NEW ORLEANS (press release) — The Louisiana Policy Institute for Children in partnership with the Kathleen Babineaux Blanco Public Policy Center and B.I. Moody, III College of Business at the University of Louisiana Lafayette today released the report “Local Taxation in Louisiana: Alternatives for Local Public Support of Child Care”. This report provides an overview of local taxation options in Louisiana, focusing on the legal framework for generating new sources of revenue for early care and education and the capacity for parishes and municipalities to levy additional taxes at the local level.
“Local governments in Louisiana looking for new sources of funding to support child care can use this resource to explore alternatives and identify a solution that best fits the local needs,” said Stephen Barnes, PhD, Director of the Kathleen Babineaux Blanco Public Policy Center. “We encourage local leaders to use the report as a resource as a starting point to consider the local tax base, administrative capacity, how a tax could impact residents, and different methods for creating and structuring tax districts.”
Groups Offer Tax Strategies to Finance Child Care - Biz New Orleans
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