ST. LANDRY PARISH, La. (KLFY) -- The St. Landry Parish Council has given Parish President Jessie Bellard the green light to establish a line credit from the state for the parish, similar to the one that exited before Bellard took office, to help with the build-up of expenses and revenue shortages in 2024.
The plan was brought to the council by Bellard. He told council members that a $2 million credit line from the state, beginning next year, could come in handy under the circumstances the parish is seeing now -- which is a more than $900,000 deficit in the parish's general fund.
Harold Taylor, of District 5, said during a council meeting, "We had a $7.4 million budget. We only received 6.4 so far as of Oct. 31."
Bellard said the parish spent $774,000 over budget on inmates this year.
Other expenses taking a toll on the budget include the almost $1 million on debris removal from recent storms, however, the state is going to cover 75% of that total amount.
Bellard also told the council that having the $2 million credit line does not mean all of it will be used, and with it being an annual renewal, it will not result in long-term debt for the parish.
"So there's going to be a line of credit like we had before I got here. Year-to-year line of credit. Not a five-year, not a three-year, not an eight-year. A line of credit that goes into place. And then every year it can be renewed if needed. So it's the same structure as what we had before," Bellard said.
Latest News