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The State Treasurer revealed a staggering $444.6 million cash balance while committee members raised concerns over $459 million in tax incentives eating away at funds available for essential projects.

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#LA #CitizenPortal #BudgetMonitoring #TaxIncentives #LouisianaTreasury
Treasurer reports $444.6M general fund cash; committee flags $459M in incentives that reduce appropriable funds
The State Treasurer reported a general fund cash balance of $444,566,122.13 and an interfund borrowing base of $9.18 billion; committee members discussed that $459 million in incentives are reported 'off the top' and therefore not appropriable.
citizenportal.ai
May 12, 2026 at 3:02 AM
citizenptnewsla.bsky.social
Louisiana's treasurer is tackling staffing shortages and championing transparency in school contracts—find out how these initiatives could reshape state financial operations!

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#LA #CitizenPortal #EducationAccountability #LouisianaTreasury #PublicTransparency #WorkforceDevelopment
Louisiana Treasurer discusses transparency in school contracts and hiring challenges
Louisiana Treasurer emphasizes transparency in school contracts and hiring difficulties within state agencies.
citizenportal.ai
March 25, 2025 at 8:28 PM