parish is out of money, while the city has a generous fund balance.
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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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