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Keyword: louisianagovernment

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  • $319 million budget void emerges [Louisiana]

    04/15/2010 6:12:08 AM PDT · by Ebenezer · 18 replies · 473+ views
    The (New Orleans) Times-Picayune ^ | April 15, 2010 | Jan Moller
    BATON ROUGE -- Slumping tax collections have punched a $319 million hole in the state budget, a forecasting panel determined Wednesday, giving Gov. Bobby Jindal and the state Legislature less than 10 weeks to decide what mix of spending cuts and one-time revenue sources should be used to fill the gap. In addition to lowering the current-year forecast, the Revenue Estimating Conference, a four-member panel that decides how much the state can spend each year, also lowered the forecast for the 2010-11 fiscal year that begins July 1 by $245 million. State officials have been anticipating another round of midyear...