Board of Commerce and Industry
September 10, 2018
It’s been rumored for months, but late last week it became official: Gov. John Bel Edwards plans to seek a $1,000 per year salary increase for public school teachers next year, with lower raises for school support workers.
Number of the Day
$170 million - Projected annual cost of giving Louisiana’s public school employees - including teachers, supervisors and support workers - a 3.65 percent pay raise needed to reach the Southern regional average. (Source: The Advocate)June 27, 2016
By several estimates, Louisiana boasts the most generous menu of corporate tax incentives in the country. And the most generous incentive of all is the Industrial Tax Exemption Program (ITEP), which allows manufacturers to escape local property taxes for up to 10 years on new capital investments regardless of whether these investments create or retain jobs.