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Unexpected Shortfall in Major Source of Funding for Coastal Protection

Posted on 10/24/17 at 11:29 am
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 10/24/17 at 11:29 am
LINK
quote:

An unexpected shortfall in Louisiana’s share of offshore oil and gas royalties could force the state to delay or cancel coastal restoration projects scheduled to start as soon as 2019, according to the state’s Coastal Protection and Restoration Authority.

Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139230 posts
Posted on 10/24/17 at 11:30 am to
Governor Honor Code will make sure we supplement that funding with another round of taxes. He might even call another special session for it.
Posted by chinhoyang
Member since Jun 2011
26236 posts
Posted on 10/24/17 at 11:31 am to
quote:

Unexpected Shortfall in Major Source of Funding


quote:

Louisiana


Posted by Scooba
Member since Jun 2013
20027 posts
Posted on 10/24/17 at 11:32 am to
Maybe we can toss the statues in the gulf to make artificial reefs.
Posted by Roadkill Gumbo
Covington
Member since Sep 2017
318 posts
Posted on 10/24/17 at 11:32 am to
Too many hands in the cookie jar.
Posted by Steadyhands
Slightly above I-10
Member since May 2016
7204 posts
Posted on 10/24/17 at 11:32 am to
Make up for some of that money by firing every budget analyst that had anything to do with acquiring and verifying funding for the coastal projects.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151593 posts
Posted on 10/24/17 at 11:35 am to
At this point let’s just spend money to keep beefing up the levee system around the greatest city in the gulf south and blow the levees just south of the Naval air base in Belle Chase.
Posted by fjlee90
Baton Rouge
Member since Nov 2016
8521 posts
Posted on 10/24/17 at 11:37 am to
quote:

Shortfall in Major Source of Funding


Guess that means no more LSU football.
Posted by Boudreaux35
BR
Member since Sep 2007
22281 posts
Posted on 10/24/17 at 11:41 am to
quote:

An unexpected


How long does the price of oil and gas have to be at these low prices before the people who estimate tax revenue adjust their numbers?

Next month I'll just not pay any bills because I unexpectedly didn't hit the lottery.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
139230 posts
Posted on 10/24/17 at 11:45 am to
quote:

Guess that means no more LSU football.

That one was hilarious. The one entity at LSU that not only funds itself, but gives back to the university was being held hostage
Posted by idlewatcher
Planet Arium
Member since Jan 2012
98791 posts
Posted on 10/24/17 at 11:46 am to
quote:

How long does the price of oil and gas have to be at these low prices before the people who estimate tax revenue adjust their numbers?


These loons continue to think O&G employment is at an all time high and that there are a several year wait for operational rigs.
Posted by Zephyrius
Wharton, La.
Member since Dec 2004
9656 posts
Posted on 10/24/17 at 12:40 pm to
quote:

At this point let’s just spend money to keep beefing up the levee system around the greatest city in the gulf south and blow the levees just south of the Naval air base in Belle Chase.

Also if you expand the Port to New Orleans East(lake Pontchartrain) you don't have to worry about dredging and would likely cut a ship's travel time from gulf to port in half. Also would see an increase in jobs/ revenue to be in better competition with Houston.
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
19122 posts
Posted on 10/24/17 at 12:48 pm to
Is it really unexpected? By this point if you’re expecting the LA gov to actually use funding for the greater good, then you need to lower expectations. On the bright side, my home town might he beach front property one day.
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