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Started By
Message
Louisiana finds $179 million, no cuts to higher education!
Posted on 5/15/15 at 6:12 am
Posted on 5/15/15 at 6:12 am
quote:
Hey, look what we found!
Louisiana state government looked under a financial cushion and found about $179 million that will be used to pay a shortfall for the fiscal year that ends in six weeks and to help in efforts to close a massive budget hole for the next fiscal year.
In welcome news after months of finding the state needed to reduce its revenue expectations, which required budget cuts, the panel charged with deciding how much money state government has available to spend on Thursday boosted the state general fund forecast for this fiscal year by $99.4 million and made available $79.3 million for the budget year that begins July 1.
Senate President John Alario, who chairs the four-member Revenue Estimating Conference, said after the meeting: “Finally, some good news.”
Advocate
quote:
No cuts for Louisiana higher education
Louisiana’s public colleges and universities secured a victory Monday when the House Appropriations Committee approved a budget proposal for next year that would give them the same amount of money they currently receive, thanks to $615 million in new tax revenue approved by the full House on Thursday.
“It’s a good first step,” F. King Alexander, LSU’s president and chancellor, said in an interview Monday. “But it’s only in the second quarter. We just want to be held whole.”
Higher education institutions have been facing a cut of up to 82 percent compared with their current funding of about $740 million.
Advocate
26
Posted on 5/15/15 at 6:15 am to TigersOfGeauxld
Did they steal it from my account?
I have a lot less than I supposed to right now
I have a lot less than I supposed to right now
This post was edited on 5/15/15 at 6:16 am
Posted on 5/15/15 at 6:17 am to rantfan
quote:
I have a lot less than I supposed to right now
$179 million less? That's gotta hurt!
Posted on 5/15/15 at 6:23 am to TigersOfGeauxld
Posted on 5/15/15 at 6:27 am to TigersOfGeauxld
Guess lsu doesn't have to close and can still build that lazy river
Posted on 5/15/15 at 6:29 am to TigersOfGeauxld
quote:
John Alario
Stopped reading right there.
fricking crook
Posted on 5/15/15 at 6:30 am to TigersOfGeauxld
That's unfortunate
Posted on 5/15/15 at 6:34 am to TigersOfGeauxld
So you mean to tell me all those people that never believed the LSU president's sky is falling claims were right the whole time? I'm shocked 
Posted on 5/15/15 at 6:37 am to TigersOfGeauxld
What a crock of shite. Louisiana is so corrupt.
Posted on 5/15/15 at 6:39 am to JJ27
quote:
What a crock of shite. Louisiana is so corrupt.
Gotta build that lazy river somehow and pay for sociology degrees.
Posted on 5/15/15 at 6:40 am to tgrbaitn08
Say what?
Posted on 5/15/15 at 6:45 am to TigersOfGeauxld
Must have been ISIS and their cyber attack this past Monday at 2pm est
Posted on 5/15/15 at 6:51 am to Oates Mustache
LINK
quote:
Federal officials have launched a criminal investigation into how Louisiana Senate President John Alario spent tens of thousands of dollars in campaign contributions, according to sources. The investigation began after NOLA.com | The Times-Picayune and WVUE Fox 8 News last year reported discrepancies in Alario's campaign records.
This post was edited on 5/15/15 at 6:52 am
Posted on 5/15/15 at 6:55 am to TigersOfGeauxld
quote:
$179 million less? That's gotta hurt!
lol u poor
Posted on 5/15/15 at 6:56 am to tgrbaitn08
Don't care; we finna head to Golden Corral tonight!
Posted on 5/15/15 at 7:11 am to TigersOfGeauxld
Now we can go ahead and fire Alexander for acting like an assclown and embarassing the university.
Posted on 5/15/15 at 7:12 am to tgrbaitn08
Some people here were saying that it was a plot to have him leave the legislature. That obviously didn't happen.
Posted on 5/15/15 at 7:12 am to Tigerstudent08
quote:
So you mean to tell me all those people that never believed the LSU president's sky is falling claims were right the whole time?
I remember some wisdom I picked up on almost 40 years ago. It was during the "gas crisis" of the late 70s. I was too young to drive, but it was all over the news. They interviewed an old lady from Georgia - she had to be 70 then, and happened to be African American. She stated, emphatically, "All of this talk is to get gasoline above $1 per gallon. Then there will be no more crisis. There will be gasoline bubbling up out of the ground, falling out of the sky - you'll be able to go anywhere you want and buy gasoline for $1 a gallon."
And I'll be damned if she wasn't right.
So, would they have "found" $179 million if the public and legislature had caved for more revenue? Of course not.
Stay crooked Louisiana!
Posted on 5/15/15 at 7:15 am to TigersOfGeauxld
it was buried in Alario's back yard im guessing
Posted on 5/15/15 at 7:18 am to TigersOfGeauxld
quote:
Louisiana finds $179 million
quote:
thanks to $615 million in new tax revenue
Somebody lined their fricking pockets real nice like.
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