PARISH GOVERNMENT

Livingston Parish has offices in the courthouse in Livingston and is governed by a parish council of nine and a parish president.

Parish Council Assessor
P.O. Box 427 Courthouse, 1st Floor
Livingston, LA 70754 225-686-7278
225-686-2266 Fax 225-686-1817

STATEWIDE COSTS

PROPERTY TAX

There is no state property tax in Louisiana, but local city and parish governments may levy property taxes on facilities, land, equipment and inventory. Assessors are required by state law to uniformly assess business and industrial property are 15% of fair market value (land at 10%). Because of different mileage’s, property taxes vary from parish to parish, but the average statewide rate on property is 1% of fair market value.

Manufacturing facilities that qualify for Louisiana’s industrial tax exemption enjoy freedom from property taxes on facilities and equipment for a period of 10 years. Private residences are assessed at 10% of fair market value. However, a provision in the Louisiana Constitution provides that no property tax will be charged on the first $75,000 of fair market value of an owner-occupied home (referred to as the "Homestead Exemption").

Assessed Valuation of the Parish – The recent trend in the assessed valuation of property throughout the Parish of Livingston is as follows:

Year

Parish-wide Taxable Assessed Valuation

Parish-wide Homestead Exemptions

Parish-wide Total Assessed Valuation

1993

$65,092,280

$68,196,680

$133,288,960

1994

$65,559,550

$72,319,610

$137,879,160

1995

$73,121,060

$82,711,150

$155,832,210

1996

$82,716,690

$89,888,820

$172,605,510

1997

$88,378,190

$96,768,070

$185,146,260

1998

$95,008,440

$103,526,530

$198,530,970

Source: Livingston parish Assessor’s Office

A breakdown of the assessed valuation of the Parish by classification of property is as follows:

Type of Property

1995 Total Assessed Valuations

1996 Total Assessed Valuations

1997 Total Assessed Valuations

1998 Total Assessed Valuations

Property – Personal

$17,706,740

$21,089,470

$22,157,540

$23,196,280

Property – Public Service

$23,861,120

$23,753,030

$24,072,150

$23,944,060

Property – Real Estate

$114,264,350

$127,763,010

$138,916,570

$151,390,630

Leading Taxpayers – The top ten taxpayers of the Parish of Livingston in 1998 and their assessed valuation are as follows:

Tax payer

Assessed Valuation

1. BellSouth Telecommunications

$ 7,224,720

2. Dixie Electric Membership Corp.

$5,498,780

3. Weyherauser, Inc

$4,412,490

4. Entergy Gulf States Inc./ Entergy

$3,560,900

5. Hibernia National Bank

$2,963,660

6. Hancock National Bank

$2,281,680

7. Sunland Fabricators Inc/ Shaw

$2,209,410

8. Southern Natural Gas Pipeline Company

$1,516,990

9. Wal-mart Stores Inc./ #935

$1,400,310

10. Capline System Shell Pipeline Company

$1,393,700

Source: Livingston parish Assessor’s Office

CORPORATE FRANCHISE TAX

The state corporation franchise tax is levied annually at the rate of $1.50 per $1,000 on the first $300,000 of capital stock, surplus, undivided profits, and borrowed capital employed in Louisiana. The rate is $3.00 per $1,000 after the first $300,00. The minimum tax is $10.00 per year. Offsets to the corporate franchise tax are allowable under some incentive programs.

CORPORATE INCOME TAX

Ranges from 4% to 8% of the net taxable income. The effective rate of taxation is somewhat less because federal income taxes are deductible in computing Louisiana net taxable income.

4% up to $25,000
5% over $25,000
6% over $50,000
7% over $100,000
8% over $200,000

INDIVIDUAL INCOME TAX

Louisiana’s individual income tax is one of the lowest in the nation. The tax rate for individuals filing as single, married but filing separately, or as head of household are 2% of the first $10,000 of taxable income, 4% on the next $40,000 and 6% on the taxable income over $50,000. For married persons filing a joint return, the dollar amount in each bracket is doubled. The state simplified income tax law includes a combined personal exemption and standard deduction of $4,5000 ($9,000 for heads of households and married taxpayers filing joint returns). The deduction for each dependent is $1,000.

SUTA

Louisiana’s unemployment insurance tax system currently spends the least among the states in terms of amount of weekly benefits paid. Louisiana has built its Federal Unemployment Trust Fund to a balance of more than $1 billion.

