LSU Thanks Louisiana House of Representatives for Budget Approval

05/09/2019
BATON ROUGE – Today, the Louisiana House of Representatives voted on the state budget, and higher education saw modest increases. LSU’s leadership expressed their appreciation for this support.

The budget approved by the House is similar to the proposed budget recommended by Gov. John Bel Edwards prior to the legislative session. In both versions, there is stable funding for higher education with small adjustments for cost increases. This is an indication that the Legislature is committed to protecting higher education.

“We are grateful to the Louisiana House of Representatives for their votes today to stabilize higher education’s funding and even manage to make some investments,” said LSU President F. King Alexander. “We’ve been working hard, telling our story and sharing the long-term benefits of higher education.”

The stability in the budget is based on last year’s efforts by Gov. Edwards and the Legislature to avoid drastic cuts and create a solid base of funding for campuses across the state.

A recent study by the Economics & Policy Research Group at the E. J. Ourso College of Business determined that LSU’s economic impact on Louisiana totals $5.1 billion. This study marked the first time that the impact of all eight LSU campuses – LSU, the LSU AgCenter, Pennington Biomedical Research Center, LSU-Alexandria, LSU-Eunice, LSU-Shreveport, and the LSU Health Sciences Centers in Shreveport and New Orleans – was been illustrated from the state level and on a campus-by-campus basis.

“Higher education provides opportunities for students and families to improve lives,” said Vice President for Agriculture William B. Richardson. “The actions by the House of Representatives and Governor to invest and protect higher education funding will allow the AgCenter the opportunity to invest in research, extension and youth development programs to improve opportunities for Louisiana’s agricultural producers and residents.”

“LSU Alexandria feels it is in a better position than at this time last year,” said LSU of Alexandria Chancellor Guiyou Huang, “LSUA is poised for great success next year, and this is the type of information that gives prospective students and supporters confidence in choosing LSUA.”

 “LSU Eunice is very appreciative of the House’s support in what we are doing,” said Interim Chancellor of LSU Eunice Bill Crowe. “We are growing to meet the workforce needs of our area, especially in health fields, and the House’s vote shows that they have confidence in what we are doing.”  

“LSU Shreveport has been growing its enrollment and being entrepreneurial,” said LSU Shreveport Chancellor Larry Clark. “The House’s vote gives us a solid platform on which to build.”

In total, LSU is directly responsible for more than 41,000 jobs, a total of 20,366 of which are directly attributable to the university.

“LSU Health Shreveport is grateful to our representatives for supporting higher ed, which is essential to a strong economy and in attracting top students and faculty to Louisiana,” said Dr. G. E. Ghali, chancellor LSU Health Shreveport.

“We appreciate the continuing support of our Representatives as we work to expand our healthcare workforce and increase access for our patients,” said Dr. Larry Hollier, chancellor of LSU Health New Orleans.

“Pennington Biomedical greatly appreciates the support provided by our legislators and the governor in the operating budget for higher education that was approved by the House today,” said John Kirwan, executive director of LSU's Pennington Biomedical Research Center. “This support will be used to retain and recruit entrepreneurial scientists who will grow the knowledge economy in Louisiana.”

With more than 45,000 students; 20,000 full time employees; and $3 billion in expenditures and student spending, LSU’s institutions and facilities have a large impact on Louisiana’s economy.

 

 

 

Contact Ernie Ballard
LSU Media Relations
225-578-5685
eballa1@lsu.edu