Post by Logan on Jun 28, 2016 19:48:41 GMT -6
Days after Louisiana Legislature passed tumultuous state budget, officials preparing for mid-year budget cuts
Less than a week after Louisiana lawmakers came together to pass a painful budget that fails to fully fund state services, agencies are being put on alert to prepare for another round of cuts.
Yes, that’s right, these reductions would be above and beyond what agencies already have been told they will receive in the coming fiscal year that starts on Friday.
Gov. John Bel Edwards’ administration says that, officially, it’s not a cut — not yet at least. But the various departments and agencies will be sent letters later this week asking them to set aside a percentage of their state funding allocation in the event that there is a midyear shortfall next year as predicted.
“It’s not cutting, but we’re asking them to plan on not spending that percentage until we know later in the year if the funds will be freed up,” said Cody Wells, spokesman for the Division of Administration, the budgeting arm of the Governor’s Office.
Read more: theadvocate.com/news/16245417-124/days-after-tumultuous-state-budget-passed-by-legislature-officials-already-making-preparations-for-m
Less than a week after Louisiana lawmakers came together to pass a painful budget that fails to fully fund state services, agencies are being put on alert to prepare for another round of cuts.
Yes, that’s right, these reductions would be above and beyond what agencies already have been told they will receive in the coming fiscal year that starts on Friday.
Gov. John Bel Edwards’ administration says that, officially, it’s not a cut — not yet at least. But the various departments and agencies will be sent letters later this week asking them to set aside a percentage of their state funding allocation in the event that there is a midyear shortfall next year as predicted.
“It’s not cutting, but we’re asking them to plan on not spending that percentage until we know later in the year if the funds will be freed up,” said Cody Wells, spokesman for the Division of Administration, the budgeting arm of the Governor’s Office.
Read more: theadvocate.com/news/16245417-124/days-after-tumultuous-state-budget-passed-by-legislature-officials-already-making-preparations-for-m