With surplus, resist urge to not pay down debts

Louisiana doesn’t need to get ahead of itself upon reception of impending budgetary good news. Last week, the Joint Legislative Committee on the Budget approved its typical October fiscal status statement, which is a report made by the Division of Administration on where it determines the state’s final fiscal picture relative to the budget that expired at the end of the state’s fiscal year. DOA now sees the fiscal year 2026 budget producing a surplus of $565 million. While predicted expenditures

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