Latest COVID19 News and Information
APRIL 15, 2020
STATE AND LOCAL ACTION
Four additional projects will be advertised Friday.
The Metro Council will meet April 22.
Mayor extends Stay at Home Order until May 16, 2020
CARING AND SHARING
ACEC Executive named to White House
omic Revival Advisory Group
SAVE THE DATE:
April 29, 2020 12:30pm-1:30pm ACECL-hosted Virtual Roundtable Zoom Meeting with Secretary Wilson. Registration to follow.
Economic information from a webinar held today:
Revenue losses from gaming will total $70M for the months of March, April, May
Mineral Revenue will be down $120M for the same period
Sales taxes will be down $200M for the same period
In total, he forecasts a $400M shortfall for the state by June 30. Adding what was expected to be a $200M surplus, the state will see a $200M gap.
On July 1, revenue losses from mineral revenue will be even worse.
Local government will start to see big drops in revenue for them in May. Auto Sales tax are big sources of revenue for them and those sales are way down.
Estimates for La. job losses of 314,000 by year end, mostly from hotel, restaurant, tourism and construction. An unemployment rate of 20% expected. 60% of job losses are in hotels and restaurants.
Unemployment claims to date are 272,000. New numbers come out Friday.
Read the story here
View webinar here
VISIT THE ACEC OF LOUISIANA WEBSITE FOR ALL PREVIOUS POSTINGS AND OTHER COVID19 RESOURCES
Louisiana Emergency Website
Office of the Governor
Centers for Disease Control and Prevention
(Department of Labor)
City of Shreveport COVID19 website
City of Baton Rouge COVID19 website