The Louisiana state government will have $179 million more to spend this year and next year, after public revenue estimates came in higher than originally projected.Still gonna need at least $150 million (or probably more) to "balance" the terrible budget. Maybe revisit those film tax credits one more time?
Legislative leadership said they expect to use at least $100 million of the new revenue to address Louisiana's $1.6 billion budget shortfall. The money will primarily go to backstopping the state's health care programs, which are facing dramatic cuts.
Thursday, May 14, 2015
Ah yes, it's the midway point of the legislative session
That's always the part where they find all the secret money in the sofa cushions somewhere.
Labels:
budget,
legislature,
Louisiana
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