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A bill to lower the cap on the state’s Rainy Day Fund could shift another $200 million in mineral revenues into the operating budget next year. This would be in addition to the $169 million in new money recently added to the revenue estimate. The bill was passed out of the Senate Finance Committee on […]
Efforts to derail the Stelly Plan are building steam for the legislative session. While there has been no ground swell of public opinion against the plan, some legislators are attempting to create one. Others apparently feel compelled to respond to the complaints of a vocal few among the small minority of taxpayers who experienced a […]
The announcement that state revenues for this year and next would be $360 million ahead of earlier projections has fueled a feeding frenzy and the potential for making some major fiscal blunders. However, by honoring the spirit of the constitutional provision regarding the use of non-recurring revenue, the state has an opportunity to place its […]
PAR’s 55th Annual Conference and Luncheon attracted a crowd of over 500 attendees to preview the 2005 legislative session. The April 22 event focused on the wide range of topics to be covered during the state’s first hybrid fiscal session. Click Here to read PAR’s Summer 2005 Newsletter with a complete rundown of the conference […]
When it was initially introduced, the state budget for next year left a large healthcare funding gap in spite of considerable belt-tightening. However, there was not the sense of crisis and urgency that has often accompanied the budget presentation. The reason soon became apparent as the state’s fiscal prospects brightened considerably. With improved revenue estimates […]
EDITOR’S NOTE: For a list of the 2005-2006 PAR Board of Directors Click Here. You may want to highlight people from you community. Dr. James Peltier of Thibodaux was elected chairperson of the Public Affairs Research Council (PAR) Board of Directors at the organization’s annual conference in Baton Rouge on Friday, April 22nd. Peltier has […]