Governor Bobby Jindal wants to utilize one-time funds to keep the state afloat. Jindal's proposed budget was unveiled Friday to the Legislature's Joint Committee on the Budget.
The Governor's budget it $24.7 billion in size. One-time funds make up only $424 million of it – but last year, the budget’s use of one-time funds was smaller than that, and those funds not coming through were partially to blame for mid-year budget cuts.
Gov. Bobby Jindal invited the press to the Governor's Mansion for a brief preview of his budget, which will be unveiled in full Friday morning before the Joint Legislative Committee on the Budget.
The budget totals $24.7 billion. The governor says that's a billion dollar decrease from last year.
The Dept. of Health and Hospitals will see a cut of about $50 million because of a drop in federal funds. Jindal says the budget for higher education will see reductions because of the privatization of some of LSU’s hospitals, but not in other areas.