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Lafourche Parish Assessor's Office 2025 Annual Report

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LAFOURCHE PARISH

ASSESSOR’S OFFICE 2025 ANNUAL REPORT WENDY L. THIBODEAUX, CLA Lafourche Parish Assessor


Citizens of Lafourche Parish, As we look back on 2025, I’m proud to share this annual report with you. Our focus this year has been on modernizing technology to improve accuracy and efficiency with the acquisition of a new assessment software system. This upgrade has increased transparency and access of your tax records which helps us better serve the people of Lafourche Parish. We take pride in keeping property assessments fair, uniform and according to law for everyone. This keeps our parish’s finances strong and accurate which helps ensure that local services continue to meet the needs and expectations of Lafourche citizens. Thank you for your trust and support. It is an honor to serve as your Assessor and I look forward to another year of working for the people of Lafourche Parish. All my love 4 Lafourche, Wendy L. Thibodeaux, CLA | Lafourche Parish Assessor

Wendy L. Thibodeaux, CLA

2025: TAX ROLL OVERVIEW CHANGES IN TAXABLE ASSESSED VALUE

$894,618,476

2022

$871,592,927

2023

2 | LAFOURCHE PARISH ASSESSORS OFFICE

$896,274,300 $845,330,427

2024

As you can see, Lafourche saw a very slight increase in taxable assessed value. I am encouraged that 2026 will bring even more growth to our economy.

2025


INTRODUCING A NEW ASSESSMENT SYSTEM The Lafourche Parish Assessor’s Office has introduced a new assessment system, StartCAMA, a computer-aided mass appraisal soft ware designed specifically for assessors. This upgraded platform strengthens how we manage appraisal needs and improves the efficiency, accuracy, and overall effectiveness of the parish’s assessment process.

A FEW KEY FEATURES » Search by any criteria » Flexible reporting » GIS integration » Full audit tracking » Allows tracking of improvements for more accurate property values » Taxpayer portal to provide web access to assessment information

AD VALOREM ASSESSED VALUES REAL ESTATE

BUSINESS

WATERCRAFT

PERSONAL PROPERTY

YEAR

TAXABLE ASSESSED VALUE (NON-EXEMPT)

YEAR

TAXABLE ASSESSED VALUE (NON-EXEMPT)

YEAR

TAXABLE ASSESSED VALUE (NON-EXEMPT)

2025

$398,132,595

2025

$108,966,956

2025

$181,603,272 $155,728,160

2024

$402,081,297

2024

$101,773,370

2024

2023

$355,870,727

2023

$156,007,420

2023

$148,089,450

2022

$347,176,236

2022

$183,224,700

2022

$136,952,010

Current Year % of Tax Base: 44.42%

Current Year % of Tax Base: 12.16%

BANK STOCK / OIL & GAS

Current Year % of Tax Base: 20.26%

PUBLIC SERVICE

YEAR

TAXABLE ASSESSED VALUE (NON-EXEMPT)

YEAR

TAXABLE ASSESSED VALUE (NON-EXEMPT)

2025

$71,461,677

2025

$136,109,800

2024

$84,675,440

2024

$115,161,900

2023

$93,374,860

2023

$118,250,470

2022

$111,996,260

2022

$115,269,270

Current Year % of Tax Base: 7.97%

Current Year % of Tax Base: 15.19%

The largest value increase has been in Business Personal Property with a $25,875,112 increase in assessed value. The largest decrease in value has been in Bank Stock / Oil & Gas due to changes in the approach to valuation.

2025 ANNUAL REPORT | 3


YOUR TAX DOLLARS AT WORK The Lafourche Parish Assessor has the responsibility of discovery, listing, and valuation of all property within the parish boundaries. All taxable property valued by the Assessor is then taxed ad valorem, or “according to value” by each of the various taxing districts listed. Each taxing district levies these rates during public meetings held every year.

