Jefferson Parish, Louisiana, Planned Capital Expenditure Increased By 108%
Jefferson Parish's 2024-2028 CIP details $422 million in planned capital projects, a 108% increase over the prior plan.
FirmoGraphs keeps its clients up to date on capital plans of interest for long-term business development. We help our customers use this information to gain a competitive advantage and improve proactive conversations with their clients. We recently processed the latest capital spending plan by the Jefferson Parish, Louisiana. Here are our observations.
How Much Is Jefferson Parish Planning to Spend in Its 2024-2028 CIP?
In the CIP covering the 2024-2028 fiscal years, Jefferson Parish, Louisiana, detailed plans to spend $422 million on capital projects, an increase of 108% from $203 million in its 2023-2027 CIP. The current CIP has 80 line items, compared to 74 line items in the prior CIP. The table below breaks down Jefferson Parish’s planned capital spending by business area for its last two CIPs.
Major Increases Across Business Areas in Jefferson Parish
Almost all business areas increased. The most significant increase goes to the Water category due to the East Bank Plant Upgrade, which increased by $129 million in the recent period. Similarly, the Street category experienced a 132% increase, propelled by the new Metairie Ave between Causeway Blvd & David Drive project. Lastly, the Drainage category saw an increase driven by existing projects.
Jefferson Parish Announces Multi-Million Dollar Investments in Critical Infrastructure Projects
Jefferson Parish has one notable line valued at over $100 million and one at over $10 million. The largest line item is the East Bank Plant Upgrade, worth $133 million, under the Water category. Another $17 million is also planned for the West Metairie Ave between Causeway Blvd & David Drive, under the Street category.
How FirmoGraphs Can Help
FirmoGraphs curates data about U.S. public sector markets, including transportation improvement programs, regulatory developments, and other critical information. We help our customers use this information to gain a competitive advantage and improve proactive conversations with their clients. We’d be glad to meet with you and help your company sort through the wealth of information in improvement programs and other publicly available documents. Feel free to request a meeting and review the data live on our Business Intelligence platform.
Frequently asked questions
- How much did Jefferson Parish's planned capital spending increase?
- Planned capital spending increased 108%, from $203 million in the 2023-2027 CIP to $422 million in the 2024-2028 CIP.
- What is the largest capital project in Jefferson Parish's 2024-2028 CIP?
- The largest line item is the East Bank Plant Upgrade, worth $133 million, under the Water category.
- Which business area saw the biggest spending increase?
- The Water category saw the most significant increase, driven by the East Bank Plant Upgrade, which rose by $129 million. The Street category experienced a 132% increase, propelled by the new Metairie Ave between Causeway Blvd & David Drive project.