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ALL BUT ONE SALES TAXING ENTITY DOWN

By: Ken Krefft • Contributing Columnist

The City of Shreveport deposited 1.5% more in October than a year ago. Its tally of $13,728,392 brings its YTD sum to $135,621,457, down 1.4% from 2023, when the 10-month collections were $137,551,546.

It uses the calendar year as its fiscal year and levies a 2.75% rate on its sales and use tax. It is the only NW LA entity to see a rise in this year's receipts vs last. 5 others fell.

The Caddo Parish School Board employs the July 1 to June 30 fiscal year mandated by LA law for all school boards. Its 4-month total of $36,023,157 lags 2023 by $1,050,768, or a 2.8% slip vs last year's first 4 months.

Its October figure, $9,140,966, is 1.1% below Oct 2023.

The Law Enforcement District of Caddo, the Sheriff, is running behind the prior year. It has a 0.35% rate and a calendar year fiscally. Its October sum, $2,131,665, falls 1.0% behind 2023. Its YTD receipts, $20,806,152, lag last year's $21,644,461 by $838,309, a 3.9% slide.

Bossier City-Parish continues below last year. Using a calendar fiscal year, its collections are $55,924,106, a 7.2% drop vs 2023, when it had garnered $60,281,528 in 10 months. Its October tally of $4,779,263 is a big 14.6% hit vs the $5,591,575 it collected a year before.

The Bossier Parish School Board stands 3.2% behind its 4-month figure a year ago, depositing $23,725,902 this year. Its October sum, $5,369,921, falls $959,370 less than its 2023 sum. This is a large drop of 15.2%.

The Bossier Parish Police Jury stands at $13,600,962 in its 10-month fiscal year total. Last year its figure in the like period was $15,526,830, a $1,925,868 decline, or 12.4%. Fractionally, its YTD figure is 7/8 of 2023's.