Louisianaâs revenue forecast brightens amid rain plaguing state WAFB file photo of the Louisiana State Capitol in Baton Rouge, La. (Source: WAFB) By Nick Gremillion | May 18, 2021 at 7:03 PM CDT - Updated May 18 at 7:03 PM
BATON ROUGE, La. (WAFB) - As parts of south Louisiana recovered from heavy rains, flooding, and tornadoes and braced for the possibility of more rain, members of Louisianaâs Revenue Estimating Conference offered up a bright forecast for state revenue on Tuesday, May 18.
The four-member panel told the Associated Press Tuesday, it predicts the state will collect an estimated $677 million in additional tax collections than previously expected over the next 14 months.