$400 Million Louisiana Spending Plan Readied |
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12-B Thursday, April 4, 1968 THE SHREVEPOOT TIM|
For Colleges, Institutions
$400 Million Louisiana
Spending Plan Readied
BATON ROUGE, La. (AP) —
The State Division of Adminis-tration
will submit a five-year
capital outlay program to Gov.
John McKeithen that will total
about $400 m i l l i o n , it was
learned Wednesday.
Two of the governor's top leg-islative
leaders predicted it
would be approved.
Most of the funds would be
earmarked for construction of
college and university campuses
and for institutions and hospi-tals.
Highways are excluded.
"I think it will be approved if
it is properly presented," said
Sen. Jamar Adcock, Monroe,
chairman of the Legislative
Budget Committee.
"I think the legislature will go
along," Rep. Robert Munson,
Cheneyville, McKeithen's floor
leader in the House, said.
Commissioner of Administra-tion
N. P. Himbert said a bond
issue to finance the first year of
the plan could be held to $50 or
$60 million.
$150 MILLION EXTRA
He said he had not talked
with the governor about a re-port
that the cost for the first
year would total $150 million
and include funds for a new sys-tern
of junior colleges.
The New Orleans States-Item
reported the cost for the bond
issue had been upped $150 mil-lion.
The report said the gover-nor
so informed members of the
bond and building commission.
State Treasurer A. P. Tug-well,
A s s i s t a n t Comptroller
James Fontenot, Munson, and
Cecil Hill, executive director of
the commission, said they knew
nothing of the report. All are
commission members.
State officials earlier had
placed a $50 million price tag
on the bond proposal for the
first year.
In the past, the five-year plan
has been simply put on the leg-islators'
desk — and no action
has ever been taken despite the
frequent criticism of the Public
Affairs Research Council.
State law requires that the
legislature approve a five-year
building program.
Carlos Spaht of Baton Rouge
is head of a committee that is
currently reviewing each re-quest
in the capital improve-ments
budget.
Adcock said if each item in
the capital budget is properly
studied and supported by facts,
the legislature would approve.
"Also, I think we ought to
know how it will be financed,"
he said.
Object Description
| Title | $400 Million Louisiana Spending Plan Readied |
| Subject |
Louisiana Legislation Funding Universities & colleges |
| Publisher | Shreveport Times |
| Date | 1968-04-04 |
| Identifier | See reference URL on the navigation bar. |
| Source | Louisiana State University Health Sciences Center Shreveport Medical Library (http://lib.sh.lsuhsc.edu) |
| Language | en |
| Relation | http://www.louisianadigitallibrary.org/cdm4/index_LSUHSCS_NPC.php?CISOROOT=/LSUHSCS_NPC |
| Coverage-Spatial | Shreveport (Caddo, La.) |
| Rights | Physical rights are retained by Louisiana State University Health Sciences Center Shreveport. Copyright is retained in accordance with U.S. copyright laws. |
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