|Posted on 3/20/2017 12:04:00 PM.|
A north Louisiana lawmaker believes he has the solution to Louisiana’s ongoing midyear budget cuts. Jonesboro Senator Jim Fannin says the Revenue Estimating Conference consistently overestimates how much money the state will bring in, which leads to midyear cuts every year.
|Jim Fannin, budget, REC, midyear cuts, budget cuts, regular session|
|Posted on 2/23/2017 10:56:00 AM.|
The Edwards administration unveiled a spending plan for the fiscal year that starts July 1, and TOPS is not fully funded under their proposal. Commissioner of Administration Jay Dardenne says it will take an additional $81 million to fully fund the scholarship program.
|Jay Dardenne, budget, TOPS, DCFS, DOTD, regular session|
|Posted on 2/17/2017 5:47:00 AM.|
Today the state House will decide how much, if any, of the rainy day fund to use to close a $304 million budget shortfall. New Orleans Representative Walt Leger says lawmakers passed a budget last year describing what they want to accomplish for the people of Louisiana, and it’s the legislature’s responsibility to meet those promises. He says the best way to accomplish that would be to use $119 million from the rainy day fund.
|Walt Leger, Rick Edmonds, budget, special session, rainy day fund|
|Posted on 2/15/2017 5:59:00 PM.|
The House Appropriations Committee approved legislation on Wednesday that takes only $74 million from the rainy day fund, instead of the $119 million the governor recommended. The vote comes after a heated back and forth between the governor’s chief budget advisor and Republican lawmakers.
|Jay Dardenne, John Schroder, House Appropriations Committee, budget|
|Posted on 2/15/2017 11:59:00 AM.|
The debate continues at the state capitol on whether or not to tap into the rainy day fund to address a $304 million midyear budget deficit. House Appropriations Chairman Cameron Henry opposes the use of rainy day fund and continues to push for reductions in state spending.
|Cameron Henry, special session, budget, |
|Posted on 2/13/2017 10:42:00 AM.|
Tonight Louisiana lawmakers will convene for their third special session in just one year, as they attempt to resolve a $304 million midyear budget deficit. ULM political science professor Dr. Joshua Stockley says one of the biggest battles will be whether or not to tap into the rainy day fund, and how much. He says if they do not use the fund, lawmakers will face some tough decisions.
|Joshua Stockley, special session, budget, rainy day fund|
|Posted on 2/7/2017 11:38:00 AM.|
Lawmakers are looking over the Governor’s proposal to eliminate a $304 million midyear deficit, ahead of next week’s special session to debate the plan. Statewide elected officials would see budget reductions, but higher education would be spared. Alexandria Representative Lance Harris says it’s important no stone is left unturned when it comes to spending reductions, but he doesn’t want students to be impacted again.
|Lance Harris, Danny Martiny, Bret Allain, budget, |
|Posted on 2/3/2017 4:08:00 PM.|
Governor John Bel Edwards has issued the call for a special session to address a $304 million budget shortfall for this fiscal year. It will begin Monday night on February 13th and it must conclude by midnight February 22nd.
The governor is proposing to use rainy day dollars and cuts to various areas of state government, including the department of health.
|John Bel Edwards, special session, call, deficit, budget|
|Posted on 1/26/2017 5:49:00 AM.|
The Governor’s Office says a Republican lawmaker’s plan to close a $304 million dollar deficit would cripple public-private-hospitals, lead to the release of 4,500 inmates and make a historic cut to public schools. Communications Director Richard Carbo says Lance Harris of Alexandria’s proposal would devastate state agencies.
|Richard Carbo, Lance Harris, budget, LDH, special session|
|Posted on 1/25/2017 4:32:00 AM.|
Lawmakers are once again proposing more changes to the TOPS scholarship program as budget problems continue to plague the state. State representative Franklin Foil says raising the requirements for TOPS could make the program more affordable. The GPA requirement is currently a 2.5, but he says it should be increased to a 3.0 over the next three years.
|Frank Foil, TOPS, budget|
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