Study shows economic impact of Georgia-Pacific layoffs in Zachary, LA, may hit school district hardest [From the web]

BATON ROUGE, LA, June 12, 2019 (The Advocate ) -A partial shutdown and layoffs at the Georgia-Pacific paper mill is expected to hit the Zachary Community School District with an annual deficit running just under $1 million annually starting in 2021 that will be have to covered by surplus funds until the district's operational budget gets back in balance in 2028, a study shows.

That's because Georgia-Pacific accounts for about 40 percent of the total property taxes collected by the school district, according to an economic impact study commissioned by the Bank of Zachary and conducted by LSU, based on 2017-2018 ...

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