bundled payments

August 18, 2017

Contingency planning

Louisiana’s 2017-18 budget is currently balanced. But Republican state lawmakers don’t believe the state’s revenue projections will hold up, and have asked Commissioner of Administration Jay Dardenne to provide a list of $60 million in potential mid-year cuts.

Number of the Day

$54 million- Amount the state saved by refinancing $377 million in Gasoline and Fuels Tax Revenue Bond debt, which can be used for highway and bridge projects. (Source: The Advocate)