The Revenue Estimating Conference meets today to discuss the exact budget deficit the state faces. Emelie Gunn has more…
CUT 1 (25) “I’m Emelie Gunn”
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Cleco has revised the terms of their proposed sale to a foreign investment group in the hopes of being granted a rehearing on the deal by the Public Service Commission. Halen Doughty has more…
Cut 2 (30) “I’m Halen Doughty”
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The total number of parishes that have been declared federal disaster areas has climbed to 23, after 16 more parishes were added to the list. Jeff Palermo has the story….
Cut 3 (27) “I’m Jeff Palermo”
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It’s expected we’ll get a better idea of the exact budget deficit facing the state at today’s Revenue Estimating Conference meeting. LSU Economist Dr. Jim Richardson serves on the panel and he says they’ll hear from the state’s fiscal office about how much was actually raised during the special session.
cut 4 (10) “beverages”
Richardson says they’re required to give their best estimate of how much was raised for this year and next year because budgets must be made based on those revenue estimates. He says many people say the state is short of 30 million dollars this year but…
Cut 5 (08) “carefully”
Richardson says we’re about 800 million dollars short for next fiscal year.
Cut 6 (08) “deal with”
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Cleco says they’ve made changes to their proposed sale of the Pineville-based utility company that would benefit customers and employees. Cleco President Darren Olagues says if the Public Service Commission agrees to the enhanced commitments, ratepayers will receive a $370 upfront credit on their bill and there would NOT be a significant reduction in Cleco’s workforce for at least 10 years.
CUT 7 (07) “of the day”
Olagues says they will also give Louisiana a $15 million investment in economic development. Cleco is requesting that PSC rehear the merits of their proposed sale to a foreign investment group. He says incorrect statements were made at the previous hearing that may have affected the PSC’s “NO” vote last month.
Cut 8 (05) “get corrected”
Logan Atkinson-Burke, with the Alliance for Affordable Energy, says this revised proposal is still not in the interest of ratepayers, because Cleco already has one of the highest rates.
Cut 9 (09) “already suffering”
Atkinson-Burke says their alliance is concerned about how much money the company will pocket from taxes if the deal passes. She says they do not expect the PSC to change their vote.
Cut 10 (09) “last month’s meeting”
The requested hearing is expected to take place on Tuesday.
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An Opelousas man was arrested after allegedly killing his mother’s dog when she refused to give him money. Corey Leger with the Opelousas police department, says Johnathan Williams became furious when his mother would not give him $4 for a pack of cigarettes.
cut 11 (05) “the dog”
Leger says Williams was not as his residence when the complaint was issued, but officers found him at a Dollar General two hours later.
cut 12 (07) “without incident”
Williams was arrested for allegedly killing his mother’s miniature collie.
Cut 13 (04) “at this time”
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Sixteen more parishes were declared federal disaster areas, bringing the total number of parishes to receive federal aid to 23. Mike Steele with the Governor’s Office of Homeland Security and Emergency Preparedness says more parishes could be added to that list in the next few days. He says FEMA is proving to be a good partner…
Cut 14 (11) “we’re facing”
Steele says some parts of the state are still feeling the after effects of the major flooding, such as the overflow of the Sabine River, which led to the closure of I-10 at the Texas Border. He says people whose homes were damaged need to register to receive their federal assistance.
Cut 15 (10) “by telephone”
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Southern University takes on Holy Cross tonight in the NCAA Tournament. Both teams are 16-seeds as they meet in the First Four Round. Jaguars coach Roman Banks says they would like to push the tempo tonight…
Cut 16 (14) “get em rotating“
Banks believes they can also dominate the paint tonight….
Cut 17 (13) good at”
LSU men’s basketball Johnny Jones stands by his decision to reject an opportunity to play in the NIT. Jones says a season-ending injury to Keith Hornsby and an illness to shooting guard Antonio Blakeney would have made it a tough to put a compeitive team on the court.
Cut 18 (16) “popular decision”
Jones says they’ll use this time to begin preparations for next season, a year they hope will result in a trip to the NCAA Tournament.
Cut 19 (18) “doing that”
SEC Freshman of the Year Ben Simmons is not expected to be part of the team next year. He could be the number one pick in the NBA draft in June. Jones says it was a pleasure to coach him.
Cut 20 (20) “program”