USER-FRIENDLY LCG BUDGET AND FINANCIAL DATA AVAILABLE TO RESIDENTS

May 3, 2022, 15:58 PM by Jennifer McCommons

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USER-FRIENDLY LCG BUDGET AND FINANCIAL DATA AVAILABLE TO RESIDENTS

Lafayette, LA – Two resources recently added to the Lafayette Consolidated Government website make the city-parish budget more understandable and user-friendly for citizens. “Considering the complexity of a budget, citizens shouldn’t have to figure it out on their own. Understanding the basics allows our citizens to be more engaged, and hopefully, inspire them to be more involved in the process,” Chief Financial Officer Lorrie Toups said.

A Citizen’s Guide to the Budget provides a general overview of how the budget is created, where revenues come from, how tax dollars are spent, and how to read the budget.

The Popular Annual Financial Report (PAFR) does away with technical budget jargon and condenses fiscal financial data in an easily-understood format. The PAFR does not replace LCG’s Annual Comprehensive Financial Report. Rather, it provides a simplified summary that the average citizen can understand.

“It has been our goal to increase the transparency of our government and give more information to the public about how the taxpayer’s money is spent. I believe that these two reports go a long way to achieving that goal,” Toups said.

Review A Citizen’s Guide to the Budget here and the Popular Annual Financial Report here