Sue Lincoln

Reporter

Sue Lincoln is a veteran reporter in the political arena. Her radio experience began in the early ’80s, in “the other L-A” — Los Angeles.

Since her transplantation to Louisiana 25 years ago, she has covered the state, the capital, and its colorful cast of characters for Louisiana Radio Network, LPB and the Southern Education Desk.

Now she’s focusing her experience and expertise on producing WRKF’s Capitol Access.

Ways to Connect

screen capture by S. Lincoln

“Tonight I speak to you as no other Louisiana governor has ever spoken to our state, because this is a historic fiscal crisis.”

In an unusual move, Governor John Bel Edwards took to the airwaves last night to address the people of Louisiana. Previous governors have done this in times of imminent danger: for example, to urge evacuation for approaching hurricanes. Edwards made it clear he believes this requires similar urgency.

Mark Carroll

State fiscal analysts did not spare the bad news when the Revenue Estimating Conference met Wednesday.

“Sales tax is stagnating,” Legislative Fiscal analyst Greg Albrecht advised, adding, “The employment numbers are so bad it’s going to bleed into those income tax numbers.”

Manfred Dix with the Division of Administration was a bit more understated with his pronouncements on the revenue downturns.

“A substantial downgrade in the corporate forecast is advisable,” Dix said, regarding the fact the state has paid out more in corporate tax refunds than it has collected in corporate taxes paid. “It is really bad.”

S. Lincoln

(This is an encore episode.)

As Louisiana deals with chronic shortages in the state healthcare budget and works through accepting the federal Medicaid expansion, a whole lot of acronyms are being tossed around, like ACA, IGTs, CMS, IAT, DSH payments, FMAP rates.

What the heck is all this alphabet soup, you ask? Here’s a quick class on Medicaid terminology.


Louisiana Division of Administration

What on earth is the CAFR?

“The Comprehensive Annual Financial Report,” John McClain with the Division of Administration explained recently, while giving freshman legislators a brief lesson in state finances.

“The goal of the CAFR is to provide data on the state’s financial health, as a whole,” McClain said, while going over the salient points of Louisiana’s CAFR for 2015. While the 217-page report seems complicated at first glance, he says it’s really designed to answer one simple question:

“How well can our current resources cover the claims on those resources.”


livescience.com

Today, Governor John Bel Edwards is expected to issue his call for the special legislative session to begin February 14th.

“The need for additional revenue is now, and it’s acute,” Edwards has said.

The call will tell lawmakers to consider a number of revenue-raising measures to alleviate the state budget shortfall, which Commissioner of Administration attributes to “poor fiscal planning combined with a shortfall of revenue.”

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