State construction is a vicious cycle
Eventually, the buildings become uninhabitable and must be torn down or merely abandoned. This is nothing new. Itís been going on since John McKeithen was the governor in the 1960s.
It has been reported that higher education facilities across the state are in desperate need of extensive maintenance and repairs.
During the 2013 Lege Session, the legesí answer to the maintenance problem in higher ed – borrow $250 million to build brand-new facilities for the community and technical colleges around the state.
Of course, there will be no maintenance money for these new buildings so before the bonds are paid off, the buildings will be abandoned.
In authorizing the new buildings, the leges busted the state debt "ceiling" by $250 million. That will cost the taxpayers an additional $22 million annually in recurring revenues that cannot be used for higher education and other state operating needs.
The debt service for future capital expenditures will become more expensive because of the breach of the debt "ceiling" thus it will be more expensive to maintain existing facilities.
As a result the existing facilities will have to be abandoned and even more money will have to be borrowed to build new facilities and, once again, the debt "ceiling" will be breached.
This is the equivalent of us not wanting to spend money to repair a leaky roof on our home and eventually having to renovate the entire house, abandon it or tear it down.
What the leges are doing is not only a vicious cycle, but it is fiscally-irresponsible.
Subscribe Today and Save!!!
St. Charles Herald-Guide is an award-winning newspaper that covers all aspects of St. Charles Parish - from schools and parish government news to social events, features on our local residents and sports.
Order your subscription today!
Over the past six years, a local couple has been transplanting saplings into the...
The Destrehan Lady Wildcats lost only their second game all season when they fell...
A 53-year-old Destrehan woman who is charged with attempted murder after shooting...
The Hahnville Lady Tigers (3-1) cruised past Assumption and Dominican in the...
An auto theft ring operating in St. Charles Parish is targeting Chevrolet trucks...
A 21-year-old Montz man was arrested and charged with obscenity after a motorist on...
The way hardware stores used to and should be is right here in St. Charles. Prompt courteous service from the moment you walk in. Experienced staff eager to assist you find what you need for your next project. Propane refills, U-Haul Rentals available
Dead fish are secret behind fast cypress tree growth - 1234 views
Over the past six years, a local couple has been transplanting saplings into the neutral ground of their Luling street and using fish remains to make the trees grow healthy and tall.