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Louisiana
Louisiana governor signs fiscal 2019 budget with potential $500 million shortfall
John Bel Edwards also called a new special session in hopes of solving an impasse on priority spending.
Louisiana session fails to break budget impasse with governor
Gov. John Bel Edwards objected to a spending plan that would impose cuts of more than 24% on most state agencies.
Dueling budget plans underscore Louisiana conflict pitting governor, Senate and House
Gov. John Bel Edwards has called lawmakers to the capitol on May 22 to deal with the budget deficit.
Gun control questions for underwriters could push Louisiana borrowing costs up
Louisiana plans to ask firms if their policies “infringe on the constitutionally protected rights” of citizens to lawfully keep and bear arms.
Trump tariffs create uncertainty for state and local government credits
Export industries may suffer, and Increases in steel and aluminum prices would hinder infrastructure projects.
‘Political risk’ seen as a credit weakness in Louisiana, S&P says
With lawmakers failing to address a $1 billion budget deficit, S&P said “uncertainty about fiscal 2019 now looms over Louisiana.”
Legislative inaction leaves Louisiana $1 billion in the hole
After failing to approve new revenue in a special session, lawmakers now must pass a fiscal 2019 budget without enough revenue to fund state priorities.
New money surge isn't enough to boost Southeast volume
Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.
Judge tosses Grigsby’s federal discrimination lawsuit against Shreveport, La.
Financial advisor and attorney Calvin Grigsby vowed to appeal a judge's ruling finding that his former client has absolute immunity from lawsuits.
New Orleans chips away at sewer repairs with $114M bonds
The New Orleans Sewerage & Water Board is poised to issue $114 million in bonds for sewer and drainage repairs.
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