2025 MILLAGE RATES FOR PROPERTY IN LAFOURCHE PARISH EDUCATION

MILLS

PROPERTY TAXES

EXP. YEAR

PARISH

MILLS

PROPERTY TAXES

EXP. YEAR

Schools: A/C

7.590

$6,802,734.08

2030

Parish Council

2.740

$2,317,554.67

N/A

2031

Criminal

0.690

$34,813.15

N/A

Council on Aging

2.030

$1,819,459.27

2027

Schools: Bond

14.100

$12,637,507.57

Schools: Constitution

3.680

$3,298,295.73

N/A

Schools: Retirement

2.030

$1,819,459.27

2031

Schools: Safety

4.050

$3,629,947.57

2032

Schools: Salary Supplement

7.590

$6,802,734.08

2029

Schools: Special Maintenance

7.590

$6,802,734.08

2029

TOTAL

$41,793,412.38

LAW ENFORCEMENT

MILLS

PROPERTY TAXES

EXP. YEAR

Law Enforcement

10.500

$9,411,031.89

N/A

FIRE DISTRICTS

MILLS

PROPERTY TAXES

EXP. YEAR

Fire District #8-A

$75 (Fee)

$30,750.00

2031

Fire District #8-A (Multi-Structure Fee)

$75(Fee)

$675.00

2031

Fire District #8-B

$75 (Fee)

$24,300.00

2031

Fire District #8-B (Multi-Structure Fee)

$75 (Fee)

$1,575.00

2031

Fire District #8-C

$75 (Fee)

$150,825.00

2030

Fire District #8-C (Trailer)

$75 (Fee)

$16,275.00

2030

Fire District #5-Terrebonne

21.840

$83,209.03

Health & Library

3.690

$3,307,266.74

2032

Public Building

2.520

$2,258,605.45

2025

Juvenile Justice

3.200

$2,868,079.71

2031

Veterans District

0.980

$372,876.81

2033

Special Service #1

1.800

$1,358,686.11

2034

Special Education #1

4.00

$1,521,917.56

2026

Bayou Lafourche Fresh Water

2.110

$1,888,406.27

2033

Water District #1

3.670

$2,768,401.20

2025

Drainage Works & Roads

8.100

$7,259,861.93

2032

TOTAL

$27,775,928.87

PORT

MILLS

PROPERTY TAXES

EXP. YEAR

Greater Lafourche Port

6.540

$2,488,330.59

N/A

ASSESSMENT DISTRICT

MILLS

PROPERTY TAXES

EXP. YEAR

Assessment District

2.530

$2,267,598.88

N/A

LIBRARY

MILLS

PROPERTY TAXES

EXP. YEAR

2026

Library

1.670

$1,496,778.64

2026

Library

4.110

$3,683,710.21

2026

Fire District #1

9.290

$677,284.51

2031

Fire District #2

5.240

$304,799.73

2030

Fire District #3

8.970

$3,758,521.57

2028

Fire District #3 (Maintenance)

