Legislative Auditor

What's A Utility Worth?

Sep 14, 2017
Mark Carroll

What is a power plant, water company, or railroad worth in Louisiana? Much more than Monopoly money.

“If they did this different methodology, which is supported by national organizations and which other states use, the value of these companies would increase by $2.4 billion.”


Sue Lincoln

Burl Cain may be gone as Angola’s warden, but he’s far from forgotten, as the Legislative Audit Advisory Council looked into allegations of wrongdoing.


Sue Lincoln

Louisiana’s business and industry community says it’s supporting the efforts to reform the state’s criminal justice system. 

“If we can get more people into that workforce somehow, devising those ways to move them from where they aren’t being productive to where they can be productive, it too is part of the big issue in terms of the budget,” Mike Olivier with the Committee of 100 says.


Sean Gardner

“This is – from my standpoint – one of the worst cases of Monday morning quarterbacking that I’ve ever seen,” former state Wildlife and Fisheries Secretary Robert Barham said Thursday.

Barham, who served as DWF Secretary throughout the Jindal administration, was on the defensive, responding to a legislative audit questioning several million dollars of the agency’s spending, primarily in the seafood testing program following the BP oil spill.


courtesy LA DOTD

After last August’s floods, many claimed the Comite River Diversion Canal would have prevented much of the damage.

“Most people would not have flooded, but this traumatic event happened because of ineffectiveness,” says Denham Springs Representative Valarie Hodges.


The Legislative Auditor says there are some inventory problems with the LSU Health Care Services Division. 

A new report from the Louisiana Legislative Auditor says revenue coming into the state’s Transportation Trust Fund is not keeping pace with the state’s highway needs.

The report, compiled for informational purposes at the request of the Legislature, states, “With a significant rise in the costs of construction, a decline in federal funds, and only modest growth in state funding, there is concern that the TTF may not be able to address the transportation infrastructure needs of the state.”

In the worry over a potential 82 percent state funding cut for higher education, there has been a recurrent theme: more autonomy.

“One of the things we’ve asked for are autonomies,” Higher Education Commissioner Joseph Rallo has said on several occasions. They would allow us — whether it’s audits or procurements — to go out there in the marketplace and get some competitive bids.”

A bill that would grant some of those autonomies, HB 766 by Gretna Rep. Bryan Adams, was heard in House Education Tuesday afternoon.


Why do Louisiana’s student counts keep coming up so woefully short, requiring the state to come up with more money for K-12 education each spring?

House Appropriations chairman Jim Fannin led the effort to find out why Louisiana’s mid-year MFP shortfall had grown from $18-million in 2008 to $56-million in 2014.

“When you have an increase in need in the MFP and you have a decrease in your revenue, it creates a train wreck,” Fannin told the Legislative Audit Advisory Council Thursday, as they received a report on a legislatively requested audit of the student count problem.