RSVP for 45-min issue briefing on Folger exemption request

We'll meet at noon. After briefing, there's a lunch at 12:45pm.

  • On Friday, February 21st, the Louisiana Board of Commerce and Industry will consider a request from Folgers Coffee to be exempted from Orleans Parish property taxes on $80 million of its business property.
  • The exemption, if approved, would cost New Orleans schools and other city services $12.4 million in lost revenue over the next 10 years.
  • The project for which Folgers is seeking an "incentive" (in 2020) already went under construction in the Fall of 2019.
  • Folgers is asking for $12.4 million in public subsidies to create¬†5 jobs --¬†$2.5 million in tax-payer funds per job

RSVP below.

February 18, 2020 at 12:00pm - 1pm
First Grace UMC
3401 Canal St
New Orleans, LA 70119
United States
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