Louisiana Political News Wire
Analysts: People need better view of state finances
by MICHELLE MILLHOLLON - Advocate (excerpt)
Gov.-elect Bobby Jindalís pledge to make state government more transparent should include clarifying the stateís financial picture for the public, the stateís former chief budget analyst said Wednesday.
For example, it is difficult for average people to understand why state government continues to have lingering debt despite the recent budget surpluses, Bob Keaton told Jindalís government and fiscal reform advisory council.
Keatonís recommendation: A ďfiscal state of the state reportĒ ó similar to a personís credit report ó that details state governmentís liabilities, such as, the $20 billion price tag for rebuilding the coast and the $262 million for the most pressing repairs on college and university campuses.
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