Louisiana provides $90 million for parish and New Orleans revenue sharing in fiscal year 2026–2027, with shares based on population and homestead counts.
Louisiana sets aside $90 million for revenue sharing in fiscal year 2026–2027. The money is divided among parishes and New Orleans under rules set by law.
Parish shares mostly follow population, with a smaller part based on homestead counts. Eighty percent is divided by population and 20 percent by homesteads.
Tax collectors distribute funds to eligible local agencies to help cover losses tied to homestead exemptions. Any extra money follows parish-specific rules, and some distributions need lawmakers’ approval.
The law provides a $90 million revenue-sharing fund for fiscal year 2026–2027. The fund is distributed among Louisiana parishes and New Orleans under the allocation rules in the law. The fund covers fiscal year 2026–2027. The state treasurer must send parish shares in installments due by December 1, March 15, and May 15.
The law allocates each parish's share using population and homestead counts. The formula applies to the amounts allocated to each parish from the statewide fund. Eighty percent of the fund is allocated according to each parish’s share of the state population. Twenty percent is allocated according to each parish’s share of homesteads. The formula applies to the fiscal year 2026–2027 fund.
The law directs tax collectors to distribute parish funds among eligible local agencies and sets rules for any excess. The rules apply to parish tax collectors, New Orleans, and local agencies eligible to receive revenue-sharing funds. Regular distributions help cover eligible agencies’ losses tied to homestead exemptions, after commissions and retirement deductions. Excess funds follow general or parish-specific rules; spending excess funds in Allen and Cameron requires approval from a majority of the parish legislative delegation, and Evangeline distributions require approval from the parish’s legislators. Tax collectors must distribute regular funds within 15 days after receiving them. The state treasurer sends parish shares in installments due by December 1, March 15, and May 15.
No hearings or votes scheduled.