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Edwards' budget proposal larger than forecast

1 year 7 months 3 weeks ago Friday, February 22 2019 Feb 22, 2019 February 22, 2019 10:10 AM February 22, 2019 in News
Source: Associated Press

BATON ROUGE, La. (AP) - Gov. John Bel Edwards has given Louisiana lawmakers an aspirational budget proposal for next year, rather than one based on the current state income forecast.

The last financial forecast for the upcoming 2019-20 budget year was adopted in June. But those figures don't reflect the recommendations of state economists who expect tax collections to be higher. They're also missing billions of dollars that agencies expect to receive from fees, fines, and other revenue sources.

Forecast changes have been stymied by Republican House Speaker Taylor Barras. The Edwards administration is refusing to offer a budget proposal to the Legislature's joint budget committee that leaves cuts and gaps across state agencies. Instead, the administration on Friday proposed a $30 billion budget based on what the governor believes is expected to show up in the state treasury.

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