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  • Thursday deadline set by Edwards on reworked hospital deals

    September 9, 2016 1:52 PM

    BATON ROUGE - Gov. John Bel Edwards has given the private operators of the LSU hospitals and clinics until next week to decide if they agree to renegotiated terms of their financing deals with the state. Commissioner of Administration Jay Dardenne told the LSU Board of Supervisors the "public/private partners"... more »
  • Request to spend more on pump stations not unusual, officials say

    April 27, 2016 4:17 PM

    BATON ROUGE - Despite asking city leaders to approve a four-percent increase in cost and nearly a year of additional work, engineers of the city's $1.2 billion sewer upgrade say the project is on budget and on time. Wednesday, the SSO asked the Metro Council to approve spending $859,659... more »
  • Tom Benson keeps getting richer

    March 1, 2016 3:24 PM

    NEW ORLEANS - The state's richest man just keeps getting richer. Tom Benson climbed almost 200 places to become the 810th richest person in the world, Forbes reported in its annual "World's Billionaires" listing . Benson is the 288th richest person in the United States. The magazine reported... more »
  • Louisiana's current budget woes mirror 1988 financial gaps

    February 11, 2016 8:38 AM

    BATON ROUGE- As Gov. John Bel Edwards struggles to stabilize Louisiana's finances, the troubles mirror the deep budget difficulties the state faced 28 years ago. Long-timers at the Louisiana Capitol equate today's financial woes with similar problems Gov. Buddy Roemer inherited when he took office in March 1988. He had... more »
  • Shadowy companies, big bucks: Election mystery money returns

    February 3, 2016 11:29 AM

    WASHINGTON - Campaign money from shadowy sources is back this presidential election. And more than $4 million of it channeled to outside groups helping candidates came from unknown or masked donors. An Associated Press analysis of new campaign finance data finds more than two dozen obscure groups gave at least... more »
  • Pot states take fresh look at out-of-state investment

    January 20, 2016 3:36 PM

    DENVER - States that have legalized pot are taking a fresh look at making it easier for out-of-state investors to get in the weed business, saying the industry's ongoing difficulty in banking means they need new options to finance expansion. The four states that allow recreational pot sales -... more »
  • Republican contender Jeb Bush names Louisiana campaign team

    November 24, 2015 2:07 PM

    BATON ROUGE - Republican presidential candidate Jeb Bush has named his Louisiana steering committee and finance chairs, ahead of the state's March 5 primary. Leading the fundraising efforts for the former Florida governor in Louisiana are New Orleans real estate developer, Joe Canizaro, Lockport shipbuilder Boysie Bollinger and Ruston... more »
  • Budget deal made by lawmakers has short-term fixes, patches Play Video

    June 12, 2015 3:42 PM

    BATON ROUGE - A day after lawmakers passed a $24 billion budget in a frenzied end to the legislative session, financial analysts were sifting through the tax bills expected to finance it to make sure the numbers add up. Higher education leaders were celebrating Friday an escape from deep cuts.... more »
  • Budget, movies, taxes on Monday's session agenda

    June 1, 2015 8:45 AM

    BATON ROUGE- The state budget is a top priority at the Capitol Monday. The Senate Finance Committee was in session on Saturday trying to get some work done on the state budget. The state is in a $1.2 billion hole. So far, lawmakers have managed to close the gap... more »
  • New money is green light for some Green Light projects

    February 25, 2015 10:33 PM

    BATON ROUGE - The city will jump start five Green Light road construction projects thanks to bond refinancing that will generate $40 million. The entire project is paid for by a 2005 half-cent sales tax program. So far, about $508 million has been spent on upgrades across the parish.... more »
  • Finance class soon required for Salvation Army toys Play Video

    December 15, 2014 5:23 PM

    BATON ROUGE - The Salvation Army will begin distributing presents to children Tuesday, but for the first time some parents took a special class before getting free toys. Instead of just giving parents a fish, the Salvation Army says it wants to teach parents how to fish. That's why... more »
  • Audit cites weaknesses at Dept. of Public Safety

    November 10, 2014 11:46 AM

    NEW ORLEANS - Louisiana's Department of Public Safety says it has taken steps to address problems recounted in a new state audit. The problems include a lack of financial controls that led to misappropriation of more than $69,000 by three Office of Motor Vehicle employees who were fired and arrested.... more »
  • Senators pick through $74M savings from consultant

    May 16, 2014 2:32 PM

    BATON ROUGE - State senators are questioning whether Gov. Bobby Jindal's administration can deliver the $74 million in savings it is promising from the ideas of an outside consultant. Members of the Senate Finance Committee bristled Friday at some suggestions from consulting firm Alvarez & Marsal, like plans to close... more »
  • Ethics: Former Kenner mayor must pay late fee

    August 19, 2013 3:15 PM

    BATON ROUGE - The State Ethics Board says former Kenner Mayor Phil Capitano must pay for the late filing of a campaign finance report. The board, according to The Times-Picayune, declined Friday to waive the fee and Capitano owes $600. Capitano, who lost a race to Mike Yenni in 2010,... more »
  • Republican prompts inquiry into party finances

    May 23, 2013 10:51 PM

    BATON ROUGE- A member of the Republican Party asked the Louisiana Legislative Auditor to peek into the finances of the GOP in the state WBRZ News 2 learned. The new information came a day after a WBRZ News 2 report about outrage in the party after leaders received a... more »
  • Republicans question reason behind financial records request Play Video

    May 22, 2013 9:12 PM

    BATON ROUGE - Questions surround the state Capitol after the Legislative Auditor told the Republican Party of Louisiana to hand over financial documents. "State law says they are suppose to submit it," Legislative Auditor Daryl Purpera said. Recently, a legislator brought the law to his attention. State statute... more »

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