RECREATION

MILLS

PROPERTY TAXES

7.000

$2,933,072.04

2033

Parish Recreation

1.670

$1,496,778.64

2025

Recreation #1

2.000

$172,516.86

2030

Recreation #2

2.770

$201,727.80

2034

Recreation #8

10.350

$42,810.06

2029

Recreation #11

9.000

$476,249.12

2029

Fire District #4

4.810

$88,801.46

2026

Bayou Blue Fire

20.000

$787,754.21

2026

Fire District #6

7.370

$637,659.80

2028

Fire District #7

13.720

$168,810.76

2025

Fire District T/L #6

16.050

$155,988.43

2027

Fire District #9

10.420

$40,585.10

2030

TOTAL HEALTHCARE

$9,860,886.64

TOTAL

$5,180,488.85

TOTAL

EXP. YEAR

$2,390,082.48

MUNICIPALITIES

MILLS

PROPERTY TAXES

EXP. YEAR

Thibodaux

13.600

$2,210,619.31

N/A

Lockport

8.260

$81,794.23

N/A

Golden Meadow

21.820

$205,611.42

N/A

MILLS

PROPERTY TAXES

EXP. YEAR

Hospital District #1

4.660

$1,773,038.43

2025

Hospital District #2

1.790

$310,563.49

2027

Health Unit

0.830

$743,930.30

2025

LEVEES

MILLS

PROPERTY TAXES

EXP. YEAR

N. Lafourche Levee LB

10.580

$2,166,161.25

2048

N. Lafourche Levee RB

10.580

$2,834,596.59

2048

S. Lafourche Levee

10.250

$4,328,688.98

2027

Lafourche Ambulance

3.580

$1,362,119.36

2025

Central Lafourche Ambulance

3.000

$520,495.20

2033

TOTAL

$4,710,146.78

4 | LAFOURCHE PARISH ASSESSORS OFFICE

TOTAL

TOTAL

$2,498,024.96

$9,329,446.82


7.93% 2.12% 4.40%

35.51%

2.03%

1.93% 2.11%

4.00%

TOTAL PROPERTY TAXES

%

Education

$41,793,412.38

35.51%

Law Enforcement

$9,411,031.89

8.00%

Fire Districts

$9,860,886.64

8.38%

Healthcare

$4,710,146.78

4.00%

Parish Services

$27,775,928.87

23.60%

Port

$2,488,330.59

2.11%

Assessment District

$2,267,598.88

1.93%

Library

$5,180,488.85

4.40%

Recreation

$2,390,082.48

2.03%

Municipalities

$2,498,024.96

2.12%

Levees

$9,329,446.82

7.93%

TOTAL

$117,705,379.14

100.00%

Tax rates are expressed as a millage, based on the Latin word “thousandth,” each millage listed represents the total tax levied per $1,000 of taxable assessed value.

8.00%

23.60%

NAME

8.38%

MARKET TRENDS To ensure fair property assessments, the Assessor’s office continuously maintains a record of existing and new residential and commercial structures throughout Lafourche Parish.

EXISTING STRUCTURE REVENUE

NEW CONSTRUCTION

2025 Revenue

500

400

2,644

Commercial/ Buildings

$9,708,501.67 2025 Revenue

487

$1,523,631.40

498

Rentals/ Apartments

487

4,023

555

600

300

200

35,243 Homes

$48,726,465.79 2025 Revenue

100

2022

2023

2024

2025

2025 ANNUAL REPORT | 5


SPECIAL ASSESSMENT LEVELS The state of Louisiana allows eligible taxpayers to apply for special assessment levels for their homesteads. If a homeowner remains eligible, the special assessment will “freeze” the taxpayer’s primary residence at its current assessed value. Below is an overview of available special assessment levels and the requirements for each. Those who are qualified to apply may do so by bringing the required documents to the Assessor’s office during regular business hours. AGE 65+ FREEZE

DISABILITY FREEZE

POW/MIA FREEZE

At least one owner of the home must be 65 or older, and owner must reside in home.

At least one owner of the home must have a service-connected disability with a 100% disability rating, and owner must reside in home.

Owner of the home must be a member of the Armed Forces who were Missing in Action (MIA) or were a Prisoner of War (POW) for a period exceeding 90 days.

Adjusted Gross Income, combined for all owners, cannot exceed $100,000.00 per 2025. Required Documents: Driver’s License or Birth Certificate, Federal Tax Return

Adjusted Gross Income, combined for all owners, cannot exceed $100,000.00 per 2025.

MILITARY & EMERGENCY

Required Documents: Please call our office for requirements.

Required Documents: Disability Awards Letter, Driver’s License or Birth Certificate, Federal Tax Return

RESPONDER UNMARRIED SURVIVING SPOUSE EXEMPTION The surviving spouse, who remains unmarried, of an active duty member of the Armed Forces of the United States, Louisiana National Guard, or while performing their duties as a state police officer, or a law enforcement or fire protection officer is entitled to an exemption from ad valorem tax for the total assessed value of their homestead. Required Documents: Please call our office for requirements.

DISABLED VETERANS FREEZE

DISABLED VETERANS ADDITIONAL HOMESTEAD EXEMPTION

At least one owner of the home must be a veteran with a 50% or higher service-connected disability rating, or the surviving spouse of a veteran with a 50% or higher serviceconnected disability rating, and owner must reside in home.

Owner of the home must reside in the home and be a veteran or the surviving spouse of a veteran, identified by the United States Department of Veterans Affairs with a service-connected disability rating as stated below shall be eligible for an increase in homestead exemption.

