A $5 million deficit has Lafayette City-Parish council members debating on how to fill the gap, by either making cuts for next year's budget, or increasing revenues. Talks of cuts could mean the deficit might hurt arts and public service organizations in Lafayette.
"With our current budget we are... more »
LAFAYETTE, La. (AP) - Next year's Lafayette city-parish government budget might need to be $5 million leaner. The Advocate reports a discussion on Tuesday about the need for two new fire stations expanded into a debate over how the administration and council will find the estimated $5 million in new... more »
At a public forum Monday night, the St. Landry United Coalition of Educators (SLUCE) outlined what representatives called wasteful spending and mismanagement of funds by the St. Landry Parish School Board.
As we've been reporting for several months, the board is facing a nearly $4-million budget shortfall this year... more »
The St. Landry Parish School Board is facing a budget shortfall and will likely have to make budget cuts, before the end of this fiscal year.
"We're going to have to make up several million dollars," said Interim Superintendent Donnie Perron. "It's pretty much a crisis, financially."
The... more »
Louisiana's 1.6 billion dollar deficit is forcing lawmakers to make some tough decisions. One state agency that may lose out is Louisiana State Police. Colonal Mike Edmunson with the state police said, "I can assure you. I don't want to be the first superintendent to have to lay off a... more »
WASHINGTON (AP) - The economy and the deficit are on President Barack Obama's agenda Wednesday. The president and the Senate Democratic Caucus will meet to discuss their legislative plans, including how to approach the deficit. Earlier in the day, Obama will participate in a CBS News town hall meeting on... more »
BATON ROUGE, La. (AP) - The state will close the books on the last budget year with a $108 million deficit, and agencies will be cut this fiscal year to close that gap. That's according to Commissioner of Administration Paul Rainwater, the governor's top budget adviser. Rainwater said he called... more »
BATON ROUGE, La. (AP) - Louisiana doesn't officially have a third budget deficit this year, but senators said Monday they will propose rebalancing the budget to account for economists' predictions of another drop in state income. Economists last week projected the state will end this year with at least a... more »
BATON ROUGE, La. (AP) - The speaker of the state House is refusing to cut the state's income projections, despite economists' expectations the state will end the year with a budget defict. The refusal by House Speaker Jim Tucker to allow the Revenue Estimating Conference to revise its estimates Friday... more »
BATON ROUGE, La. (AP) - Louisiana has a $319 million budget deficit this year. That's the estimate adopted Wednesday by the state's income forecasting panel, the Revenue Estimating Conference. Lawmakers and Gov. Bobby Jindal have about 10 weeks to close the budget gap before the fiscal year ends June 30.... more »