Mike Stagg LIVE: Louisiana Coastal Plan

Thursday, 23 February 2017 12:47
Louisiana Gov. Edwards budget proposal-deep cuts, no taxes?
Written by 
Rate this item
(0 votes)

budget cut capital 5Going from one budget crises to another.

One day after an emotional Louisiana legislative special session to patch a budget hole of $304 million dollars, Governor John Bel Edwards is focused upon a new crises.

The issue?

After one legislative session after another in which taxes were raised or rainy day money was spent and in which government has been cut deeply, Edwards has rolled out new information about the upcoming budget mess that also needs massive repair.

This proposal formally appears to request to one-time money, fund sweeps and merely to cut governmental services based upon the actual revenues received, meaning no taxes.  However, Edwards notes that important services will not be funded, such as TOPS, thus, appears to be open to raising revenues to accomodate for those desired benefits.

Here is a press statement by the Governor’s office regarding the upcoming legislative session and the budget proposals.

Today, Gov. John Bel Edwards released the following statement regarding the release of the Fiscal Year 2017-2018 Executive Budget. In keeping with his commitment to honest budgeting, Gov. Edwards’ budget proposal does not include one-time money for recurring expenses or fund sweeps, includes input from every agency across state government, and spends only funds the state is projected to take in over the next fiscal year. The budget is balanced by recognizing $440 million less revenue for the fiscal year that begins July 1, 2017.

“Since day one, I have committed to open and honest budgeting that does not rely on the gimmicks of the past to hide the state’s financial problems,” said Gov. Edwards. “This is not the budget proposal I want to present and should serve as a starting point for the legislature. For the second year in a row, my budget plan contains no one-time money to pay for recurring expenses and no fund sweeps. The budget I am submitting only spends money the state is projected to have for the next fiscal year, meaning that many state services that I, and the people of Louisiana, consider to be important are not yet funded. Our work during the next special session will be critical as we structurally reform the state’s budgeting practices. In doing that, we will ensure that our state brings in a sufficient amount of revenue to fund our priorities and put Louisiana on a path to prosperity.

Included in the budget proposal is a list of priority expenditures identified by the administration. In the regular session, Gov. Edwards will submit a plan to the legislature to fund these priorities, including fully funding the TOPS program. As part of the list, Gov. Edwards has also indicated his intent to put more funds into the classroom by increasing the base MFP.

“My goal is to fully fund critical priorities of our state, most notably the TOPS program and transportation, but we cannot do that without making reforms and without additional revenue,” Gov. Edwards continued. “This is a critical moment for our state, but I am confident that we can make the changes we need to so the priorities I have identified can be funded for the people of our state.”

Click here for the complete list of priorities that Gov. Edwards would like to fully fund.

In 2016, Gov. Edwards proposed additional revenue to fully fund the TOPS program and other state priorities. However, those measures were blocked by a minority in the legislature.

In FY 18, the Department of Transportation and Development (DOTD) is projecting a $43.2 million state match shortfall for infrastructure projects and continues to have $13.1 billion backlog that Gov. Edwards inherited. The FY 18 shortfall, when combined with federal match, totals $216 million and could fund 546 miles of highway overlay, 360 replacements of 120-foot bridges, 107 replacements of 300-foot bridges. 

Click here to see the complete budget presentation.



Login to post comments
Powered By JFBConnect
  • Edwards gets Graves challenge on Louisiana flood relief money
  • Gov. Edwards's pugnacious state of union gave wrong Louisiana vision
  • Trump plus 80 days: Jim Brown, Bernie Pinsonat talk US, Louisiana politics
  • Trump should be like Reagan, not like Bush

graves c 3Shades of Katrina?

    Is political partisanship raising its ugly head again in the face of another Louisiana disaster?  Democratic Gov. John Bel Edwards thinks so.

    Edwards got some rough treatment from a congressional committee in Washington, D.C. when he testified before it recently about the state’s response to flood problems.

Read More

jbeWith equal parts pugnaciousness and disingenuousness, Democrat Gov. John Bel Edwards’ highly-politicized 2017 State of the State speech laid out a truly flawed vision for Louisiana going forward.

Read More

jim bernieIs Russia now our enemy, once again?

Did Donald Trump make the right move or was the latest attack, simply some wag the dog?

Read More

Iron nancy reagan 6n 1986, United States President Ronald Reagan authorized military aircraft to unleash a torrent of bombs in Tripoli, Libya to send a strong message to Libyan dictator Muammar Gaddafi. The attack was in response to Gaddafi’s involvement in the terrorist bombing of a Berlin disco that resulted in the death of American soldiers. 

Read More

BB Menu


Sen. Appel talks budget, economy


Dead Pelican

Optimized-DeadPelican2 1 1