Capitol Access

Weekdays at the bottom of the hour during Morning Edition

Reports on Louisiana politics, government and the people shaping state policy.

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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.”

Creativecommons.org

With just a month to go until Louisiana’s Presidential Preference Primary, a study committee is looking for ways to cut back on the expense of so many elections. 


Sue Lincoln

He may have been sworn in three weeks ago, but Governor John Bel Edwards remains on the campaign trail.

“Despite everything that we’ve heard from the ‘education reform governor’, he left office and our educational achievement levels were 49th,” Edwards said Tuesday evening.

Thus far this week, he has spoken to the Republican Legislative Caucus, Board of Regents stakeholders, and the American Sugar Cane League. Today he’s set to address the Louisiana Hospital Association and the construction trades convention. Edwards is pushing his plan for solving the state budget crisis, now seeking votes from lawmakers.

Sue Lincoln

“We didn’t need to create a doomsday budget. Governor Jindal did that for us.”

Commissioner of Administration Jay Dardenne says even though citizens have been told the sky was falling for the past several years, this time everybody better grab an umbrella.

“These are not cherry-picking the worst possible things to get everybody all in a lather. This is the reality of what we’ll have to deal with.”

Dardenne was blunt with the Baton Rouge Press Club Monday, talking about the cuts DHH will have to take as part of curing the 750-million dollar current budget shortfall.

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