Main Line:
(985) 446-7606
Fax Line:
(985) 493-8756
Postal Address:
P.0. Box 5418310 W. 2nd St
Thibodaux LA, 70301
Press Releases and Newsletters
WRITTEN CERTIFICATION AS REQUIRED BY PROCLAMATION NUMBER JBE 2020-30
| Post Date | Updated At |
|---|---|
| Wednesday, Apr. 01st at 3:25 PM | Thursday, Apr. 02nd at 5:02 PM |
Phone: 446-7606
Email: grants@ci.thibodaux.la.us
Due to the restrictions that have been set forth by both State and National authorities, and the fact that these restrictions may cause the Thibodaux City Council to be unable to operate because of quorum requirements, the Thibodaux City Council has decided to conduct the April 7, 2020 regularly scheduled meeting via video-conference. The meeting will be held utilizing Zoom, and the public will be allowed to comment via this platform. Public comment can also be submitted by email to jmorvant@ci.thibodaux.la.us or by fax at (985) 446-7299 by 4:45 p.m. on the day of the meeting.
Instructions on how to use Zoom can be found by downloading the zoom app on your mobile device, or on their website at www.zoom.com
___________________________________________________________________
Join the Zoom City Council Meeting by clicking the following link:
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 |
Phone: 446-7606
Email: grants@ci.thibodaux.la.us
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.
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 |
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.
___________________________________________________________________
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 View MorePress Releases Archive for 2021:
Click on an file link to open PDF in new window.
Newsletters for 2022:
Click on an file link to open PDF in new window.
|
7/1/2022 | City of Thibodaux July Newsletter |
|
|
6/1/2022 | City of Thibodaux June Newsletter |
|
|
5/2/2022 | City of Thibodaux May Newsletter |
|
|
4/1/2022 | City of Thibodaux April Newsletter |
|
|
3/3/2022 | City of Thibodaux March Newsletter |
|
|
2/1/2022 | City of Thibodaux February Newsletter |
|
|
1/1/2022 | City of Thibodaux January Newsletter |