state financial issues

Louisiana Division of Administration

What on earth is the CAFR?

“The Comprehensive Annual Financial Report,” John McClain with the Division of Administration explained recently, while giving freshman legislators a brief lesson in state finances.

“The goal of the CAFR is to provide data on the state’s financial health, as a whole,” McClain said, while going over the salient points of Louisiana’s CAFR for 2015. While the 217-page report seems complicated at first glance, he says it’s really designed to answer one simple question:

“How well can our current resources cover the claims on those resources.”


MONDAY: Dr. Stephen Barnes, John Kennedy, & Linda Barnickel

Feb 24, 2014

Jim Engster interviews Dr. Steven Barnes , Director Division of Economic Development talks about the economic output of the state, while Louisiana State Treasurer, John Kennedy speaks of food stamp fraud and other economic issues, and author Linda Barnickel discusses her book called "Milliken's Bend: A Civil War Battle in History and Memory" about African American slave soldiers in the Milliken's Bend battles.