The executive director and other representatives of the Teche-Vermilion Fresh Water District answered questions from the Lafayette City-Parish Council Tuesday night regarding the agency’s operations and financials. The discussion came at the behest of District 9 Councilman William Theriot.
The T-VFWD operates a pumping station on the Atchafalaya River north of Krotz Springs as well as weirs on Bayou Teche at its confluence with two waterways leading to the Vermilion River for the purpose of maintaining a flow of fresh water to the Teche and the Vermilion. The district is an outgrowth of the 1966 federal Flood Control Act and is funded by a 10-year 1.5 mills property tax that was first levied in 1970 and has been renewed by voters in the district, which comprises the parishes of Iberia, Lafayette, St. Martin and Vermilion, in 1980, ’90 and 2000.
“When the U.S. government built the project and turned it over to the district, certain agreements were signed," explained Executive Director Donald Segrera. “One agreement was that the district must have the funding source to operate the project, and that the district accept the responsibility and have the capability for future repairs and replacements of all features of the project.”
That agreement with the U.S. Army Corps of Engineers requires the district to have $25 million in cash reserves by 2012 for maintenance and replacement of equipment. The district is currently sitting on just over $20 million in cash; the property tax, which will come up for renewal in March, generates roughly $3.2 million annually. Segrera told the council there are no plans for equipment purchases in the district’s 2010 budget.
“Money from the tax has been sufficient to operate the project and to satisfy the amount required by our agreement with the federal government for major repair and replacements,” Segrera added. Don Kelly, the district's accountant, added that once the dictrict reaches its required $25 million cash reserve, the millage will be adjusted downward to cover only annual operating expenses of the district.
Newcomer to Top 50 among five companies selected for Naval contract
INDstyle 2014 brings down house
Despite sweeping changes enacted by Gov. Bobby Jindal's administration, the health insurance program for state workers and public school employees will have to use $88 million from its reserve fund to cover its costs this year.
The LPSB races are sure to get heated between now and Nov. 4, and with only 9 available seats, this year's field of 20 candidates will surely be wanting to set themselves apart from the crowd early; they'll get their chance next week, starting Tuesday with the kick-off of a three-day series of candidate forums.
Lawmakers say they've received complaints that waits have spiked, with people being forced to wait in line for more than an hour — and sometimes three hours — to handle routine tasks.
Both sets of figures — adjusted to cancel out seasonal changes — were released by the U.S. Labor Department.
Texas declined by five rigs, West Virginia dropped three and Louisiana was down two.
The campaign announced that Rep. Stuart Bishop of District 43 and Nancy Landry, District 31, have thrown their support behind the Naval Academy graduate and entrepreneur in his bid to unseat current Hunter Beasley in District 8.
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Acadiana's nightlife guide.
Ramsey Morein prepares an old Cajun classic also known as chaudin in this latest episode of filmmaker Stephen Meaux's culinary series.
A Lafayette man with an alleged taste for child porn was busted Thursday evening during a cyber crime sting launched by the Attorney General’s Office.
We’re in the second year of the second term of the first black president of the United States. And so it might seem that as Americans, as a nation, we have come a long way. And perhaps we have. But the recent killing of Michael Brown in Ferguson, Mo., left me angry and sad. Here we go again, I thought.
U.S. Rep. Vance McAllister says his chief of staff is on temporary leave after being booked with drunken driving.
A federal appeals court in New Orleans has upheld a federal safety board's right to investigate the role of Transocean Deepwater Drilling Corp. in the 2010 Gulf of Mexico oil disaster.
It was a rare moment in Congress this week as Republicans briefly put aside partisanship in support of President Barack Obama's request to train and arm Syrian rebels, and while a number of Democrats opposed the measure, Louisiana's Democratic Sen. Mary Landrieu found herself on the same side of the issue as her Republican challenger Rep. Bill Cassidy.
Home Depot breach bigger than Target; Alibaba IPO could be big; Rivers' last project and more national and international news for Friday, September 19, 2014.
Friday's Blogs from the Bog!
In what world does it make sense to balance the budget for a public school system by cutting schools from the poorest neighborhoods?
A supporter of a lawsuit against the oil industry has been re-nominated to a seat on a south Louisiana flood control board despite opposition from Gov. Bobby Jindal.
City-Parish President Joey Durel is asking the council to sign off on a resolution approving a pair of deals that would lead to razing the seedy Lesspay Motel at Four Corners to build a new police substation as well as transforming nearly a block Downtown where the old federal courthouse building now molders into a mixed-use development.
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D.A. Mike Harson gets a gift from a federal judge as he tries to hang onto his job.
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In 2013, the IRS — already the least popular governmental agency in the country — became the target of intense investigations after it was revealed that they had specifically and improperly scrutinized applications for tax-exempt status from organizations associated with the nascent Tea Party movement.
The nominating committee for the Southeast Louisiana Flood Protection Authority-East was set Thursday to nominate applicants for two people on the board whose terms have expired.
Improving the running game was "a point of emphasis" during the offseason and the results have manifested themselves in the form of substantially greater production.
Louisiana's health department said Wednesday that its evaluation of the state's Medicaid privatization was on target, despite criticism from the legislative auditor that it lacked key data and contained inconsistencies.
Restaurant could see ‘a little facelift,’ Bobby Butcher tells Daily Report.