Official Statement Regarding Potential Annexation of LAuberge Casino & Hotel Baton Rouge : As long as the law is followed, we will not protest if the L’Auberge Casino would like to be included inside the city limits of Baton Rouge. We feel confident, per the Attorney General’s recent opinion, that any annexations will not affect the legality of our petition. The City is securing revenue centers that produce money that our movement has already agreed to pay back into the Parish when we incorporate. We will simply adjust what we will put back in based on what the city takes. This annexation will not negatively affect our budget. The L’Auberge Casino will be spun as a self-determination or a story about safe harbor, but the rational mind can see this for what it is, the City-Parish’s attempt to derail this movement. The City-Parish has attempted to undermine and derail this movement from the beginning, yet here we still stand. We are resolute in our mission, and will stay the course. To our supporters, we could not be more proud of you throughout this process. We have chosen to take the high road, which has proven to be a difficult path. However, we have pushed through the roadblocks, and we have learned that there is a silver lining beyond every obstacle. Far, far better things ahead await the people of St. George. Projected budget synopsis: The projected St. George budget, based off of 2013 numbers, was 80 million in total revenue for the general fund. Anticipated governmental costs were listed at 32 million, and we were agreeing to pay back 28 million into the Parish because we felt it was the right thing to do. This would leave our new city with a 20 million dollar surplus. With the recent annexation of the mall, and possible annexation of the casino, we have reevaluated our budget. We will continue to fund all of the constitutional offices totaling 17.5 million, however, we will have to eliminate our other financial support to the parish. This will provide the new city budget with a 15.8 million dollar surplus on day one. There will be no reason for any tax increase.
Posted on: Tue, 08 Jul 2014 22:32:11 +0000
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