Budget 101

Sue Lincoln

“The best thing you can do for a stable funding for government is to have a well-balanced stool,” says state Representative Julie Stokes, who is also a certified public accountant.

But when your budget – your stool -- doesn’t balance, what do you do?

media commons

Louisiana's budget problems basically boil down to one thing – more money needing to go out than is coming in. When it comes to state retirement systems, that problem has a name: it's called the “UAL”.


Budget 101: Outgo

Jul 4, 2017
courtesy: Tax Structure Task Force

Yesterday we looked at state income, as part of Budget 101. Today we’ll look at the outgo.

Where does Louisiana spend its $9-billion of State General Fund revenue?  Let’s begin with what are known as “non-discretionary” items.


Budget 101: Income

Jul 3, 2017
LA Tax Reform Task Force

A new fiscal year started this past weekend, so this might be a good time for a basic review. Let’s call it “Budget 101”.

We’ll start with state income – also known as revenue.