BATON ROUGE — Treasurer John Kennedy, a critic of the Jindal administration's financial policies, has found his budget cut with Gov. Bobby Jindal's line-item veto.
In his veto message, Jindal said he's stripping more than $511,000 from Kennedy's budget next year to "streamline" the agency, to reflect spending patterns over the last three years and to strip money for four vacant jobs.
Kennedy's office will have a $12.2 million budget in the fiscal year that begins July 1, compared to $12.7 million this year, a 4 percent reduction, according to the treasurer's office.
BATON ROUGE, La. (AP) — The House budget-writing committee is unveiling its plans Tuesday for filling a $211 million deficit this year, after working behind the scenes with the governor's office on ideas for plugging the gap.
The Appropriations Committee also is expected to rework next year's $25 billion budget proposal to account for a more than $300 million drop in projected state revenue in the new year that begins July 1.
BATON ROUGE, La. (AP) — Lawmakers are weighing whether to use Louisiana's "rainy day" fund to fill a $211 million gap in this year's budget.
House Speaker Chuck Kleckley said Thursday that the state could get $215 million from the fund, if two-thirds of the House and Senate agree. He says he's willing to look at using the money because he's worried that higher education and health care would face deep cuts otherwise that could damage services.
The state's forecasting panel downgraded income projections this week.
BATON ROUGE, La. (AP) — Halfway through the regular legislative session, lawmakers are still having to deal with next year's $25 billion budget that faces a list of trouble. Those include falling income estimates, ties to uncertain retirement changes and disputes over how much one-time money should be plugged into the spending plan. The state's revenue forecasting panel on Tuesday is planning to tweak income estimates.