LABI outlines recommendations for state budget changes, Part 2

Nearly half of the state’s bond debt for capital construction is NOT spent on state projects, but on local projects or non-public entities? In fact, Louisiana is one of only 8 states that allow private organizations to make a request for state capital dollars?

Action: Reform capital outlay so that state tax dollars fund statewide infrastructure priorities.

The judicial budget for Louisiana’s courts increases every year, even in times of deficit?

Action: Review ALL government spending, even when it occurs in other branches of government.

Higher education in Louisiana is largely funded as a block grant with little emphasis on outcomes or performance, even as the state experiences some of the lowest graduation rates in the country?

Action: When stabilizing funding for higher education, ensure there are appropriate mechanisms for transparency and accountability to drive better outcomes.

The state budget still includes funding for various non-governmental organizations, either as line items or through statutory dedications?

Action: Review and reduce ALL government spending, even if the dollars are in small amounts.

Louisiana incarcerates more people per capita than any other state – and at a cost that goes up year after year?

Action: Enact bipartisan smart-on-crime reforms that promote public safety while also controlling costs and allowing investments in other state priorities.

Hundreds of millions of dollars in Louisiana’s budget divert State General Fund for a specific purpose, leaving higher education and healthcare exposed for reductions during times of deficit.

Action: For example, a technology fund channels $10 million of taxpayer funds annually into a permanent dedication that will never be re-evaluated to determine if those technology needs have been met?

 

About Stephen Waguespack 22 Articles
Stephen Waguespack is the President and CEO of the Louisiana Association of Business and Industry (LABI). As the state’s chamber of commerce and manufacturer’s association, LABI is the largest business advocacy group, representing more than 2,200 business members and 324,000 employees.

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