BATON ROUGE, Louisiana — A new report from a CPA firm hired by St. George organizers says the proposed new city in the southern part of East Baton Rouge Parish would not require new taxes to be levied to run the government.
Instead, the reports finds St. George would have a healthy budget surplus of at least $9 million, and the parish would suffer a deficit of $14 million, or 6 percent of their general fund revenues.
The Advocate reports (http://bit.ly/1H3uIL2) Wednesday's report is an effort to contrast a report released last year by opponents of the proposed city. That report found that St. George would have to raise property taxes by at least 20.5 mills to cover city operational costs and build schools to house the students living in the area.
Information from: The Advocate, http://theadvocate.com
All content copyright ©2015 Daily Journal, a division of Home News Enterprises unless otherwise noted.