Louisiana has $163M budget surplus from last year - KALB-TV News Channel 5 & CBS 2

Louisiana has $163M budget surplus from last year

Posted: Updated:
© MGNOnline © MGNOnline

 

BATON ROUGE, La. (AP) - Finally a bit of good news for state lawmakers who have grappled with years of continuing budget cuts.

Gov. Bobby Jindal's administration says the state has an estimated $163 million left over from last year. The news was delivered Friday to the Legislature's joint budget committee.
Auditors still have to review the state's books before the surplus amount is certified and the dollars are available for spending.

In addition, the state's constitution limits the way surplus dollars can be spent. They can be poured into the rainy day fund or used for other one-time items, like bond payments, retirement debt, construction projects and coastal restoration work.

Lawmakers and the Jindal administration will decide how to use the dollars in the 2014 legislative session.

 

  • Most Popular StoriesMost Popular StoriesMore>>

  • McAllister's campaign finances take a hit

    McAllister's campaign finances take a hit

    Saturday, April 19 2014 3:39 PM EDT2014-04-19 19:39:13 GMT
    Congressman Vance McAllisterCongressman Vance McAllister
    LOUISIANA (KALB News Channel 5) -- Controversial Louisiana Congressman Vance McAllister only has a little more than $8,000 in his campaign account according to a new report published this week by Politico.More >>
    LOUISIANA (KALB News Channel 5) -- Controversial Louisiana Congressman Vance McAllister only has a little more than $8,000 in his campaign account according to a new report published this week by Politico.More >>
  • Pollock inmate sentenced for assaulting prison employee

    Pollock inmate sentenced for assaulting prison employee

    Friday, April 18 2014 5:25 PM EDT2014-04-18 21:25:55 GMT
    ALEXANDRIA, La. (AP) - A federal inmate who pleaded guilty to attacking a prison guard has been sentenced to another 16½ years and three years of supervised release for the assault. U.S. District JudgeMore >>
    ALEXANDRIA, La. (AP) - A federal inmate who pleaded guilty to attacking a prison guard has been sentenced to another 16½ years and three years of supervised release for the assault.More >>
  • Counterfeit money surfaces in Cenla

    Counterfeit money surfaces in Cenla

    Friday, April 18 2014 3:13 PM EDT2014-04-18 19:13:22 GMT
    ALEXANDRIA, La. (KALB News Channel 5) - A couple of shops around town have been receiving counterfeit money this year, even counterfeit versions of the new $100 bill, which came out just late last year. WhenMore >>
    ALEXANDRIA, La. (KALB News Channel 5) - A couple of shops around town have been receiving counterfeit money this year, even counterfeit versions of the new $100 bill, which came out just late last year.More >>
Powered by WorldNow
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KALB. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.