Bill to rebalance this year's budget heads to House floor
BATON ROUGE - House lawmakers have started work on rebalancing this year's budget, advancing a bill to plug health care and education gaps with money from an improved state income forecast.
The Appropriations Committee approved several financial measures Tuesday to close this year's shortfalls and to use patchwork dollars to help fill holes in next year's budget.
For this year, $36 million would be added to the public school financing formula to cover a higher-than-projected number of students, $12 million would fill a Medicaid program gap and $3 million would go to sheriffs for housing state prisoners in local jails.
The bills also would use $125 million in surplus money and $70 million in piecemeal financing to help balance next year's budget.
All the measures head next to the full House for consideration.