Hail, Caesar Jindal

May 15, 2012

 

The 2013 Jindal budget hit a major road block in the way of Conservative Hawks in the House who have honed their talons and were prepared to rip one time money from the equation. How can Louisiana become dependent on it’s revenue if this Administration continues to push for the use of one time money. The issue of constitutionality comes into play when we allow Jindal and Rainwater to raid these funds to cover expenses.  According to HB 822, Rep. Fannin, page 10  here , is a prime example of blatant disregard for fiscal responsibility.

SECTION 4. OVERCOLLECTIONS FUND (EFFECTIVE JULY 1, 2012)
Effective July 1, 2012, authorizes and directs the state treasurer to transfer $35,000,000 of
all proceeds from the sale of New Orleans Adolescent Hospital to the Overcollections Fund
and the remainder to the state general fund.
SECTION 5. STATE GENERAL FUND (EFFECTIVE JULY 1, 2012)
Effective July 1, 2012, authorizes and directs the state treasurer to transfer $13,100,000 of
Program Income from the CDBG Program to the state general fund.
Effective July 1, 2012, authorizes and directs the state treasurer to transfer $4 million from
the Louisiana Tourism Promotion District Fund to the state general fund.
Effective July 1, 2012, authorizes and directs the state treasurer to transfer FEMA
reimbursements of $10,000,000 to the state general fund.
Effective July 1, 2012, authorizes and directs the state treasurer to transfer $20,000,000 from
the Self-Insurance Fund to the state general fund.
Effective July 1, 2012, directs the LA Housing Finance Agency to transfer $11,000,000 of
unrestricted and unencumbered assets into the state general fund.
Effective July 1, 2012, authorizes and directs the state treasurer to transfer $12,637,698 from
the Coastal Protection and Restoration Fund to the state general fund.
SECTION 6. STATE GENERAL FUND (EFFECTIVE JULY 1, 2012)
Effective July 1, 2012, authorizes and directs the state treasurer to transfer $12,637,698 from
state general fund from nonrecurring revenue to the Coastal Protection and Restoration Fund.
SECTION 7. STATE GENERAL FUND (EFFECTIVE GOV’S SIGNATURE)
Effective upon signature of the governor, authorizes and directs the state treasurer to transfer
$864,176 from the Academic Improvement Fund into the state general fund.
SECTION 8. RAPID RESPONSE FUND (EFFECTIVE JULY 1, 2012)
Effective July 1, 2012, provides that the state treasurer shall not include unexpended and
unencumbered monies in the Rapid Response Fund at the end of FY 2010-2011 in the
determination of the unencumbered balance of the fund for purposes of determining the
amount to be deposited into the fund at the beginning of the fiscal year pursuant to R.S.
51:2361(A)(2).
(Amends R.S. 22:842)

Who are they trying to kid here? It’s certainly not going to be the Hawks that demand a balanced budget with necessary cuts without the use one time money. Robbing Peter to pay Paul when Peter won’t be around next year only delays a solution for next session to take up. What are we going to sell next year to cover these reoccurring expenses? Thank God for men like Rep. Brett Geymann (Moss Bluff) and Rep. Cameron Henry (Metairie) who maintain their deeply principled convictions of Conservatism. The difference between Jindal and these gentlemen is their desire for true fiscal responsibility within the means of yearly recurring state revenue that Jindal lacks, along with their true public service. Finally, our Caesar has met his match going up against a House that did not bow to his Administrations demands. That’s only one battle, the wars far from over.

 

 

 

 

 

 

I posed two questions to Rep. Geymann by email, the first about one time money funds. Quote, “Most one time money comes from sweeping Funds.  Example: a 1$ fee was passed on drivers license for litter abatement. This year we are taking the money out of the fund!  That turns a fee into a tax!  In addition it is in violation of the constitution because a balanced budget is required to be within the official forecast. Fund sweeps are not recognized”. Next,  Are you personally in favor of a special session if necessary to solve the budget issue.  Quote, “Yes,  I am willing to go home without a budget if we can’t get it right.  I believe The people are ready for a responsible government.” 

It makes me proud to reside in Rep. Geymann’s  district and know he is working not only for Southwest Louisiana but ALL of Louisiana.

Mark Parham

 

 

 


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