On Saturday, Dec. 5th, the people of New Orleans will be called upon to vote on a millage to fund the critical work of economic development.
Here in New Orleans, economic development is partially funded through a millage - a dedicated tax that enables investments to be made in key areas of focus. In this case, the millage will help support local businesses and nonprofits, such as the New Orleans Business Alliance, to continue this critical work and provide even greater impact for the people who call this great city home.
Funds generated through the millage are funneled into the Economic Development Fund (EDF) for disbursement by the City of New Orleans.
The current economic development millage generates approximately $3.5M per year, which has directly supported:
In December, voters will have the opportunity to vote on a suite of millages, including support for housing, infrastructure, and early-childhood education. The proposed economic development initiative on the ballot would generate approximately $4.6M annually while not increasing millage-related taxes overall for New Orleans residents.
The following is important information for the Saturday, Dec. 5, 2020, Open General/Congressional/RSCC Election:
Learn more at www.sos.la.gov/ElectionsAndVoting
The South’s first Black-owned brewing company
Opportunities for career advancement
Investing in our people
the expansion of new and emerging industries
Regional success and collaboration
If we do things right in economic development, our kids and our grandkids can choose to stay here through good jobs, excellent quality of life and a place to raise their own families.”
Strong community partnerships
New opportunities in underserved areas
When economic development is at its best, it gives belief in the possibility that they can achieve their wildest dreams.”
Bringing commerce back to the East
Relief for our music community
Growth from the ground-up
People come here for the talent; they come here for the sauce. And you have to take care of the ground from which the sauce grows from.”