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Mar 11, 2013 8:50 AM by AP

Tax hike on May 4 ballot in Terrebonne Parish

HOUMA, La. (AP) - As Terrebonne Parish voters ponder whether to raise the property tax collected for schools, officials are laying out plans for construction and renovation projects the increase would pay for.

The school board wants to increase the property tax it collects by 31 mills. The issue is on the May 4 ballot.

The tax costs the owner of a $150,000 house about $67 a year now; the increase, if approved, would add another $232 to the bill.

The board is set to approve a spending plan at its Tuesday meeting.

The board's Finance Committee has determined that 11 of the 31 mills would go to construction and renovation projects.

The 11 mills would raise enough money to pay for about $120 million in building projects.

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Information from: The Courier, http://www.houmatoday.com

 

 

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