Content Tagged As legislative_fiscal_office
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$135 million state revenue loss predicted from low oil prices
September 25, 2015 2:34 PM
BATON ROUGE - State revenue seems to be feeling the full effect of the drop in oil prices. Economist Greg Albrecht with the Legislative Fiscal Office estimated a $135 million drop in revenue for the 2015-2016 fiscal year. Louisiana's Revenue Estimating Conference (REC) predicted the average price of oil... more »