state budget

Louisiana Rainy Day Fund
11:25 am
Fri June 1, 2012

Rainy Day Fund Legislation Advances in La. House

BATON ROUGE — The Louisiana House will take up a proposal to use $205 million from the state's "rainy day" fund to offset a deficit in this year's budget. The House Appropriations Committee voted yesterday to tap into the Budget Stabilization Fund. The move is overwhelmingly backed by the Senate. A bloc of conservative House Republicans voted against using the money. 

Louisiana Rainy Day Fund
9:28 am
Wed May 30, 2012

Senate Agrees To Use Louisiana's Rainy Day Fund

BATON ROUGE — Looking to fill a deficit of more than $200 million in this year's budget, the Louisiana Senate has agreed to tap into the state's "rainy day" fund. Senators voted yesterday for the proposal by Sen. Jack Donahue, Republican chairman of the Senate Finance Committee. It would allow lawmakers to take nearly $205 million from the fund. 

Louisiana Budget
9:32 am
Tue May 29, 2012

Senators Reverse Most of La. House Budget Cuts

BATON ROUGE, La. (AP) — The Senate's budget-writing committee refused to agree to deep cuts pushed by House Republicans for next year's $25 billion state operating budget.

Senators on the Finance Committee restored an estimated $350 million to next year's 2012-13 spending plans. 

Louisiana Budget
11:23 am
Thu May 24, 2012

Rainy Day Fund Part of Ongoing Budget Negotiations

BATON ROUGE, La. (AP) — An attempt to tap into Louisiana's "rainy day" fund to fill a $200 million deficit this year is mired in negotiations. Members of a bloc of conservative House Republicans say they won't support using the rainy day fund to fill the gap in the current year budget, unless the Senate goes along with limitations on the use of one-time money in next year's spending plans.

Louisiana Budget
11:33 am
Fri May 18, 2012

Conservative Lawmakers Fail to Block Budget Bill

BATON ROUGE, La. — A bloc of conservative Republicans in the House couldn't stall a budget bill that taps into one-time dollars to help piece together spending plans year after year.

The House voted 63-38 Thursday to send the bill to the Senate, raising questions about whether the coalition was fracturing and would be unable to hold together in negotiating a final version of next year's $25 billion operating budget with the Senate.

Louisiana Budget
9:24 am
Tue May 15, 2012

Colleges, Health Care Face Cuts in House Budget

 

BATON ROUGE, La. (AP) — Gov. Bobby Jindal's top budget adviser says the $25 billion budget proposal passed by the House could force steep cuts in public colleges and health care, damaging services.

Commissioner of Administration Paul Rainwater outlined his concerns Monday to the Senate Finance Committee.

GOP lawmakers in the House forced reductions of $268 million more than the Republican Jindal administration and Democrats want, saying they didn't want to use one-time dollars to pay for ongoing expenses.

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Louisiana Budget
11:57 am
Fri May 11, 2012

House Returns Friday To Try Again On $25B Budget

BATON ROUGE, La. (AP) — The Louisiana House is set to try again on Friday to reach a compromise over next year's budget, a day after deadlocking on the $25 billion in spending plans. Conservative Republicans and the Jindal administration are at odds over whether to use $270 million in one-time cash — or to make deeper cuts to state agencies. 

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