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Economy: Baton Rouge, Prairieville and Gonzales Louisiana home buying, real estate listings, and homes for sale in East Baton Rouge Parish        County, LA
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Find Out More About the Ascension Parish, Baton Rouge and Gonzales Area Economy & Job Market
 

The main elements of the Louisiana economy are the production of minerals, particularly oil and natural gas, but also sulphur, lime, salt and lignite; petroleum refining; chemical and petrochemical manufacturing; tourism; forestry; pulp, plywood and papermaking; agriculture and food processing; commercial fishing; shipping and international trade; shipbuilding, and general manufacturing. 

OIL AND NATURAL GAS AND MINERALS PRODUCTION 

Louisiana contains just under ten percent of all known U.S. oil reserves and is the country's third largest producer of petroleum. Its reserves of natural gas are even larger and it produces just over one-quarter of all U.S. supplies. Louisiana also has immense quantities of salt contained in huge underground formations, some of which are a mile across and up to 50,000 feet deep and produce almost 100 percent pure rock salt. The first sulphur mined in America came from Louisiana and the state is still a principal producer of the mineral. 

PETROLEUM REFINING 

Louisiana petroleum refineries produce enough gasoline annually (15 billion gallons) to fill up 800 million automobile gas tanks, making the state the third leading refiner. The state's 16 refineries include one of the four largest in the Western Hemisphere and among the companies with Louisiana production facilities are Exxon, Shell, Citgo, Mobil, Marathon, Conoco, BP and STAR. In addition to producing gasoline, Louisiana refineries also produce jet fuels, lubricants and some 600 other petroleum products. 

CHEMICALS AND PETROCHEMICALS 

Louisiana ranks second in the nation in the primary production of petrochemicals. More than 100 major chemical plants are located in the state producing a variety of "building block" chemicals, fertilizers and plastics, plus the feedstocks for a wide array of other products. Synthetic rubber was first developed and produced commercially in Louisiana as were a number of other petroleum-related products. 

TOURISM 

Tourism is a major Louisiana industry employing over 87,000 workers. Travelers spend an estimated $5.2 billion in the state each year. Major tourist attractions include the New Orleans French Quarter, the Cajun Country, antebellum plantation homes, Jazz, distinctive food, deep sea and freshwater fishing, hunting, Mardi Gras and more than 100 other festivals, swampland tours, hiking and camping, canoeing and Mississippi River boat rides. 

SHIPBUILDING 

Louisiana shipyards build every kind of seagoing vessel from giant cryogenic ships used to transport liquefied natural gas to some of the largest offshore oil and gas exploration rigs in the world. They also build merchant vessels, Coast Guard cutters, barges, tugs, supply boats, fishing vessels, pleasure craft and river patrol boats. The largest industrial employer in the state is Avondale Shipyards on the Mississippi River near New Orleans, where vessels are sometimes built upside down and ships are launched sideways into the river rather than stern first as is the custom elsewhere. 

FORESTRY AND FOREST PRODUCTS 

Louisiana has more than 13.9 million acres of forests, including pine, oak, gum and cypress. Approximately one billion board feet of timber and 3.6 million cords of pulpwood are cut annually to support a variety of forest-related industries including Kraft paper and fine-paper mills, plywood and particle board plants, furniture and flooring manufacturers, pulp mills, liner board and container board factories and paper bag plants. 

AGRICULTURE AND FOOD PROCESSING 

Louisiana is among the top ten states in the production of sugar cane (2nd), sweet potatoes (2nd), rice (3rd) and cotton (5th). It is also a major producer of beef cattle. Louisiana is the sole source of the Tabasco pepper prized as a condiment around the world and is also the sole source of perique tobacco, which is widely used as flavoring with other tobaccos. The state's huge agricultural production supports more than a dozen rice mills, seven sugar refineries plus nearly two dozen other sugar-related facilities, and a number of canning plants, cotton gins and meat packaging plants. 

