state debt

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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.


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Louisiana's budget problems extend beyond the current year shortfalls, but as the topic continues to dominate policy discussions ast the capitol, we're going to delve into some of the history and allied components of Louisiana's fiscal mess. Basically they all 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”.