Shaky finances, understaffing and spiraling violence are among Lafayette Parish Sheriff Mark Garber’s reasons for seeking a new sales tax that could result in major budget boosts for his agency and the Lafayette Police Department.The Sheriff’s Office is facing financial challenges, but Garber has provided few details to justify the funding levels he is seeking. And while the sheriff is proposing to split the proceeds with the police department, he hasn’t consulted with police brass to assess the needs of the city police department.Garber has instead collaborated with the Police Association of Lafayette, a union for city police officers, which has joined the sheriff in promoting the sales tax proposal to voters. Success! An email has been sent with a link to confirm list signup. Error! There was an error processing your request. Garber and the police union have cited FBI recommendations to illustrate their claims of manpower shortages, but the bureau … [Read more...] about Lafayette Sheriff’s sales tax bid would bolster budgets, but where are details to justify funding levels?
Council tax 2 month break
Lafayette City-Parish Council on Tuesday approved a $1.5 million loan to the developer planning to renovate the notorious former LessPay Motel and a neighboring historic property.An HRI executive, Josh Collen, acknowledged in an interview Monday that he expects minimal positive cash flow from the project after debt service to primary lien holders, including tax credit investors and private debtors, though he declined to provide specific figures.Collen highlighted potential economic development benefits from the “Bottle Art Lofts” project, which is envisioned as an artist community with 40 apartment units with average monthly rent of $600. HRI is planning to break ground on the $15 million project in the first quarter of next year, Collen said. Success! An email has been sent with a link to confirm list signup. Error! There was an error processing your request. The project includes demolition of blighted former motel and a restoration of an old Coca-Cola bottling … [Read more...] about Lafayette City-Parish Council approves developer loan for Four Corners project
NEW DELHI: Pessimism ran high on Dalal Street this week with benchmark indices ending lower in four out of five sessions. The last-minute respite on Friday came from a handful of stocks, not quelling away the fears of a bear market. Some of the top D-Street analysts believe that we are in this bear phase for the long haul and many blame government policies for the same. Besides FII outflows, a lot of corporate governance issues are plaguing the Street and over-leveraging is coming to haunt many top firms. Here’s sampling some of them: Professor Sanjay Bakshi said that the wealth destruction is on a massive scale and in most cases that not the damage is permanent. He listed over-leveraging and crookedness of the management as the causes. Wealth destruction on a massive scale. In most of these cases, the impairment is permanent. And the usual suspects… https://t.co/wBUzjvIHgA— Fundoo Professor (@Sanjay__Bakshi) 1563985758000 PMS fund manager Basant Maheshwari … [Read more...] about Tweet Buster: Tax cut on EVs is not enough; all eyes on RBI meet
IN 1936 Franklin Delano Roosevelt said of the big businesses lining up against his re-election: “They are unanimous in their hate for me—and I welcome their hatred.” Elizabeth Warren, who is seeking the Democratic nomination in next year’s presidential election, takes a similar approach. After a cable news personality reported that executives of big companies are anxious about the possibility of a Warren presidency, she tweeted: “I’m Elizabeth Warren and I approve this message.” Ms Warren, a former professor at Harvard who is currently a senator for Massachusetts, is offering Democratic primary voters a menu as ambitious as anything seen since FDR’s New Deal: a fundamental reworking of American capitalism. It is going down well. In The Economist’s average of public-opinion polls, as of October 23rd, Joe Biden has just a narrow lead over Ms Warren. Her support stands at 24%, the former vice-president’s at 25% (see chart 1). … [Read more...] about Elizabeth Warren’s many plans would reshape American capitalism
Road construction is as certain as death and taxes. Even as drivers maneuver past orange barrels on Interstate 25 south of Castle Rock and up toward Fort Collins, CDOT officials are starting to plan another big I-25 project. And this one will be right in the heart of Denver, along a five-mile stretch from Alameda Avenue to 20th Street that sees a quarter of a million vehicles a day (including mine). But Denver Post reporter Jon Murray, who writes about the big issues and projects in state transportation, found something a little different about this project: Early planning isn’t focusing just on the most efficient way to move cars through Denver but also leaving room for future passenger rail expansion and improving the safety of roads near the highway.— Cindi Andrews, Denver Post Politics Editor CDOT sets its sights on I-25 in central Denver for major construction 📰 Not a subscriber yet? Try the first month for just 99¢ Lakewood puts an end to RV … [Read more...] about Post Premium: Our best stories for the week of Sept. 23-29