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re: Louisiana has a current budget of $29 billion. The state is not poor.

Posted on 1/19/18 at 7:50 am to
Posted by CorporateTiger
Member since Aug 2014
10700 posts
Posted on 1/19/18 at 7:50 am to
The first issue should be fixing LA’s disaster of a constitution.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42862 posts
Posted on 1/19/18 at 7:51 am to
quote:

I can't wait to watch the saints destroy the cowboys next year.

Edit: actually this year, next season.



You are right, I have no idea why I associate football with years but I bet a lot of folks do
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
73534 posts
Posted on 1/19/18 at 7:51 am to
quote:

$29 billion


but, after each politician gets their cut, it's more like $9 billion
This post was edited on 1/19/18 at 8:02 am
Posted by GetBackToWork
Member since Dec 2007
6521 posts
Posted on 1/19/18 at 7:59 am to
quote:

List of State Budgets

The state just isn't spending it right. There is NO excuse for underfunded schools/universities, poor roads, etc.

As a comparison, Georgia - with double the population of Louisiana has a state budget of $23 billion. UGA and Georgia Tech aren't hurting for money and Georgia has a much better infrastructure.




And herein lies the biggest problem in Louisiana - ignorance. This post is factually incorrect, yet this is how so many discussions start, even amongst actual politicians here in our state. Solving our problems will require people to learn and understand the facts before opining.

I don't mean to blast you OP. We just must demand higher standards of ourselves and leaders if we are to ever shed the shithole status.
Posted by tigerinthebueche
Member since Oct 2010
37699 posts
Posted on 1/19/18 at 8:28 am to
quote:

And herein lies the biggest problem in Louisiana - ignorance. This post is factually incorrect, yet this is how so many discussions start, even amongst actual politicians here in our state. Solving our problems will require people to learn and understand the facts before opining.



and yet, you offer not a single fact to contradict his alleged ignorance.
Posted by The Torch
DFW The Dub
Member since Aug 2014
27497 posts
Posted on 1/19/18 at 8:39 am to
quote:

state budget of $23 billion


$22 billion goes to crooked politicians and corruption

Oh they broke
Posted by SCLSUMuddogs
Baton Rouge
Member since Feb 2010
8106 posts
Posted on 1/19/18 at 8:51 am to
Georgia State/Local Gov't employees: 217,872

Georgia Gov't employees (State only): 68,463

Louisiana State/Local Gov't employees: 132,113

Louisiana Gov't Employees (State Only): 45,288

We still have more Gov't employees from a per capita standpoint, however saying we have the same number is a bit disingenuous
Posted by HTDawg
Member since Sep 2016
6683 posts
Posted on 1/19/18 at 8:52 am to
Your conservative Gov. Jindal wrecked that state with his trickle down voodoo economics. What did you expect? Brownback did the same thing in Kansas, and cut education and other vital services to pay for his tax cut for the rich. The same thing is going to eventually happen nationally due to the recently passed tax cut.
Posted by WhiskerBiscuitSlayer
Your Mom’s Sperm Donor
Member since Jan 2013
13897 posts
Posted on 1/19/18 at 8:52 am to
quote:

$29 billion




A&M has lost more money than that in between the couch cushions.
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1799 posts
Posted on 1/19/18 at 8:55 am to
quote:

Louisiana has a current budget of $29 billion


And Alabama coming in at 30B. Always gotta one up the red headed step child :/
Posted by GetBackToWork
Member since Dec 2007
6521 posts
Posted on 1/19/18 at 8:56 am to
quote:

and yet, you offer not a single fact to contradict his alleged ignorance.


It's been said many times in this thread the budget numbers must be considered with and without federal monies. Furthermore, how each state handles certain priorities at the local level may differ greatly.

What the OP stated in his first post is not entirely different from what many politicians in LA say - and they are elected and paid to know the difference. Our state is broken due to ignorance.
Posted by 25 Point Lead
Member since Nov 2017
575 posts
Posted on 1/19/18 at 8:58 am to
quote:

Keep getting taxed to oblivion!



Well besides that whole property tax thing
Posted by Tiger Prawn
Member since Dec 2016
25086 posts
Posted on 1/19/18 at 9:00 am to
quote:

Georgia has the lottery which is mandated to donate a singifganr amount to education


So does Louisiana.

