Included in Tuesday’s Parish Council Finance Committee meeting packet is the 2025 Millage Review. The report lists each individual Ad Valorem assessments levied by Ascension Parish Government.
Note: All millages are 10 years except the constitutional millage for the General Fund; the Utilities District #1 (25 years); the Juvenile Detention (20 years); all Road Infrastructure Districts (see below) which are set by La. R.S. 33:4690.13.
FACTS: 1 MILL equals 1/10 of one cent (or $1.00 per one thousand of assessed value).
In 2024, 1 mill Parish-wide yielded approximately $1,909,236. For comparison purposes, consider the 2014 Better Recreation NOW! proposal overwhelmingly rejected by voters. That five-mill proposal was projected to generate “an estimated $5,177,635…for an entire year” or just over $1 million per mill.
All Parish Taxes are subject to Homestead Exemption. The 2.71 General Fund Ad Valorem tax within city limits reduces to 1.35 mills. Taxable value = Fair market value less Homestead Exemption.
Property is assessed in three (3) categories:
- Real Property (land & immovables). All Land -10% of Fair Market Value; Residential Buildings – 10% of FMV; Commercial Buildings – 15% of FMV.
- Personal Property (movables, equipment, furniture, inventory, etc.) – 15% of FMV
- Public Service Property (utilities) – 25% of FMV (Assessed by Louisiana Tax Commission)
22 additional millages are levied as part of the parish’s Road Infrastructure assessments levied within each new subdivision approved since enabling legislation was signed into law by the governor a decade or so ago. If the subdivision developer wants Ascension Parish to take in its roads, the 15-mill assessment is a prerequisite so developers (the only property owner in the affected area when the millage is enacted) eagerly approve it.
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