COMMERCIAL FISHING 

Louisiana's commercial fishing industry catches about 25 percent of all the seafood landed in America and holds the record for the largest catch ever landed in a single year, 1.9 billion pounds. The state is the largest producer of shrimp and oysters in the U.S. Louisiana waters also yield menhaden, crab, butterfish, drum, red snapper, tuna and tile fish as well as a variety of game fish, including tarpon. The state's freshwater fishery is considered the most diversified in the U.S., and, in addition to fish, its commercial ponds and the Atchafalaya River Basin swamp produce millions of pounds of crawfish annually. 

SHIPPING AND INTERNATIONAL COMMERCE 

Louisiana was originally purchased from France in order to secure the Mississippi River and the port of New Orleans for the safe movement of the goods and produce of the fledgling United States. Today, it remains a major avenue for the import and export of goods. The state's five major ports handle roughly 400 million short tons of cargo a year, including more than 40 percent of all the grain exported from the U.S. More than 25 percent of the nation's waterborne exports pass through Louisiana, and its Superport is the only facility in the U.S. capable of handling ultra deep draft vessels drawing 100 feet of water. More than 5,000 ocean-going ships call at Louisiana ports each year along with a seemingly endless stream of barge tows, some of which carry more than 40,000 tons of cargo, more than many seagoing ships. And more than 185 years after its purchase from Napoleon, Louisiana remains a center for foreign investment with some 200 foreign companies having almost $16 billion invested in the state, the largest amount of foreign investment in any southeastern state and ninth largest among all states. 

GENERAL MANUFACTURING 

In addition to its resource-based industries, Louisiana also has a diverse general manufacturing base. Louisiana produces business telephone systems, assembles light trucks, manufactures electrical equipment, manufactures pharmaceuticals, glass products and automobile batteries, as well as specialized vehicles for traveling over marshes, maritime ranging equipment to let boats know where they are at sea, makes playground equipment, mobile homes, yachts, clothing and weapons, plus several hundred other products. 

AEROSPACE/AVIATION 

While Martin Marietta employs more than 2500 workers in New Orleans to construct the external fuel tanks for NASA's space shuttle program, it is not Louisiana's only link to the nation's space program. NASA also operates an aerospace computer services center in Slidell. The state also has an emerging aviation services sector. The Boeing Corporation operates a major, aviation maintenance facility in Lake Charles which employs some 2,000 workers to repair and refit jet aircraft, while Collins Defense Communications, a division of Rockwell International, operates an aircraft modification center in Shreveport. 

BIOTECHNOLOGY 

Louisiana excels in the three most promising areas of biotechnological research and development - bioprocess, recombinant DNA and monoclonal antibody technology. Scientists at Louisiana State University were the first in the world to bring about the successful birth of a calf from one quarter of a transplanted embryo. Louisiana's growing role in the world of biotechnological research is augmented by the Pennington Biomedical Research Center, a world-class facility in Baton Rouge which specializes in the study of the role of nutrition in health. 

FILM INDUSTRY 

Louisiana's film history dates back to a 1908 production of "Faust." Last year (1994), production revenues from feature films, television, commercials and music videos produced in the state totaled more than $37 million. Recent feature films shot here include Interview with the Vampire, The Pelican Brief, and Heaven's Prisoners. The Louisiana Film Commission offers a variety of services to both in-state and out-of-state production companies. 

Local Sales Tax Collecting Agencies and Rates 

Attached is a list of the names, addresses, and telephone numbers of all local tax-collecting agencies for each parish in the State of Louisiana. Also included are the tax rates and vendor?s compensation percentages for each tax-collecting agency. 

The listing is updated periodically and is provided to assist taxpayers with their local sales tax obligations. While every effort is made to assure the accuracy of the tax rates shown in this publication, local tax rates are subject to change by local ordinances and elections. All information should be verified directly with the local tax collecting agencies. 

Note that the tax rates listed in the column for parish tax may also include levies by police juries, school boards, and other special tax districts.
 

