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$205M is first deposit in Louisiana fund aimed at stability

Louisiana collected enough business taxes during the last budget year to deposit the first $205 million into a never-used, five-year-old trust fund created to curb the state’s boom-and-bust cycles of budgeting. ....

United States , Baton Rouge , Walt Leger , Revenue Stabilization Trust Fund , John Bel Edward Division Of Administration , Administration Jay Dardenne , Division Of Administration , New Orleans Democrat , John Bel Edward Division , Louisiana Constitution , Louisiana Economy , Louisiana Taxes , Jay Dardene , Louisiana Budget ,

$205M is first deposit in Louisiana fund aimed at stability

Louisiana collected enough business taxes during the last budget year to deposit the first $205 million into a never-used, five-year-old trust fund created to curb the state’s boom-and-bust cycles of budgeting. ....

United States , Baton Rouge , Walt Leger , Revenue Stabilization Trust Fund , John Bel Edward Division Of Administration , Administration Jay Dardenne , Division Of Administration , New Orleans Democrat , John Bel Edward Division , Louisiana Constitution , Louisiana Economy , Louisiana Taxes , Jay Dardene , Louisiana Budget ,