Required Documents: Disability Awards Letter, Driver’s License or Birth Certificate

The homestead exemption would increase from $75,000 as follows: » Service-connected disability rating of 50% - 70% shall be eligible for an additional exemption in the amount of $25,000 » Service-connected disability rating of 70% - 99% shall be eligible for an additional exemption in the amount of $45,000

» Service-connected disability rating of 100% shall be eligible for an additional exemption in the FULL AMOUNT of fair market value of the home Required Documents: Disability Awards Letter, Driver’s License or Birth Certificate

HOMESTEAD EXEMPTION In order to qualify for homestead exemption, one must own and occupy the house as his/her primary residence. Regardless of how many houses are owned, no one is entitled to more than one homestead exemption. With a maximum of $7,500 of assessed value, except in those parishes whereby voters approved an additional exemption of the assessed valuation on property receiving the homestead, which is owned and occupied by a veteran with a service connected disability rating of 50% - 100% by the U.S. Department of Veterans Affairs, shall be exempt from ad valorem taxation. You must go into the Assessor’s office and apply for homestead exemption as soon as you purchase and occupy your home. You are required, by law, to notify the Assessor’s office if you change residence

NUMBER OF HOMESTEAD EXEMPTIONS IN 2025: 29,004 NUMBER OF 100% HOMESTEAD EXEMPTIONS IN 2025: 9,272 TOTAL HOMESTEAD VALUE FOR 2025: $23,021,734.45 6 | LAFOURCHE PARISH ASSESSORS OFFICE


HOW ARE MY PROPERTY TAXES DETERMINED? Your property taxes are not set by the Assessor, property taxes are set by taxing districts and you the voter.

The Assessor determines the fair market value of your property. Fair market value is determined by using local sales data, cost, and market trends. The Assessor then calculates the “assessed value” of your property, which is a percentage of the fair market value. The percentage of the market value used in this calculation is provided for by law. Take away — The Assessor does not impose your tax liability, the Assessor determines the Fair Market Value of your property which is the first step in the formula that determines your property taxes.

Residents vote for millages to fund taxing district’s ability to provide governmental services. The millage rates that VOTERS approved are then applied to the assessed value to determine your property taxes. The taxing body is NOT required to levy the maximum millage every year and can levy any rate from zero to the maximum voter approved rate. Once a taxing body adopts a millage rate for the year, the Legislative Auditor approves the millage rate not the Assessor. Take away — the assessed value is multiplied by the millage rates approved by the voters and taxing districts to determine your property taxes.

2025

WHERE ARE MY EXEMPTIONS? A property exemption is a reduction or elimination of property taxes on a specific property for parish taxes only. This does not include taxes due to municipalities or special assessment fees. Property exemptions are approved by voters and eligibility is determined by law, not the Assessor. Exemptions are deducted from the total assessed value. (See more on page 6 for detailed list of exemptions and their requirements)

WHY DO MY TAXES CHANGE WHEN THE ASSESSOR HASN’T CHANGED MY VALUE? Your total tax due may change year to year as millage rates increase or decrease. Taxing districts have the authority to increase or decrease the voter approved millage rate each year. The taxing districts levy these millages annually. A decrease in millage rates may decrease the amount of taxes due — an increase in millage rates result in an increase of total taxes due.

2025 ANNUAL REPORT | 7


STAFF First Row Left to Right: *Kaitlynn Edwards, *Lauren Bourgeois, *Britni Bouzigard, *Wendy Thibodeaux, *Rosalind Benoit, Shirley Verdin

*These employees have met the requirements to receive accreditation from the International Association of Assessing Officers (IAAO) as Certified Louisiana Deputy Assessors.

Second Row Left to Right: Joni Callais, Randi Robert, Tori Chiasson, Rachel Terrebonne, Stacey Weimer Third Row Left to Right: Wendy Aschebrock, *Ryan Friedlander, *Jessica Swift Not Pictured: Jacob Griffin

ASSESSOR WENDY THIBODEAUX Wendy is a seven (7) time IAAO certified Assessor with over six hundred fifty (650) hours of assessment education and a 20 year member of the organization. Wendy is also the only Assessor in the state to earn a certification in vessel valuation, by Lloyd’s Maritime Academy.

LAFOURCHE PARISH ASSESSOR’S OFFICE

NORTH LAFOURCHE 403 St. Louis St. Thibodaux, LA 70301

CENTRAL LAFOURCHE 710 Church St. Lockport, LA 70374

SOUTH LAFOURCHE 131 East 91st St. Cut Off, LA 70345

Ph: (985) 447-7242 Fax: (985) 447-8060

Ph: (985) 532-0011 Open Tues & Thurs Only

Ph: (985) 632-6933


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