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State board votes against overruling local property tax decisions for several corporate projects

State board votes against overruling local property tax decisions for several corporate projects
theadvocate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theadvocate.com Daily Mail and Mail on Sunday newspapers.

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St. James Parish plant shuts down; local leaders scramble to revitalize faltering economy

St. James Parish plant shuts down; local leaders scramble to revitalize faltering economy
3 months 2 weeks 4 days ago
Saturday, December 12 2020
Dec 12, 2020
December 12, 2020 6:00 PM
December 12, 2020
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Source: The Advocate
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ST. JAMES PARISH - A year of unprecedented change, and losses, is ending with the shutdown of a Louisiana plant that supplied 700 jobs to area citizens and had an economic impact of over $18,000,000 on St. James Parish in 2017.
According to The Advocate, the Shell oil refinery in Convent is expected to complete its shutdown by the close of Sunday, Dec. 13, which is when it will begin removing inventories of oil, chemicals and other materials. ....

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Shell Convent refinery shuts down; employees to remain through February as mothballing proceeds

LUTCHERÂ â The pending closure of the Shell Oil refinery in Convent, an industrial mainstay and top employer in St. James Parish, could cost th…
It been a great plant with great people, and it s a painful thing to do, but we re hoping to find a lot of folks jobs and, hopefully, we sell the plant, too, said Allen Pertuit, the Convent refinery s general manager, in a recent interview.
Pertuit addressed the St. James Parish School Board about the planned closure last week. The school system, which is trying to figure out how to adjust to the expected loss of revenue from the departure of St. James top taxpayer, plans to ask voters to refinance and extend the schools long-term debt and shift a portion of the property taxes that pay for that debt toward operations, school officials said. ....

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A staggering 'uppercut': Shell refinery closure to cost St. James $24M in taxes per year

Jim Mitchell, a top St. James Parish public school official, says Shell Oil Co. s decision this week to close its Convent refinery is akin to an uppercut to the head from onetime heavyweight boxing champ Mike Tyson.
We re still in the process of getting our vision back, said Mitchell, the school system s chief financial officer.
The refinery is St. James largest taxpayer, its largest employer and a bedrock of the Mississippi River parish s industrial base that has employed generations of its residents.
Sheriff WillyÂ Martin said the complex generates a total of $24 million per year in property, inventory and sales taxes for local governments: about $5 million in sales tax and $19 million in property and inventory taxes. ....

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