City of Shreveport Proposition (Downtown Development District) (Special Tax Continuation)
What does this measure do?
Supports: Public Infrastructure
Opposes: Government Spending Reduction
Shreveport would continue its Downtown Development District property tax for 25 years, from 2028 through 2052, raising about $714,000 a year for downtown projects and debt. Only property owners inside the downtown district pay it, about $9 a year per $1,000 of taxable value, slightly more than now.
Read the official ballot measure
Proposed by: Shreveport City Council, for the Downtown Development District
The city's elected council, which also runs the downtown district. It asks voters to keep the downtown property tax for 25 more years for downtown projects and debt.
A YES vote means
The downtown district property tax continues through 2052 and raises about $714,000 a year for downtown programs and debt.
A NO vote means
The downtown district tax ends after 2027, along with this money for downtown programs and debt.
No financial records found for this ballot measure.
Sources: voterportal.sos.la.gov · shreveportla.gov