LAFAYETTE, La. (AP) – Healthy sales tax collections over the past year could mean teachers and other eligible Lafayette Parish school system employees receive an extra paycheck of about $2,200 next month.
School District officials say collections from the 2002 half-cent sales tax dedicated to teacher pay and support totaled about $26 million last fiscal year.
After expenditures and financial commitments for the current fiscal year, Billy Guidry, district chief financial officer, tells The Advocate the fund shows $7 million in reserves will be available for distribution to about 2,400 employees.
A Blue Ribbon Committee of school system employees and community members met Thursday and agreed to recommend that the school board approve the distribution of the funds.