The LSU Athletic Department is making a $4 million contribution to the university to help with budget challenges in the 2012-13 fiscal year.
The transfer is the single largest contribution from Athletics to Academics in school history. Director of Athletics Joe Alleva says being able to make such a contribution is a "real credit to LSU's fans and alumni who support the Tigers."
Almost 60 years since it opened, the Southeast Louisiana Hospital — a psychiatric facility that gained national notoriety in 1959 when then-Gov. Earl Long was briefly committed there — is preparing to close down its daily operations.
The Times-Picayune reports that the hospital's closing is part of an $859 million cut to the state's federal Medicaid program.
The Louisiana Department of Health and Hospitals hopes to send all 176 beds occupied at the hospital to other public and private hospitals in the state.
Louisiana gives out about $4.4 billion in tax breaks to businesses and individuals each year. A look at the major categories of taxes collected and tax exemptions in the just-ended 2011-12 budget year, according to estimates from the state revenue department: