Today the Bureau of Governmental Research (BGR) releases On the Ballot: New Orleans Property Tax Propositions, December 5, 2020. The report is intended to help New Orleans voters make an informed decision on three separate propositions to replace several City of New Orleans property taxes that expire at the end of 2021.
Although the replacement taxes would have the same combined millage rate as the existing taxes (5.82 mills), the propositions would change the tax dedications by increasing funding for infrastructure, housing and economic development, decreasing funding for public libraries, and adding early childhood education as a new permissible use for some of libraries’ tax revenue. The replacement taxes would take effect at the beginning of 2021 and run for 20 years until 2040.
BGR’s report analyzes the tax propositions based on a series of questions that address the efficient and effective use of public resources. Click here to access the report’s analysis and understand why BGR opposes the propositions.