Louisiana’s Industrial Tax Exemption Program cost Louisiana local governments $1.5 billion in foregone property tax revenue in calendar year 2021, according to a recent report from Louisiana Legislative Auditor Mike Waguespack. East Baton Rouge Parish levied $564.4 million in property taxes in 2021, with $28.7 million, roughly 5% of the total taxes levied, exempted as
ITEP cost local governments $1.5B in foregone revenue in 2021, EBR $28.7M
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