News - Local
Lafayette council to decide tax vote
Posted: Jan 24, 2012 9:24 AM by AP
LAFAYETTE, La. (AP) - Lafayette voters could be asked as early as April to approve a new half-cent sales tax dedicated to funding the police and fire departments.
The Advocate reports the City-Parish Council is scheduled to vote Tuesday on whether to put the measure on an April 21 ballot.
The city-parish administration floated the idea last week of a tax swap, exchanging 5 mills in current property taxes that support public safety with a new half-cent sales tax.
The net revenue increase for the city would be about $10 million, because the city would gain about $16 million a year from the sales tax but lose about $6 million.
The council could also choose to ask voters to keep the property tax in place.
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