Louisiana has extra $110M to spend this budget year, Revenue Estimating Conference determines

Local News

(4/10/19) Louisiana will have enough money to accomplish most of what is proposed in Gov. Edwards budget, but there is no guarantee he will get it.

On Wednesday, the Revenue Estimating Conference determined Louisiana will have an extra $110 million to spend during the rest of the budget year, which ends in June, and $119 million more for next budget year. 

The governor’s plan for teacher pay raises alone would cost more than $120 million.

House speaker Taylor Barras agreed to take the lower of two revenue estimates which leaves plenty for lawmakers to haggle over for the upcoming year’s $30 billion budget.

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