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Thu March 20, 2014
Orleans Property Tax Increase Passes House Committee
Police and fire protection in New Orleans may soon get a boost from a proposed property tax increase.
A constitutional amendment to raise ad valorem taxes in Orleans Parish passed through a state House committee without objection today. For the city, the increase would bring in an additional revenue of nearly $6 million in 2015 to beef up police and fire services.
For homeowners, the increases would amount to an extra $30 per year in taxes on a $200,000 house.
The measure will be put up for statewide vote in November. New Orleans voters would also have to approve the bill before it becomes law.