A jump in monthly expenses outpaced a revenue increase of 21 percent for LUS Fiber's telecommunications business for the month of August. The numbers, part of the business' most recent monthly financial report, show expenses climbing from $559,757.71 in July to $843,724.33 in August, a 34 percent increase. LUS Director Terry Huval has said that the business' expenses are directly tied to its growing subscriber base. The nascent business also faces other startup expenses as it expands its fiber-to-the-home phone, cable and Internet service. The business launched in February. Huval recently announced that the fiber buildout is running ahead of schedule and now is on target to be offered citywide by July 2010.
The report shows retail revenue for August totaled $82,851. LUS Fiber also had $186,350.75 in wholesale revenue, bringing total operating revenue to $269,201.75 for the month. The August numbers follow July's 31 percent retail revenue increase.
August's net operating revenue (before depreciation and amortization) was negative $574,522.58. This was up from July's net operating loss of $494,539.56.
Is it a crime for citizens to photograph, video, or take notes of a police officer in the line of duty, or a right protected by the First Amendment of the U.S. Constitution? Locally, such activity, as witnessed recently, will at the very least result in a night spent behind bars.
David Calhoun and Elizabeth “EB” Brooks are the first two employees of Lafayette Central Park Inc., the nonprofit charged with turning Lafayette Consolidated Government’s 100-acre Johnston Street Horse Farm property into a passive public park. Calhoun was named executive director, and Brooks is director of planning and design.
Episcopal School of Acadiana’s Dr. Joshua Caffery, chair of the school’s English Department, is headed to Washington, D.C., and the Library of Congress as the latest winner of the Alan Lomax Fellowship in Folklife Studies.