ALL NW LA SALES TAXES ARE DOWN!
By: Ken Krefft • Contributing Columnist
Each of the 6 major NW LA sales taxing jurisdictions shows a decrease in its September 2024 sales taxes compared to 2023. The 3 Bossier entities reflect big declines while the 3 Caddo bodies have lesser drops.
The City of Shreveport has a 2.75% sales and use tax rate. Its September collections indicate $13,356,316 vs $14,236,166 last year. This represents a 6.2% fall.
Its year-to-date figure is 1.7% behind 2023 with total deposits of $108,536,750. Its 2023 9-month figure was $109,785,771. It follows a calendar fiscal year.
The Caddo Parish School Board levies a 1.5% rate of sales tax. It follows a July 1 thru June 30 fiscal year.
Its 3-month figure received is $26,882,189. In 2023, its tally was $27,827,623. In the initial quarter of its current fiscal year, it is thus 3.4% less than last year.
The Law Enforcement District of Caddo, that is, the sheriff, charges a 0.35% sales and use tax. It uses a calendar year in financial transactions. It reflects $2,034,085 in September collections. Its prior year September total was $2,172,395. This downturn is 5.4% behind last year. Its YTD sum of $18,674,487 is 4.2% under last year's YTD figure of $19,471,956.
Bossier City-Parish is running behind 2023. Using a calendar fiscal year, its receipts of $5,353,417 trail September 2023's $5,919,095 and are 9.6% behind.
Its YTD total of $55,552,761 lags the $60,609,048 a year back, representing an 8.3% YTD drop vs 2023.
The Bossier Parish School Board after 3 months of its present fiscal year is far below last year. It has September receipts of $5,546,506, 13.7% less than last year. Its fiscal quarter's $16,605,430 is 13.5% behind the $19,192,129 it deposited one year ago.
The Bossier Parish Police Jury follows a calendar fiscal year. Its September tally is $1,132,454 is a big 25% drop from last year's $1,510,424. Its YTD sum of $11,476,089 reflects a 17.8% decrease in comparison with the $13,958,811 in 2023's total.