LINK - Louisiana Lottery


quote:

The Lottery statute mandates that at least 35 percent of all Lottery revenue be transferred to the state treasury. Effective July 1, 2004, the Louisiana constitution provides that Lottery proceeds be earmarked for the Minimum Foundation Program (MFP), which funds K-12 public education in Louisiana. In addition, the first $500,000 in annual Lottery proceeds is earmarked for the Louisiana Department of Health and Hospitals-Office of Behavioral Health to fund problem gambling programs.

As of fiscal year 2017, the Lottery has transferred more than $3.4 billion to the state treasury. More than $159 million was transferred from sales in fiscal year 2017. The Louisiana Lottery ranks second among other U.S. jurisdictional lotteries in percentage of revenue transferred to its government.
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42862 posts
Posted on 1/19/18 at 9:04 am to
quote:


Well besides that whole property tax thing, but you guys get to see where your tax dollars get reinvested. It sucks,
I wish we were more like that.



FIFY
Posted by jdeval1
Member since Dec 2009
7525 posts
Posted on 1/19/18 at 9:05 am to
Tax Policy Center

Per capita tax collections

LA - $3951 - #34
AL - $3144 - #51
TX - $4126 - #29
GA - $3520 - #44

LA collects more taxes per capita than GA and also has higher revenue from other sources per capita than GA

LA - $5806 - #40
AL - $5591 - #44
TX - $5991 - #34
GA - $5148 - #49


Posted by civiltiger07
Baton Rouge
Member since Dec 2011
15002 posts
Posted on 1/19/18 at 9:06 am to
The SEC RANT doesn't want to hear it!
Posted by doubleb
Baton Rouge
Member since Aug 2006
41707 posts
Posted on 1/19/18 at 9:07 am to
quote:

Louisiana has a state budget of $23 billion.


The La. budget debate would be much simpler if you deleted federal revenues which are dedicated to certain Federal mandates and just looked at what state revenues are paying for.

Reality is the state has just over 9 billion dollars in revenue which go to the general fund. La. is not a rich state.

Now La. acts like a rich state in many ways. We dole out money to Hollywood, we set very high stds. for nursing homes which is costly to the state, we have TOPS, and we have a plethora of four year colleges. We can't afford all this.

Certainly our taxes are high relative to what we receive, but talking about a 23 Billion dollar budget as if we can spend 23 Billion as we wish is not factual. The Feds tell us how to spend most of that money.

ETA the 23 Billion figure is not the current budget, it's the preceding one. The current budget is around 27 Billion.
LINK
Revenues are broken down as follows(rounded off)

Feds 12.1 Billion
8.9 Billion State Gen Funds
2.8 Dedicated Funds
2.4 Self Gen. Funds
.98 B interagency transfers
This post was edited on 1/19/18 at 9:24 am
Posted by oauron
Birmingham, AL
Member since Sep 2011
14582 posts
Posted on 1/19/18 at 9:08 am to
quote:

and yet, you offer not a single fact to contradict his alleged ignorance.


All you have to do is read the thread to see that the number he posted for Georgia's budget is wrong.

quote:

ETA: this is in fact the case. According to the cited sources, Georgia budget state funds is $23.7 and total budget is $47.5 million. Louisiana budget is $17.6 state funds and $29.2 total.


This doesn't mean you can't be critical of how the state spends its money, but you don't have to lie about it.
This post was edited on 1/19/18 at 9:11 am
Posted by kingbob
Sorrento, LA
Member since Nov 2010
69268 posts
Posted on 1/19/18 at 9:18 am to
Yes, Louisiana collects more tax at the state level per calital while collecting almost nothing at the local level. Georgia taxes far more at the local and much less at the state level. All your data is showing is that Louisiana’s taxing and funding is more centralized at the State level than Georgia.
Posted by Tiger in NY
Neptune Beach, FL
Member since Sep 2003
31382 posts
Posted on 1/19/18 at 9:19 am to
quote:

List of State Budgets

The state just isn't spending it right. There is NO excuse for underfunded schools/universities, poor roads, etc.

As a comparison, Georgia - with double the population of Louisiana has a state budget of $23 billion. UGA and Georgia Tech aren't hurting for money and Georgia has a much better infrastructure.


This tells you all you need to know about why Louisiana is such a shithole. Y'all need to replace every single politician in every parish (including all the elected LEO).
ETA: My statement stands, but I do now see that the numbers quoted are incorrect.
This post was edited on 1/19/18 at 9:26 am
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