Governor Jeff Landry says his proposed budget for next fiscal year reduces the amount of state funds by up to a billion dollars from the current fiscal year. Landry says the state spending plan continues the trend of decreasing the overall amount of money the state spends.
“I believe our budget once again sets us on the right path towards fiscal responsibility and shared prosperity. I look forward to working with the legislature to achieve these goals,” Landry said.
Thursday, Commissioner of Administration Taylor Barras will provide state lawmakers with more specifics of the budget proposal. The Legislature will spend the next several months making changes to the spending plan and the goal is to approve a budget before the legislative session ends on June 12th.
“This new budget will allow us to use any new revenue on non-recurring expenditures, such as, continuing to lower the personal income tax rate even further, OR by making investments in critical State infrastructure such as roads, bridges, water, and sewer systems,” Landry said.
Landry says he has created a fiscal responsibility program and appointed a budget czar to review government expenditures. He says efficiencies have already been discovered that’s reduced the total amount of dollars the state will spend.
“This was accomplished by finding efficiencies including saving over $11 million dollars in the Louisiana Department of Health, over a million dollars of savings in the Department of Energy and Natural Resources, $2.3 million dollars’ worth of savings at the Division of Administration,” Landry explained.
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