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By The Numbers:
A Primer On Louisiana's Budget Crisis
Louisiana government is faced with possibly cutting more than $2.4 billion from the state budget by July 1, 2011.
While few states have escaped the harsh financial blow triggered by the national recession, Louisiana’s existing fiscal policies and a set of unique economic circumstances are creating a particularly challenging dilemma for the governor and Legislature.
Click here for video and more.
LSU System Mid-Year budget cuts
In response to an Executive Order by Governor Jindal, Louisiana State University System institutions today submitted mid-year budget cuts to the State Division of Administration of more than $39.1 million.
Twenty-two employees, including 13 at the Main Campus in Baton Rouge, are being laid off. In addition, campuses statewide have abandoned searches to fill another 278 funded but vacant positions. The job cuts total more than $10.4 million in reduced salaries and benefits.
Responses to issues being raised by opponents to providing additional funding for higher education
Current Higher Education Funding in the Budget
LSU Budget Analysis of Future Budget Cuts for Higher Education (2009)
A Message from LSU System President
John V. Lombardi
Louisiana colleges and universities could face more than $600 million in budget cuts in two years if nothing is done to spare higher education from the impact of a $1.9 billion projected shortfall in state revenues for 2012, according to a LSU System analysis of state revenues released today. (Read more)
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Press Release from the Board of Regents concerning Low-Completer Program Terminations
Regents Recommends Termination of 87 Low-Completer Programs
BATON ROUGE, La. –The Louisiana Board of Regents has identified 87 technical, community college and university programs which should be eliminated due to low-completion rates. Additionally, the board recommended a comprehensive review of 3 program areas for potential unnecessary duplication in the future. Read more. -->
2009 REVIEW OF LOW-COMPLETER PROGRAMS
PHASE III: STAFF RECOMMENDATIONS FOR SELECT LOWCOMPLETER PROGRAMS
Read more. -->
Louisiana State University System Preliminary Budget Reduction Proposals
The following information describes major adjustments to LSU System units required by dramatic state revenue reductions to higher education as a result of anticipated large revenue shortfalls reflected in Governor Jindal’s proposed Executive Budget.
The structure of the budget includes many dedicated funds and other difficult-to-change state commitments that require higher education to absorb a disproportionate share of the revenue losses. The Louisiana Board of Regents recommended distribution of the budget cuts for higher education to each system using a method that assigned 1/3 of the overall reduction to higher education based on the newly developed state higher education performance funding formula and 2/3 on a base budget reduction. With the exception of the Louisiana Community and Technical College System, the LSU System Pennington Biomedical Research Center and the LSU Health Care Services Division, many LSU institutions also added a 4.6 percent discretionary general fund reduction at midyear (2008-09) to the loss of state funding proposed for the 2009-10-budget year. Click here for more.
LSU System President's Budget Note to Chancellors
Budget Documents: Budget Cut Formula :: Budget Cut by Campus
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Video: Dr. John Lombardi on 2une In, Feb. 5, 2009
(courtesy WBRZ)
Louisiana State University System Response to the
Division of Administration's Budget Reduction Exercise
The attached document outlines the LSU System response to the budget reduction guidelines issued by the Division of Administration. The guidelines identify two levels of budget reduction at the 30 percent and the 18 percent levels (including the annualized reductions from fiscal year 2008/09). The Board of Regents allocated the LSU System its proportional share of reduction, and the LSU System then allocated this reduction to each of the major budget units proportional to their share of total state general funds. Click here for more.