Current and Upcoming Fiscal Years Short on Money

Yesterday we learned, from the new governor’s administration, that fiscally, things are much worse. Short on money is public schools and parish prisons.

For the current fiscal year that ends in June, we are short $750 million. Either money has to be raised immediately or cuts have to be made to come up with the cash. Then, for the new fiscal year that begins in June, the state is already short $1.9 billion.

The new administration says they’re not going to sugar coat the problem.

KLAX ABC 31 News 12/31/15