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Story Archives: Solons look at lean budget
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Solons look at lean budget
Area lawmakers are taking a cautious approach to a $25.5-billion proposed budget that Gov. Bobby unveiled last week.
Jindal's proposed budget for the 2012-2013 fiscal year represents a pared down spending plan compared to the one first floated weeks ago by Commissioner of Administration Paul Rainwater. The original budget Rainwater rolled out featured a projected $895-million budget shortfall heading into the new fiscal year.
By law, a governor is required to submit a balanced budget to the Legislature for its consideration. The Legislature is required by law to approve a balanced budget.
The 2012-2013 fiscal year begins July 1.
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