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Lafayette Officials Support Ending the Inventory Tax. But the State's Payout Doesn't Come Close to Covering What the Parish Would Lose.
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Lafayette Officials Support Ending the Inventory Tax. But the State's Payout Doesn't Come Close to Covering What the Parish Would Lose.
Lafayette collected $28M in inventory taxes last year. Amendment 4's state payout maxes out at $15M. Lafayette's local officials will have to bridge the rest. Continue reading…
Lafayette officials still want to end inventory tax. But it will cost them.
This story originally appeared in 2025. It has been updated to address the issue ahead of the May 16, 2026 election. Ending the inventory tax is back on the ballot, this time as its own amendment. In 2025, the inventory tax proposal was packaged with several other measures in a tax reform amendment. Lafayette’s political leadership continues to support the proposition ahead of Saturday’s election. “For far too long, Louisiana businesses have pa…
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