Business

Sales tax declines are expected to negatively impact flood-affected parishes in the short-term, but receipts could bounce back later this year

September 28, 2016

Denham Springs Mayor Gerard Landry, right, visits with Charles Relan, owner of Chandler's Antiques, as he tours the flood damaged downtown of Denham Springs, La., Wednesday, Aug. 24, 2016. Landry fears it could take years for this city to fully recover after water fell in the area. (AP Photo/Max Becherer)

(Photo by The Associated Press) Cities and parishes that were hit hardest by the historic August flood are anticipating budget shortfalls due to losses in tax revenue, as impacted businesses and comm…

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