Louisiana Biz shorts for today: New leadership at New Orleans Port Cruise and Tourism division, International Fest, BGR says beware of the Trojan Horse, and BRAC has a new site for Baton Rouge region newcomers.
State Treasurer John Kennedy said that the Division of Administration strayed from standard accounting practices to arrive at a surplus for the 2014 fiscal year.
Louisiana Southwest State Representatives are speaking out about a recent news report that Louisiana would host Ebola-related incinerated waste from the Dallas dwellings.
Louisiana Governor Bobby Jindal is making news once again, courtesy of Politico and other national publications, who obviously have little to do but to run OpEds by the Governor in his bizarre presidential quest, while never probing into the governor's own record as he makes his self-serving comments.
Last week, the Gov. Bobby Jindal Administration declared FY 2014 ended with a surplus of about $178.5 million. But apparently $319 million of that came from an accounting change that caught Treasurer John Kennedy by surprise, leading him to muse whether there was a $141.5 million deficit as computed under some theoretically previous standard.
When Jeff Skilling took over as President and Chief Operating Officer of Enron in June of 1990, he did so only after insisting that the company convert from conventional accounting principles to a method preferred by his former employer, McKinsey & Co.
The Office of Group Benefits (OGB) has expanded its schedule of annual enrollment meetings across the state. These meetings will help to inform active and retired enrollees about the new benefit options being offered through OGB. Over 230,000 active and retired state employees and their dependents receive their health insurance through OGB and these meetings provide detailed information about the 2015 plan options. Attendees are encouraged to bring their decision guides and insurance cards.
One Republican lawmaker has a solution to what Louisiana should do with a budget surplus, should it really exist. His and other legislators' phones have been ringing off the hook due to a crises created by the Jindal administration’s privatization of OGB. Today, Louisiana Representative Kenneth Havard issued this statement today:
Business news media releases for the day, Helis Oil and Gas, Jindal and Castleton Commodities $1.2B capital investment, and Louisiana uninsured claims