Tuesday, February 13, 2018

University leaders call for lawmakers to take action on fiscal cliff - Kevin Frey, WAFB

The shortfall for fiscal year 2018-19 is the result of about $1 billion in temporary taxes falling off the books. That includes a penny of the state sales tax, approved by lawmakers two years ago as a band-aid to the budget crisis that year. Both LSU President F. King Alexander and Southern Chancellor Ray Belton want state legislators to meet in February for a special session to deal with the fiscal cliff, believing it will provide stability for both current college students and high school graduates. http://www.wafb.com/story/37334064/university-leaders-call-for-lawmakers-to-take-action-on-fiscal-cliff