This information is also available through the Department's Fax-On-Demand system at 225-922-2984 and Bulletin Board System at 225-922-2529. Additional information may be obtained at the Department's web site on the Internet at http://www.rev.state.la.us or the Louisiana Association of Tax administrators' website at www.laota.com.

Location

Town/city Tax

Parish Tax

Total Tax

Vendors Comp.

Ascension Parish East (not in Sorrento or Gonzales)

4.5

4.5

2.0

Ascension Parish West (not in Donaldsonville)

4.5

4.5

2.0

Donaldsonville

2.0

2.5

4.5

2.0

Gonzales

1.5

2.5

4.0

2.0

Sorrento

2.0

2.5

4.5

2.0

Other cities in this parish include: Brittany, Darrow, Duplessis, Geismar, Lake, Modeste, Prairieville, and St. Amant

Collecting Agency

Ascension Parish Sales and Use Tax Authority

Post Office Box 389

Donaldsonville, LA 70346-0389

Donaldsonville telephone: 225-473-7981 or 8630

Fax: 225-473-5792

Post Office Box 1718

Gonzales, LA 70707

Gonzales Telephone: 225-621-2300

Baton Rouge Telephone: 225-295-3210

 

East Baton Rouge Parish

4.94

4.94

1.0

Baton Rouge

2.0

2.94

4.94

1.0

Baker

2.0

2.94

4.94

1.0

Zachary

2.0

2.94

4.94

1.0

Other communities in this parish include: Greenwell Springs and Pride

Collecting Agency

Parish of East Baton Rouge

Sales Tax Department

Post Office Box 2590

Baton Rouge, LA 70821-2590

Telephone: 225-389-3079 Ext. 729

Fax: 225-389-5369

 

West Baton Rouge Parish

5.0

5.0

1.0

Cities in this parish include: Addis, Brusly, Erwinville, and Port Allen

Collecting Agency

Parish of West Baton Rouge

Revenue Department

Post Office Box 53

Port Allen, LA 70767-0053

Telephone: 225-336-2408

Fax: 225-334-0543

What is the Homestead Exemption?

The original homestead exemption was created many years ago, around 1930. The exemption was only $2,000 off of the full value of a person's home. It was intended to exempt almost all homes in Louisiana from the payment of property taxes. In 1974, the people of Louisiana adopted a new state constitution which increased the $2,000 homestead exemption to $30,000. In addition, the state legislature was given the authority to increase it to $50,000. The legislature did this in 1975 through legislation sponsored by this office.

During the late 1970's, Louisiana experienced record inflation and increases in property values. The $50,000 homestead exemption was not enough to keep pace with that inflation. This is why in 1980 I asked the state legislature to increase the homestead exemption to $75,000, its present level. The voters of Louisiana approved this increase in the exemption in November 1980.

Since that time homes have continued to increase in value. That is why I asked the 1996 Legislature to increase the homestead exemption to $100,000. Without periodic increases in the exemption, inflation will continue to eat away at the worth of the exemption; and inflation will cause homeowner taxes to increase. The legislature, however, has not approved an increase in the homestead exemption. I will continue my efforts to increase the homestead exemption so that inflation will not increase homeowner taxes.

What is the basis of your assessment?

The Louisiana Constitution establishes the assessment on your home (and on all other residential property) at 10% of the fair market value of that property. Many times this value is indicated by the sales price of your new home. For example, if you pay $80,000 for your new home, the fair market value is most likely $80,000, and your assessment would be $8,000.

What is the tax rate or millage rate and how is it determined?

Most tax rates or millages are voted upon by voters. New tax proposals or renewals of expiring tax rates must be approved by voters themselves.

Every time that you vote in favor of a new property tax or new millage proposal, you are voting to raise your property taxes. For example, a few years ago, Jefferson Parish voters approved several property tax rate or millage increases. As a result of those votes, property tax rates in Jefferson Parish increased by over 12% in just one year.