The primary rate is determined by SIC code applicable to the business or industry until sufficient data are available to compute a rate based on the employer’s experience of taxable wages, taxes paid and benefits paid out. The average rates of the industry range from a maximum of 3.22% to a minimum of 1.0% for the calendar year 1997. By the end of the fourth year, a new business will have sufficient unemployment tax history to have reached its "computation eligibility" – then, the business is switched from the SIC classification method to a computed rate method having these parameters:

Maximum unemployment tax level = 6.01% X $7,700 wage base
(or $462.77/employee)
Minimum unemployment tax level = 0.30% x $7,700 wage base
(or $23.10/employee)

SALES TAXES

SALES TAXES LEVIED IN THE PARISH

The following is a summary by area of sales and use taxes being levied within the Parish of Livingston as of 12/31/97.

Entity/ Area

Parish

DD#1

DD#2

School Board

Municipal

LED

State

TOTAL

Livingston

0.00

0.00

0.00

2.50

0.00

0.50

4.00

7.00%

Albany/ Inside

0.00

0.00

0.00

2.50

1.00

0.50

4.00

8.00%

Denham Springs

0.00

0.00

0.00

2.50

1.50

0.50

4.00

8.50%

Drainage Dist. #1

0.00

0.50

0.00

2.50

0.00

0.50

4.00

7.00%

French Settlement

0.00

0.00

0.00

2.50

0.00

0.50

4.00

7.00%

Holden

0.00

0.00

0.00

2.50

0.00

0.50

4.00

7.00%

Livingston Township

0.00

0.00

0.00

2.50

1.00

0.50

4.00

8.00%

Maurepas

0.00

0.00

0.00

2.50

0.00

0.50

4.00

7.00%

Springfield

0.00

0.00

0.00

2.00

1.50

0.50

4.00

8.00%

Walker

0.00

0.00

0.50

2.00

1.00

0.50

4.00

8.00%

Drainage Dist. #5

0.00

0.00

0.50

2.50

0.00

0.50

4.00

7.50%

Watson

0.00

0.00

0.00

2.50

0.00

0.50

4.00

7.00%

Source: Louisiana Department of Revenue and Taxation, Sales Tax Division.

SALES TAX COLLECTIONS – HYPOTHETICAL 1% PARISHWIDE

Sales and use taxes are levied by various entities at various rates throughout the Parish. For comparative purposes, the following monthly collections present the collection results of a hypothetical one- percent parish-wide sales and use tax. They have been calculated using a broad-based sales and use tax levied on a parish-wide basis adjusted to a one- percent rate.

MONTH

1991

1992

1993

1994

1995

1996

January

$231,826.80

$234,244.40

$265,200.00

$312,000.00

$360,800.00

$380,400.00

February

$207,422.40

$201,482.80

$220,800.00

$240,800.00

$250,400.00

$324,800.00

March

$170,147.20

$199,933.20

$206,800.00

$232,800.00

$263,800.00

$306,800.00

April

$195,189.20

$220,452.40

$261,200.00

$303,600.00

$309,200.00

$354,000.00

May

$207,476.00

$234,010.40

$246,400.00

$277,600.00

$283,600.00

$340,000.00

June

$193,549.20

$231,955.20

$259,600.00

$283,600.00

$290,400.00

$347,600.00

July

$235,972.00

$266,000.00

$292,800.00

302,800.00

380,400.00

$394,400.00

August

$219,962.00

$226,000.00

$258,800.00

$276,400.00

$354,400.00

$347,200.00

September

$230,841.20

$220,800.00

$252,800.00

$293,600.00

$332,800.00

$358,165.91

October $219,046.40

$266,800.00

$270,000.00

$306,800.00

$333,200.00

$358,775.73

November

$211,026.80

$233,200.00

$244,400.00

$270,400.00

$309,200.00

$329,588.80

December

$202,526.40

$224,560.00

$246,400.00

$259,600.00

$286,000.00

$342,510.88

Total

$2,524,985.60

$2,759,438.40

$3,025,200.00

$3,360,000.00

$3,754,000.00

$4,184,241.32

Source: Oakland Econometrics: 01/91 to 06/92, Livingston Parish School Board: 07/92 to 12/96

Mileage Rates – The recent trend in the aggregate ad valorem tax rates (in mills) levied on a parish-wide basis by various entities within the Livingston Parish boundaries are as follows:

1992

1993

1994

1995

1996

1997

1998

62.64

70.46

70.46

79.92

81.67

68.74

65.85

Source: Louisiana Tax Commission and Livingston Parish Assessor’s Office