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Audit says spending rises on La. boards and commissions

Gov. Bobby Jindal's effort to limit the costs of Louisiana's governing boards and commissions hasn't trimmed their spending, according to a report released today. The Associated Press reports the review by Legislative Auditor Daryl Purpera's office...

DATE: December 23, 2013 | CATEGORY: Daily Report

News roundup: La. mineral, energy board awards 19 leases … LSERS posts 14% ROI for just-ended fiscal year … Exxon shows off massive campus under construction in Houston

On solid ground: The State Mineral and Energy Board sold 19 leases covering 2,484 acres—out of 58 nominated tracts covering more than 53,800 acres—at its August lease sale held in Baton Rouge on Wednesday, according to...

DATE: August 16, 2013 | CATEGORY: Daily Report

Funds withheld from CATS as court ruling plays out

While the First Circuit Court of Appeals continues to deliberate whether to allow a lawsuit challenging the 10.6-mill CATS tax to proceed, the East Baton Rouge Parish Sheriff's office is withholding from the public transit agency some $484,118...

DATE: July 01, 2013 | CATEGORY: Daily Report

Surplus envy creeps in as other states do better

Surplus envy creeps in as other states do better

Through the last five years of ongoing, agonizing budget deficits and midyear cuts, Louisiana politicians could at least console themselves knowing that other states were grappling with the same financial woes brought on by the national recession.

DATE: May 14, 2013 | CATEGORY: Daily Report

Maginnis: Surplus envy creeps in as other states do better

Through the last five years of ongoing, agonizing budget deficits and midyear cuts, Louisiana politicians could at least console themselves knowing that other states were grappling with the same financial woes brought on by the national recession.

DATE: May 14, 2013 | CATEGORY: Daily Report

Residential market gains ground

Residential market gains ground

Residential markets in most sectors showed increases in sales volume in the previous 12 months. Total sales volume for the Greater Baton Rouge Multiple Listing area increased more than 15% from March 2012 through February 2013 after increasing only...

DATE: April 15, 2013 | CATEGORY: Tom Cook

Study finds Louisiana has the nation's highest local taxes

Though the sales tax rate in Louisiana is the second-lowest in the U.S., a new study by the Tax Foundation shows that Louisiana's combined state and local sales taxes are the third-highest in the nation, averaging 8.84%. Additionally, Louisiana has...

DATE: October 03, 2011 | CATEGORY: Daily Report

News roundup: N.O. area hotel business hit by summer doldrums ... Survey shows employers consider ending health coverage

Dog days: The annual summer doldrums have hit the New Orleans-area hotel business. New Orleans CityBusiness says that July room occupancy rates were among the lowest in the top 25 markets that Smith Travel Research tracks.

DATE: August 24, 2011 | CATEGORY: Daily Report

April sales tax collections down slightly in EBR

East Baton Rouge Parish sales tax collections were down slightly in April, coming in 0.3% less than the year before. More than $12.1 million was collected in April, compared with $12.2 million in April 2010, according to figures released today by...

DATE: June 20, 2011 | CATEGORY: Daily Report

La. makes list of fastest-growing state economies

Louisiana ranked 10th in an analysis of which states grew the fastest from 2000 to 2010. The state's gross domestic product increased by 48.4% during the period, while household incomes went up by 38.3%, according to Daily Finance, an AOL...

DATE: June 14, 2011 | CATEGORY: Daily Report

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