From 1995 to 1996, however, tax rates were reduced. Today, property tax rates (millage rates) in Jefferson Parish are much lower than tax rates in New Orleans. A property tax bill of $100.00 in Jefferson Parish would be $152 in New Orleans or 52% higher. I have successfully encouraged parish officials to keep property tax rates as low as possible, easing the property tax burden on Jefferson Parish homeowners, renters, and businesses. Careful scrutiny by Parish voters and taxpayers of future property tax proposals will keep tax rates low in Jefferson Parish.

Who benefits from the Homestead Exemption?

The homestead exemption is the only meaningful, significant tax break that the average citizen has available to him or her. It is the only meaningful tax break which is available to small business people, most of whom are not eligible for and do not qualify for the industrial tax exemption. If the homestead exemption were eliminated or reduced, these business people would not only continue to pay property taxes on their businesses but they would now also pay additional, higher taxes on their homes. Furthermore, renters would see no real decrease in rents as opponents of the homestead exemption imply. Throughout Louisiana, homeowners save millions of dollars every year in taxes because of the benefits of the homestead exemption. Without the homestead exemption, homeowners in Jefferson parish alone would spend an additional $64 million each year in property taxes.

Is the Homestead Exemption the only property tax exemption in our state constitution?

Louisiana's constitution levies a property tax on all property in the state except that property which is specifically exempted within the constitution. Industrial or manufacturing property (except land) received a ten-year tax exemption and pays no property taxes during that period of time. As of February 1993, approximately $24.6 billion of property was untaxed in Louisiana because of this exemption. Personal household furnishings is another example of property that is not taxed in Louisiana, and in Jefferson parish your automobile is not subject a property tax.

Is the property tax considered a fair tax?

A recent nationwide survey by the Advisory Commission of Intergovernmental Relations indicates that the local property tax is considered the least fair or worst tax. The property tax was considered less fair than the federal or state income tax or the state sale tax. Unfortunately, the property tax is a regressive tax that is based upon inflation. It bears no relationship to the ability of a taxpayer to pay those taxes. It is the equivalent of an income tax on the increased value of your property due to inflation.

In inflationary times, the property tax is designed to increase local tax collections and raise taxes without voter approval, and in bad economic times it is designed to increase tax rates even though property values have declined and taxpayers have not approved higher tax rates.

How does Louisiana deal with the unfair aspects of the property tax?

The most effective way to offset the unfair nature of the property tax for homeowners is the homestead exemption. Furthermore, the imposition of all new property taxes requires voter approval. This is added protection for homeowners as well as for all other property owners, business people, and renters. Lastly, all property taxes must be renewed by parish voters so that no taxes, except those few property taxes imposed by the state constitution, can be levied indefinitely without periodic voter consent.

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When you are selling a home, the most important part of the transaction occurs after you have found a buyer. If your property is being marketed professionally, the real estate agent will put together the purchase offer and present it to you.

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Regina Harp, REALTORŪ, real estate agent and broker for Baton Rouge, Prairieville and Gonzales Louisiana home listings, property and land for sale - NUMBER1EXPERT(tm)

Regina Harp, Broker Associate
BloomingHouse Realty

16159 State Bank Road
Suite C
Prairieville, LA 70769
Direct: 225-744-HARP
Office: 225-744-4005
Regina Car: 225-953-3901
Email: Regina@reginaharp.com

Regina Harp is a Multi-Million Dollar Producer and the Broker/Owner of BloomingHouse Realty. She was ranked as the #3 Realtor in the state of Louisiana with Remax. Find THOUSANDS of Homes Listed through MLS, School Board Maps and Reports, Pictures, FREE Comparative Market Analysis, First Time Buyers Program, plus lots of Information in Baton Rouge, Gonzales, Prairieville and Ascension Parish areas. We owe our success to adhearing to our Motto ... YOU WIN IN LIFE BY HELPING OTHERS...You will see when we work together that Our Goal Is to Accomplish YOUR Goal, and our concern will be for our client's happiness...by consistently going above and beyond the call of duty.

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