Public Input Opportunity
FQEDD Mid-Year Budget Adjustment
The 2022 Annual Budget was adopted by the French Quarter Economic Development District in accordance with Resolution R-2021-4. Sales tax remittances for 2022 are projected to exceed the projected budget revenue. A mid-year budget adjustment is being considered. Please use this opportunity to contribute to the public discussion about opportunities for programming within the limitations of Resolution R-2021-4.
Recommendations will be reviewed by the Security & Enforcement Committee at the April 18th meeting.
Thursday, August 19th, the French Quarter Economic Development District Governing Authority, the New Orleans City Council, approved Resolution NO. R-2021-4 levying the new special sales tax voters approved in April. These collections on sales began October 1, 2021.
On April 24th, 72% of voters within the boundaries of the French Quarter Management District elected to bring back the quarter cent sales tax for public safety in the French Quarter based on the February 11th French Quarter Economic Development District Governing Authority, City Council, approved ballot language in Resolution NO. R-2020-6.
2020 Renewal Referendum
On August 25th FQMD began a stakeholder engagement campaign to begin gathering stakeholder priorities for the drafting of a Cooperative Endeavor Agreement with the City, and the French Quarter Governing Authority (the City Council) for the management of the French Quarter Economic Development District Trust Fund, should the District voters elect to renew the 2015 .2495% in the sales tax.
Partner organizations and the District “C” Council Member helped push out the questionnaire which consisted of three questions:
- Contact information of the respondent for demographic verification and future stakeholder engagement
- What demographic best described the respondent
- An open-ended question to allow free response to stakeholder priorities for the funding enhanced and supplemental public safety services
There were 107 respondents:
• 71 Residents
• 24 Workers
• 8 Business Owners
• 4 Visitors
History of the 2015 Referendum
On Saturday, October 24, 2015 registered voters within the boundaries of the French Quarter Management District elected to create the French Quarter Economic Development District. The measure passed overwhelmingly, with 78% of voters in support.
Beginning January 1, 2016, sales tax on goods and services (excluding hotel stays) sold in the District increased 0.2495%, which equates to $0.25 for every $100. This sales tax was expected to generate approximately $2 million annually and would fund public safety measures within the District. In 2019 the sales tax generated $3 million dollars that went solely to the Louisiana State Police along with $2.5 million from the hospitality industry.