mid-year cuts Archives - Louisiana Budget Project

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)

February 8, 2017

Feb. 8: A battle over stop-gap funding

Gov. John Bel Edwards came to office promising to end the age-old practice of using one-time, stopgap funding to pay for recurring government expenses, which grew to epidemic proportions under his predecessor.

January 30, 2017

Jan. 30: Fees, but no taxes in special session

Gov. John Bel Edwards told lawmakers Friday that he will not be asking for new general tax revenues during the special legislative session he plans to call next month to address Louisiana’s $304 million mid-year budget shortfall.

January 24, 2017

Jan. 24: The Cassidy plan for ACA overhaul

U.S. Sen. Bill Cassidy of Louisiana joined three of his colleagues on Monday in laying out a plan to replace the federal Affordable Care Act with an alternative that represents a partial retreat from earlier promises to repeal the landmark law in its entirety.