74°
Baton Rouge, Louisiana
3 Day Outlook
Tue
85°
70°
80%
Wed
87°
71°
60%
Thu
86°
71°
60%
Follow our weather team on social media

$5.9B construction budget bill backed by Senate

11 months ago May 29, 2014 May 29, 2014 Thursday, May 29 2014 Thursday, May 29, 2014 2:54:40 PM EDT in News
Source: Associated Press

BATON ROUGE - Senators have sent the House a more than $5.9 billion, multiyear state construction budget plumped up with so many Senate add-ons that it contains $400 million more in projects than the state can afford.

Louisiana has a cap on annual borrowing that limits spending on construction projects to $355 million in the fiscal year that begins July 1.

The House version of the bill was overcommitted by about $20 million. By the time the Senate version was done, it included $400 million more in projects than the state has money to spend.

That would leave the governor's office to determine which projects get money.

The House can either accept the Senate add-ons or send the budget bill to a six-member legislative committee to work out a final version.

More News

comments powered by Disqus

Desktop News

Click to open Continuous News in a sidebar that updates in real-time.
5 Days
Radar
Today
74°
74°
Tue
T-Storms
85°
70°
Wed
Scattered T-Storms
87°
71°
Thu
Scattered T-Storms
86°
71°
Fri
PM T-Storms
87°
71°