Gov Edwards: A budget surplus is a good thing
Posted on 9/20/2018 11:41:00 AM.
Governor John Bel Edwards says Louisiana finished the fiscal year that ended June 30th with a budget surplus of approximately 300-million dollars. Edwards says the state's economy is performing better than what the Revenue Estimating Conference predicted.
 
"Corporate and personal income taxes appear to be higher than forecasted and we hope this is an indication of a continuing trend where we are going to see the economy improve," said Edwards. 
John Bel Edwards, surplus, budget, economy

Schroder estimates significant budget surplus for last fiscal year
Posted on 9/14/2018 1:29:00 PM.

State Treasurer John Schroder estimates the state will have an over 300 million dollar budget surplus from last fiscal year after revenues out performed expectations. However, the final audit results won’t be ready until October, and Schroder says they’ll have to figure out just how the state stumbled into so much cash.
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John Schroder, Treasury, Treasurer, Louisiana, surplus, 2018

Gov. releases plan for spending 123 million in surplus funds
Posted on 3/29/2018 4:55:00 AM.

Governor John Bel Edwards is seeking legislative approval for his plan on how to spend 123 million dollars in surplus dollars from the last fiscal year. If he has his way, 40 million dollars of the excess would be dumped into transportation projects. Edwards says the money would be spread out across the bayou to improve critical infrastructure.
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John Bel Edwards, fiscal cliff, surplus, infrastructure

Louisiana finishes last fiscal year with a surplus
Posted on 9/21/2017 9:27:00 AM.
By Jeff Palermo
Good budget news for the state has been hard to find, but we finally found some. Governor John Bel Edwards says the state ended up with a 143-million dollar surplus for the fiscal year that ended June 30th. Edwards says it's a sign Louisiana's economy is improving. 
 
"We've been disciplined, we've worked extremely hard, and so the revenue is finally exceeding slightly the revenue forecasts," Edwards said.
John Bel Edwards, surplus, revenue, Louisiana economy





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