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State lawmakers have additional dollars to spend as a result of higher than expected revenues - Vimarsana News

State lawmakers have additional dollars to spend as a result of higher than expected revenues

The Revenue Estimating Conference increased income projections for this fiscal year by 350-million dollars tod...

Panel projects more revenue improvement in Louisiana - Vimarsana News

Panel projects more revenue improvement in Louisiana

NEW ORLEANS (AP) — Higher tax revenue is helping add $350 million to Louisiana’s...

Revenue forecasts improve; House voted to phase out tax - Vimarsana News

Revenue forecasts improve; House voted to phase out tax

The Louisiana House has voted to start phasing out a seven-year sales tax hike adopted in 2018 as a compromise to end years of political battles over recurring budget shortfalls.

Source: ktbs.com
Louisiana panel increases forecast for how much money lawmakers can spend - Vimarsana News

Louisiana panel increases forecast for how much money lawmakers can spend

Today Thunderstorms. High 78F. Winds SE at 10 to 15 mph. Chance of rain 80%. Locally heavy rainfall possible.. Tonight Showers and thunderstorms likely. Potential for heavy rainfall. Low 69F. Winds SE at 10 to 15 mph. Chance of rain 80%. Updated: May 19, 2021 @ 12:38 am

Source: ktbs.com
State leaders adopt a revenue forecast for next year's state budget - Vimarsana News

State leaders adopt a revenue forecast for next year's state budget

LSU Manship School News Service A cautious revenue forecast was adopted by a panel of state leaders Tuesday as they set income projections used to create the state’s budget.  While the forecast for fiscal year 2022 adopted by the Revenue Estimating Conference predicted a slow economic recovery and more money into the state coffers, it also predicted there will be $228 million less for the state than previously forecast.  Tax collections from the next fiscal year, which starts June 30, will increase by almost $115 million from the projected total for this year. However, that will not be...