FY 2016 state budget

Budget Balanced -- For Now

Dec 16, 2016
media commons

The Joint Legislative Committee on the Budget met Thursday to resolve the $313-million shortfall leftover from the past fiscal year.


Department leaders sat in front of the House Appropriations Committee Wednesday, as Legislators continue taking an early look at next fiscal year’s budget. 


Sue Lincoln

The House Appropriations Committee has started looking at next fiscal year’s state budget. 

Sitting in front of the committee Tuesday, Commissioner of Administration Jay Dardenne said while they look ahead, they also have to look back at last year’s budget. 


Lawmakers Delay Action on Deficit

Nov 21, 2016
Pinterest

When the Joint Budget Committee met Friday to consider the governor’s plan for remedying the $313-million deficit from Fiscal Year 2016, Commissioner of Administration Jay Dardenne couldn’t resist saying – in effect – “We told you so.”


Governor Talks TOPS

Nov 17, 2016
LOSFA

Students attending school on TOPS scholarships are receiving letters that they’ll owe 60% of their tuition in the Spring semester. Speaking on his monthly radio show, Governor John Bel Edwards says it didn’t have to be this way. 


Sue Lincoln

The Joint Legislative Committee on the Budget meets Friday to acknowledge the state collected $315 million less in revenue than needed for fiscal year 2016. 


“What We Need Is Job Growth”

Nov 11, 2016
Sue Lincoln

The state’s Revenue Estimating Conference met Thursday, to officially acknowledge the shortfall for the fiscal year that ended July 1st.

“The bottom line: $315.5 million less in General Fund direct revenue collected, relative to expectation or forecast for FY 16,” Legislative fiscal analyst Greg Albrecht announced.

State Budget Woes Continue, Despite Distractions

Nov 4, 2016
Tracy Conway

There are lots of distractions right now -- LSU vs. Alabama, hunting season, great weather, the elections – but Louisiana’s budget woes haven’t diminished. Instead, they’ve grown again.


Despite Flood, "Rainy Day" Fund Off-Limits

Sep 28, 2016
media commons

The previous fiscal year ended July 1st, but we still don’t know how deeply in the hole the state ended up.

Sue Lincoln

Commissioner of Administration Jay Dardenne said last week the state is expecting a shortfall of between $200-million and $300-million for the fiscal year that ended June 30th. Those moneys will have to be made up out of this year’s already over-committed state revenues -- something that worries Louisiana Health Secretary Dr. Rebekah Gee.

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