The Natchitoches Parish Tax Assessor’s Office has released a document outlining the estimated property tax losses following the announced closure of International Paper’s Red River Mill in Campti. Based on 2024 property values, the closure is expected to result in an estimated $5.74 million annual reduction in local tax revenue.
The document, issued by Assessor Yolanda C. Reed, details the projected financial impact across multiple public services, including schools, law enforcement, and emergency response agencies. The parish-wide total loss is projected at approximately $3.16 million, with additional losses affecting specific districts and agencies outside the immediate parish jurisdiction.
Significant Financial Impacts
Among the most affected entities are:
- Natchitoches Parish Schools – A combined loss of over $650,000 for general and special school funding.
- Law Enforcement – Over $1 million in lost tax revenue, potentially impacting policing and public safety services.
- Fire District #9 – A reduction of $281,113, which could affect emergency response capabilities.
Library Services – Nearly $439,000 in lost funding, potentially impacting library operations and resources. - International Paper announced the permanent closure of the Campti-based facility on Feb. 13, citing economic conditions and restructuring efforts. The mill has been a cornerstone of the local economy, providing jobs and contributing significantly to the tax base. Parish officials and community leaders are now assessing the broader impact on businesses, residents, and public services.
For more information, residents can view the full tax impact report below.
