Budget Update

2/22/2017

Dear LSU Community,

It is my pleasure to share the news that the 2017 Special Session ended today with zero cuts to higher education. While our state leaders debated various options to close Louisiana’s $304 million budget gap, they all agreed that higher education should be protected, and that leaves our university well-poised for the future.

After much discussion, legislators came to a deal that closed the current year budget shortfall through a combination of Rainy Day Funds and cuts to state spending.

We are very grateful to the Governor and our legislators for protecting their investments in colleges and universities and for the political courage to prioritize higher education. If you have an opportunity, please thank them for their support of LSU and higher education.

The Regular Session begins April 10. It will be a “fiscal” session, meaning legislators will have to focus primarily on tax and budget bills. Professor James Richardson and LSU Public Administration alumna Kimberly Robinson co-chaired a tax reform commission that held numerous hearings during the fall. Tax and fiscal reform is a very difficult endeavor, and we will keep you informed as those efforts begin to unfold.

Sincerely,

F. King Alexander
LSU President