state budget

The Louisiana survey takes the pulse of the people every year about major policy issues facing the state. LSU’s Public Policy Research Lab has been rolling out the results of this year’s edition.

Research Director Michael Henderson agrees public opinion is leaving lawmakers between a rock and a hard place when it comes to closing the state budget hole. As for state services, the public gives the colleges and universities particularly high marks. And though a majority still opposes it, there's slowly growing acceptance of same-sex marriage.


Sue Lincoln

The $1.6-billion state budget deficit is going to be a major factor in the in the gubernatorial election this fall. All four announced candidates for governor appeared at a forum earlier this month, and offered their ideas on how to deal with the shortfall.

Skies may actually be clear over Baton Rouge today, but gloom hangs over the state capitol, as the Revenue Estimating Conference downgraded Louisiana’s income forecasts Monday. That means there’s a $103-million shortfall for the current fiscal year. And the deficit for the next budget year, which starts July 1, has ballooned to $1.6-billion.


Melinda Deslatte
Associated Press

Melinda Deslatte, capitol correspondent for the Associated Press, sums up 2014, or at least the year in Louisiana politics.

 


aliceintheflowers

It has not been a terrific few weeks for state finances.

Oil revenues dropped. And then a $180 million hole appeared in the state budget.

Melinda Deslatte, AP reporter on the state budget beat, explains how Gov. Bobby Jindal plans to close the gap.


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