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Effect of COVID-19 on Local Government Revenues

Report Details

Report Description: 
This report provides the results of our analysis of how local government revenues will be affected by the economic downturn currently under way in Louisiana resulting from the COVID-19 pandemic and the reduction of oil prices. Specifically, this report provides estimates of how the current economic crisis will impact local government finances, particularly through sales and ad valorem tax collections, as well as mineral related revenues (i.e., severance taxes and mineral royalties).
Date Issued: 
Thursday, May 7, 2020
Agency Reviewed / Investigated: 
Submitting OIG-Specific Report Number: 
40210001
Location: 
LA
United States
Type of Report: 
Other
Professional Standard: 
Other
Questioned Costs: 
$0
Funds for Better Use: 
$0

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