2023 Move in weekend

[no1cajunfan]

If that is accurate.
My guess is our city government waited too long to act thus the money dried up. Many people hated Guillory cause of the quick speed he did things. It appears our current government acted too slowly.

[CajunT]

From the article: "Lafayette’s outgoing legislative delegation secured $75 million in 2023. That dropped to less than $10 million in the current budget."

I think we can thank the LA legislature and our current governor instead.

Actually, you thank the previous Govenor and legislature (both parties) for these budget cuts. It was known to them that the Medicaid Expansion they signed off on would eventually have to find new revenue to pay for it when the Federal Government notified the state that funding would be reduced to this state begging in 2024. Edwards didn't care because he would no longer be Governor and both parties were scared to death to tell the citizens of Louisiana that this was coming to a head. Both parties kicked the can down the road for the next Governor and Legislature to deal with these massive budget shortfalls.

[Cajunrunner]

Actually, you thank the previous Govenor and legislature (both parties) for these budget cuts. It was known to them that the Medicaid Expansion they signed off on would eventually have to find new revenue to pay for it when the Federal Government notified the state that funding would be reduced to this state begging in 2024. Edwards didn't care because he would no longer be Governor and both parties were scared to death to tell the citizens of Louisiana that this was coming to a head. Both parties kicked the can down the road for the next Governor and Legislature to deal with these massive budget shortfalls.

Well the consultants made some good money off the various studies they conducted, so that's a big positive. Stop being so negative about everything and look for the good silver linings.

[RedTails]

Actually, you thank the previous Govenor and legislature (both parties) for these budget cuts. It was known to them that the Medicaid Expansion they signed off on would eventually have to find new revenue to pay for it when the Federal Government notified the state that funding would be reduced to this state begging in 2024. Edwards didn't care because he would no longer be Governor and both parties were scared to death to tell the citizens of Louisiana that this was coming to a head. Both parties kicked the can down the road for the next Governor and Legislature to deal with these massive budget shortfalls.

Jeff (and every other gubernatorial candidate running) said Medicaid Expansion is a good thing (the state is only on the hook for 10%). Maybe capital outlay budget wouldn't have taken such a huge hit if didn't let a temporary sales tax expire (0.45% of the state sales tax expiring, losing out on $550 million in tax revenue), also easing up on O&G severance tax.

We can't cut taxes and then complain that we can't get nice things because our previous governor was a democrat.

P.S. I hope the guys trying to write our new state constitution in secret aren't successful, because we can all kiss our homestead exemption goodbye.

[Cajunrunner]

easing up on O&G severance tax.

Louisiana: 12.5% of value (unless something changed this past session)
Texas: 4.6% on oil; 7.5% on gas
Mississippi: 6%
Arkansas: 4 to 5% depending on production numbers

Now I'm sure there's some difference between the four states on specific tax breaks that might reduce that number, but those are the starting points comparison between the them.

[RedTails]

Louisiana: 12.5% of value (unless something changed this past session)
Texas: 4.6% on oil; 7.5% on gas
Mississippi: 6%
Arkansas: 4 to 5% depending on production numbers

Now I'm sure there's some difference between the four states on specific tax breaks that might reduce that number, but those are the starting points comparison between the them.

Bill to slash oil tax aims to stimulate industry. But it could cost Louisiana millions

Yea, they passed a bill dropping it to 8.5%.

According to the Legislative Fiscal Office, reducing the severance tax will cost the state nearly $107 million over the next five years. Once the rate is down to 8.5%, it could leave the state short about $80 million annually, predicted Jan Moller, executive director of Invest in Louisiana, formerly known as the Louisiana Budget Project.

Which is fine and dandy, but we can't simply compare the severance tax alone to other states. Because it's not apples to apples (see below). You had a keen understanding it wasn't the full picture though.

Louisiana does not have a reserve tax—a property tax based on the value of unextracted oil on a property. Texas does have that tax, and states across the country have different systems for taxing oil.

So, I go back to my original post on this. If we want to be a "business friendly" state and cut tax revenue like this, we can't be surprised when we can't get nice things, and we definitely shouldn't assign the blame to our new Lafayette MP. Louisiana is a mess, and I don't know how we fix it.

[CajunGrad16]

16-17k freshmen? Not a chance

Total not just freshman lol

[CajunT]

Jeff (and every other gubernatorial candidate running) said Medicaid Expansion is a good thing (the state is only on the hook for 10%). Maybe capital outlay budget wouldn't have taken such a huge hit if didn't let a temporary sales tax expire (0.45% of the state sales tax expiring, losing out on $550 million in tax revenue), also easing up on O&G severance tax.

We can't cut taxes and then complain that we can't get nice things because our previous governor was a democrat.

P.S. I hope the guys trying to write our new state constitution in secret aren't successful, because we can all kiss our homestead exemption goodbye.

Is that why he and the legislature have reduced Medicaid roles since January? None of them are being honest about Medicaid including the previous Govenor.

In LA, the federal government pays 68% of the cost of traditional Medicaid. The federal government paid 90% of the cost of the Medicaid Expansion, which has been reduced by 10% as you have rightfully stated.

Now in 2017 the expansion of Medicaid began under Edwards, buy the end of the year there were 1.4 million Louisiana residents were on Medicaid. And he increased that each year for a number of years.

So, what does that 10% increase translate to in actual dollars? That's hard to know without actually knowing the budget deficit we face. I've heard different numbers, but no one wants to tell us, the citizens what those figures look like.

But under Jindal Medicaid Expansion would cost $1.4B had he accepted the expansion at the time.

As for our previous Govenor, he was added by the Recovery ACT and FEMA money from two Major Hurricanes in Lake Charles. All of the money was Federal Dollars that aided his budget. Once that money is spent, it's gone.

[zephyr]

Total not just freshman lol

I was gonna say,, Georgia just brought in a little over 6,000 freshmen in this class and we aint Georgia

[R1Letterman]

I was gonna say,, Georgia just brought in a little over 6,000 freshmen in this class and we aint Georgia

But a much higher percentage of our new freshman have a chance to go to as many games as they want to, than those 6000 will at uga

[KajunKrazy]

1st home game is usually the most attended by students then it dies off. We have to find a way to keep them engaged.

It usually dies because the administration runs them off.

[R1Letterman]

Dont let them move out of the extended stay unless they show four game ticket stubs