An examination in state surplus
Never failing to take credit for real or perceived good news (nor avoiding taking responsibility for bad news), Gov. Bobby Jindal was quick to pronounce that the surplus was due to “job growth.”
Before the leges plan how to spend the extra cash, it’s important to note that about this time last year the estimated surplus for the fiscal year ending June 30, 2012 was $130 million. When the surplus was officially confirmed in January of this year, it had dropped to $113 million.
Overlooked in the reports of the potential surplus are two factors that obviously contributed to most, if not all of it. The $129 million mid-year (December 2012) budget cuts to higher education and healthcare and a tax increase in the form of $31 million tuition hike at the public colleges and universities.
As to Jindal’s claim that job growth is responsible for the surplus, it is just as logical to argue that the mid-year cuts and tuition increases were unnecessary.
It is also just as logical to conclude that the surplus was simply the result of inaccurate revenue estimates.
The bottom line is that there is no cause for any back-patting for this surplus.
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!
The St. Charles Parish Sheriff’s Office is still looking for the body of a man who...
The St. Charles Parish School Board wants to install a comprehensive video...
Bailey Lanier is a big guy. ...
A Wisconsin organization has sent another letter demanding the St. Charles Parish...
The director of the St. Charles Parish Housing Authority has stepped down on the...
A new online job connection program that seeks to match the skill set of job...
Advanced Air is state licensed and locally owned and operated. We provide prompt, courteous service and are available 24 hours for St. Charles and surrounding parishes. Call us day or night for all your a/c and heating needs!
Too old to serve? New law kicks several longtime public officials out of office - 1106 views
As qualifying for parish and state elections takes place this week, a few longtime elected officials are being removed from the ballot for no reason other than their age.