OJCA is monitoring the TIF (Tax Incentive Fund) for the Jefferson Highway Economic Development District which is part of Jefferson Parish's annual budget. OJCA is not an expert on the parish budget; however, we care about a particular fund -- the Jefferson Highway Economic Development District -- that is specific to our area.
Why does OJCA care about this fund?
During the October 16, 2024 Jefferson Parish Council Meeting (East Bank), Councilman Deano Bonano said that he would hire a traffic consultant to work directly with OJCA to address the unaddressed traffic issues in the Ochsner-funded traffic study (specifically, the residential streets surrounding Ochsner main). Bonano said that the OJCA neighborhood is in special taxing district where a percentage of sales tax generated in the area is set aside for public infrastructure projects. He said the fund has about 3 million, and he will use the money to build whatever is needed, e.g. turning lanes, traffic lights, etc., to mitigate traffic concerns as the new Ochsner structures are built and go into business (and 1,000 more cars are traveling through Old Jefferson during rush hour).
2025
In Jefferson Parish's 2025 budget, https://www.jeffparish.gov/DocumentCenter/View/2915/2025-Annual-Budget-PDF. See page 250 for the fund balance, revenues, and expenditures.
2024
Read OJCA's 2024 blog post to learn more about the history of the fund: https://www.jpojca.org/blog/2127642_what-the-tif-the-jefferson-highway-economic-development-district. There are also a link to the 2024 budget.