Press Releases and Newsletters

Postal Address:

P.0. Box 5418
310 W. 2nd St
Thibodaux LA, 70301

City of Thibodaux COVID-19 (Coronavirus) Update

Post Date	Updated At
Tuesday, Mar. 31st at 11:10 AM	Tuesday, Mar. 31st at 11:10 AM

Contact: Sarah Arceneaux, Grants Director
Phone: 446-7606
Email: grants@ci.thibodaux.la.us

The City of Thibodaux just completed the third Unified Command Group (UCG) meeting where the Mayor made executive decisions regarding the City of Thibodaux. Another UCG meeting is scheduled for Thursday, April 2, 2020. The City of Thibodaux continues to be deeply involved in the federal, state and parish response efforts as they apply to our residents, businesses and institutions. The City continues to ask everyone to remain in compliance with Governor Edwards’ Emergency Declaration and practice social distancing. In support of the declaration, the City of Thibodaux, City Departments are practicing social distancing through remote work, teleconferencing and rotating schedules. In addition, the City Council is exploring teleconferencing options for future council meetings. The City of Thibodaux will make a decision on summer Parks and Recreation Programs on April 15, 2020.

We remain committed to getting through the COVID-19 outbreak in the best possible fashion that supports our residents, businesses and institutions. We will get through this TOGETHER! For the most accurate information refer to CDC.gov, LDH.LA.gov or the City of Thibodaux website.

https://www.ci.thibodaux.la.us/forms/departments/ep/emergency-info/covid19/COVID-19%20City%20of%20Thibodaux%20UCG%20Briefing%20March%2031,%202020.pdf

Business Relief During COVID-19 (Coronavirus) Update

Post Date	Updated At
Monday, Mar. 30th at 5:38 PM	Tuesday, Mar. 31st at 8:04 AM

Contact: Sarah Arceneaux, Grants Director
Phone: 446-7606
Email: grants@ci.thibodaux.la.us

Mayor Tommy Eschete would like to provide an update in reference to the federal stimulus package and how it impacts the businesses in Thibodaux. The recent stimulus package provides relief to local communities in many ways. If you would like to see all the sections of this bill please check the web-link below:

https://www.congress.gov/bill/116th-congress/senate-bill/3548/text

Specifically, the Cares Act, Small Business Interruptions section provides small business relief. It is designed to prevent layoffs and business closures while workers have to stay home during the outbreak. Companies with 500 employees or fewer that maintain their payroll during coronavirus can receive up to 8 weeks of cash-flow assistance. If employers maintain payroll, the portion of the loans used for covered payroll costs, interest on mortgage obligations, rent, and utilities would be forgiven. Here is some information on the SBA loan process:

https://www.sba.gov/page/coronavirus-covid-19-small-business-guidance-loan-resources

The intent of the CARES Act is to utilize local banks to dispense the small business loans. To find a SBA approved vendor please click the link below:

https://covid19relief.sba.gov/#/

In addition to the small business relief, several federal business restrictions and limitations have been relaxed. The Tax Cuts and Jobs Act (TCJA) net operating loss rules are modified. The 80% rule is lifted, and losses can now be carried back five years. The excess loss limitation (ELL) rules for pass-through entities are suspended. The interest expense limitations are increased to 50% from 30% for tax years beginning in 2019 or 2020. Taxpayers can also elect to calculate the interest limitation for 2020 using their 2019 adjusted taxable income as the relevant base, which often will be significantly higher.

The City of Thibodaux is committed to serving all residents, businesses and institutions in this region. As the information becomes available, the City of Thibodaux will continue to provide updates to assist everyone in moving forward each day.

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Thursday, April 2, 2020 AT 8:30 AM

Business report intelligence webcast with Congressman Garret Graves and Stephen Waguespack: explaining the federal coronavirus and package and what it means for your business. A live discussion online regarding recent federal legislation and how it will impact local businesses and our community. The webcast will be moderated by executive editor, JR ball. Questions may be submitted during the live webinar using zoom’s Q&A. https://zoom.us/webinar/register/2015852737509/WN_u9wR3XArRvaWO1k1xqHjFA

COVID-19 (Coronavirus) Informational Brochures

Post Date	Updated At
Thursday, Mar. 26th at 12:35 PM	Thursday, Mar. 26th at 12:38 PM

Contact: Sarah Arceneaux, Grants Director
Phone: 446-7606
Email: grants@ci.thibodaux.la.us

The Louisiana Department of Health and the CDC have recently released informational brochures to the public in reference to COVID-19 (Coronavirus). Please visit the City of Thibodaux’s website through the links provided below to learn more about how to prevent the spread of the virus and guidance around testing for the virus.

CDC - Steps to help prevent the spread of COVID-19 if you are sick:

https://www.ci.thibodaux.la.us/forms/departments/marketing/linked_files/sick-with-2019-nCoV-fact-sheet.pdf

Louisiana Department of Health - Testing Guidance COVID-19:

https://www.ci.thibodaux.la.us/forms/departments/marketing/linked_files/TestingGuidance%20for%20HAN%20032520.pdf

Please continue to refer to the following websites for the most current information on COVID-19: CDC.gov/COVID19, LDH.LA.gov, and https://www.ci.thibodaux.la.us/Departments/ep/EmergencyInformation.