The IRS is now announcing that local homeowners who receive grants from the LRA–those checks amounting to as much as $150,000–may have to pay taxes on it, particularly if they showed losses on their 2005 income taxes. The 2006 grants are meant to off-set those losses, therefore, this new money would be taxable. Our senators are quietly saying that in all the rush for legislation to assist Katrina victims, they overlooked this possibility.
Saturday’s Times-Picayune announced that the agency handling these large grants for the state fully intend to meet the governor’s goal of 10,000 residents receiving their checks by the end of this month. Some 80,000-plus have filed applications for the money, and nearly 9,000 have been approved. To date, however, only 44 people have received their money.
The snag in the process, we are told, has been the insurance companies. As the oversight agency considers a home-owner’s application, it deducts all insurance settlements that have been received. Problem is, the insurance companies have had no incentive whatever to come forth with information on how much money they paid to our citizens. Some have insisted, “That’s private stuff.” I have no idea how the agency is getting around this, particularly as the governor applies the screws.
Here and there throughout the metro area where new houses are going up, you see mounds of dirt–many truckloads–hauled in, dumped, and leveled off. A new home is going up across my back street in River Ridge, and even though we live on the highest ground around and have never had flooding, it looks like 20 loads of dirt have been unloaded. Now, Jefferson Parish is restricting the use of “fill dirt” under houses in certain areas. Recently, in Old Metairie–the oldest section of our parish and probably the highest-priced–neighbors watched as recent heavy rains washed dirt from under newly built homes into the streets and adjoining yards. Christie Perdigao, chair of the Old Metairie Commission says, “In addition to impeding drainingage, filling entire lots with new layers of dirt kills trees and creates an uneven landscape damaging to neighborhood aesthetics.”
Last week, the Jefferson Parish Council passed a motion which stops filling whole lots with dirt and calls for planners to study other ways of rebuilding neighborhoods.
In Friday’s Times-Picayune every letter to the editor was about St. Frances Cabrini Church, whether it should be demolished to make way for Holy Cross School or whether it is an architectural treasure. A few quotes….


