Monday, the South Lafourche Levee District (SLLD) approved a resolution to roll forward the millages collected for flood protection in the area.
The district collects two millages on property -- for levees, operation and maintenance, and improvements.
In 2015 the millage rates were set at 4.65 and 4.78 mils. Those rates allowed the levee district to collect $6,724,179.23 in fiscal year 2015.
The board of commissioners agreed to adjusted millage rates of 4.86 and 5.0 mils for the 2016 tax year.
Those rates are estimated to garner the levee district $7,035,135.00, an additional $310,956.00 over last year.
A mil is equal to $1 in tax per $1,000 in tax-assessed property value.
According to its budget statement, along with property tax, SLLD also collected $4,975,830 in sales tax revenue in the fiscal year ending June 30, 2016.
Additionally, the district received $3,224,633 in state grants in the last fiscal year.
SLLD General Manager Windell Curole expressed guarded satisfaction at the successes of the levee district as a result of its ability to fund projects out of its tax revenue base.
“I cannot say just how much better shape we are in now than last year,” he stated.
Over the last two years, SLLD has successfully raised most of the levee system surrounding the area, some sections to a height of 20-ft. above sea level.
Posted on Tue, September 13, 2016
by Buster Avera, Contributing Writer