Lafayette Parish Homeowners to See Significant Increase in Property Taxes

Homeowners across Lafayette Parish should brace themselves for a noticeable increase in their property tax bills this December. According to our media partners at KATC, Lafayette Parish Tax Assessor Conrad Comeaux says over 60,000 homeowners will likely see an average tax increase of 6.5%.

“Some parts of the parish went up higher than other parts of the parish, at a much higher rate,” Comeaux explained to KATC. “Some houses may go up 10%, some might go up 3%, and that’s how you get the 6.5% increase.”

This increase is largely attributed to the rising property values driven by recent changes in the housing market. “Prices of housing have gone up, and so we’re just reflecting what has happened in the last four years,” Comeaux said, emphasizing that the tax bills are being adjusted to mirror current market conditions.

The determination of Lafayette Parish property taxes hinges on the millage rates set by local agencies, which must be voted on annually. While property values have risen, the corresponding millage rates are supposed to decrease, keeping tax amounts relatively stable. However, when these rates are adjusted upwards, it results in a tax increase. Comeaux noted that this aspect is beyond the control of the assessor's office and lies in the hands of the various taxing bodies in the parish.

Homeowners in Lafayette Parish can expect to receive letters in the mail with detailed information about the upcoming changes. Those who have concerns or believe there is an issue with their assessment are encouraged to contact the assessor’s office to schedule an appointment for further discussion.

See the full story here at KATC.