Posted: Nov 4, 2011 6:13 AM by Lauren Wilson & AP
CONVENT, La. (AP) - Parish President Dale Hymel Jr. has submitted a $64 million budget for fiscal year 2012 to the St. James Parish Council.
In turning over his administration's final annual budget, The Advocate reports (http://bit.ly/vLCcdg) Hymel told the council Wednesday he took pride in leaving the parish in better financial shape than when he started working for parish government more than 20 years ago.
Hymel said that during the past two decades, parish millage rates decreased by 7.6 mills, translating into an annual $76 savings on a $175,000 residence with homestead exemption.
He said the parish sales tax has remained unchanged at 1 percent, while the parish's fund balance increased from $10.5 million on Dec. 31, 1991, to $41.8 million on Dec. 31, 2010.