Folsom’s hurting right now.

Thanks to the hostile economy, sales have dipped dramatically in the small village, which equates to less sales tax and less funding for public works projects, Mayor Marshell Brumfield said.

As a result, village officials have suspended some of the ongoing projects until more funding becomes available. Officials recently moved into their new town hall, the vacated Capital One building, and began making aesthetic repairs. Those repairs, like new carpeting and light fixtures, have been placed on hold until business picks up, Brumfield said.

Because of the village’s lack of resources, most of the larger projects, like street repairs, are funded with state money and grants. Brumfield said they’re waiting to be approved for more grant money to repair more streets.

The small village does not impose any property tax millages and only survives off sales taxes.

That’s part of the problem, Brumfield said, but they have to wait until the comprehensive land plan, still in the beginning stages, is completed before imposing any millages or impact fees.

The plan will not be completed until sometime next year.

There’s still hope, Brumfield said.

Several businesses, like a carwash, have recently opened along Louisiana Highway 25, with several more under construction right now.

There’s even talks of additional businesses, like Subway, taking an interest in Folsom, which currently has no fast food restaurants.

But at the same time, Brumfield said he’s heard whispers of some of the existing businesses possibly shutting their doors.

In 20 years of service, 10 as mayor and 10 as alderman, Brumfield said his village has seen its share of ups and downs.

However, this current funk may take the cake.

“We haven’t experienced the tax revenue being this low in quite a few years,” he said. “I’m an optimist. We just have to make the adjustment. Things are going to improve.”