Tagged: budget

The Baton Rouge Metro Airport's budget is projected to increase by nearly 5 percent in 2013 to $13.1 million. That's according to a proposal presented to the Airport Commission's finance committee.

Cary Morgan, the airport's business manager, says the increase from an expected $12.5 million expenditure in 2012 will be funded primarily through non-airline revenue, which is expected to jump $400,000 to $9 million.

Non-airline revenue comes from parking, concessions, rental car companies, leases of airport property and other sources.

Repeated rounds of budget shortfalls have prompted lawmakers to take an in-depth look at the long list of tax breaks that siphon billions of dollars from Louisiana's treasury each year.

A 14-member study panel of legislative leaders Monday launches a six-month review of the $4.4 billion in tax exemptions, rebates and credits on the books.

For years, when state coffers were flush, tax break bills sailed through the Louisiana Legislature. But with the economy struggling, Republicans and Democratic state lawmakers are questioning if they've been too generous.

Jefferson Parish school officials are proposing a $404 million budget for 2012-2013.

The Times-Picayune reports the proposal takes into account recent moves to close schools and cut staff to offset rising costs.

The board plans a public hearing on the budget July 25 at Alfred Bonnabel Magnet Academy High in Kenner.

The largest slice of the budget in in employee compensation for employees — more than $329 million.