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December sales tax rises; EFID balance declines after stipends, parish budget adjustments expected
Summary
At the Jan. 7 Finance and Audit Committee meeting, staff reported December sales tax up 15.74% (3.43% year to date), EFID (half‑cent) receipts up 11%, and a reduction in the EFID reserve after state stipends and pay adjustments; staff said budget amendments will follow.
Tangipahoa Parish staff told the Finance and Audit Committee on Jan. 7 that December 2024 produced a strong sales tax month and that ongoing state stipend payments and one‑time reimbursements are affecting the parish’s general fund and EFID balances.
Mister McNeely reported that the parish’s general sales tax was up 15.74% for December and 3.43% year to date. “About $400,000 of that $854,000 increase was an audit, proceeds from an audit,” McNeely said, adding that the…
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