STERLINGTON, La. – (5/29/19) The town of Sterlington held an alderman meeting Tuesday night to address the millions of dollars in debt and decide whether to raise taxes.
It was a 2-2 vote with one member of the five-person board absent. But according to our partners at The News-Star, that vote is now null and void. They report a 2017 law changed the way the board votes by stating the mayor cannot serve as a tiebreaker. The vote was for a 1.5% sales tax set to expire on December 1, 2020, unless extended.
The town is currently in $21 million in debt — with its first debt payment of $630,000 due Saturday, June 1.
The mayor said the debt payment will not be met and salaries will be in jeopardy of not being paid in the next couple of weeks.
Business leaders met with board member Brian McCarthy to discuss alternatives like signage at the ballpark and a mobile app. Those ideas are set to be put into motion to help decrease the debt in addition to the new sales tax.
The new tax would go toward the town’s new economic development district and the money filtered through an ordinance would be reallocated to begin paying off debts.