La. Revenue Estimating Conference Finds Millions To Help With Budget Issues

$179 million. That's the money that was found by the Revenue Estimating Conference on Thursday that can help deal with budget issues for this fiscal year and next.

Lawmakers say $99.4 million of that money will go towards this fiscal year, while $79.3 million will go towards the fiscal year beginning July 1.

So, from where is this money coming? Well, much of it comes from a surplus balance in an insurance reserve fund.

Lawmakers say Governor Bobby Jindal will still need to sign approved legislation filed by them to access the funds.