Budget Cycle

Governor Submits Budget
January or February (45 days before legislature convenes)

Fiscal Year Begins
July 1 

Governor Signs Budget 
20 days after receipt of the bill

Budget Links

FY2023 (proposed)
FY2022 (enacted)
FY2021 (enacted)
FY2020 (enacted)
FY2019 (enacted) 
FY2018 (enacted)

Proposed Budget - Fiscal Year 2023
On January 25, Louisiana Governor John Bel Edwards released a proposed budget for fiscal 2023 that totals $38.6 billion, a decrease of 4.0 percent from the existing operating budget for fiscal 2022. The general fund portion of the budget totals $10.94 billion, an increase of 8.6 percent from the existing budget for fiscal 2022. Total revenue for fiscal 2023 is projected at $38.6 billion which is a decrease of 4.0 percent from the total revenue for the existing budget for fiscal 2022. $175 million is recommended to be deposited into the Budget Stabilization Fund. The state general fund is broken down into the following spending categories: Department of Education (36 percent); Department of Health (26 percent); Higher Education (11 percent); Corrections Services (6 percent); Non-Appropriated Requirements (5 percent); Other Requirements (6 percent); and All Other (10 percent).

Proposed Budget Highlights 

The proposed fiscal 2023 budget focuses on making investments in the future, and only using one-time money for one-time expenses. The following State General Fund items are included in the proposed budget:

  • $671.2 million to replace one-time funds from the emergency FMAP and Lottery Proceeds Fund.
  • $36.8 million to provide funds for state agency acquisitions and repairs.
  • $148.4 million for teacher and support worker pay raises.
  • $47.5 million to invest in early childhood education, including the following:
    • $25 million to increase per child rate to providers.
    • $17 million to increase LA-4 Early Childhood program rate per pupil.
    • $1.4 million to increase rate for nonpublic school early childhood development.
    • $4.1 million to add additional funding for 256 students on waitlist for Student Scholarships for Education Excellence Program.
  • $103.8 million for higher education including the following:
    • $31.7 million for faculty pay increases and related benefits.
    • $18.0 million for mandated cost increases and LSU First.
    • $25.0 million for formula funding.
    • $15.0 million for Go Grants.
    • $5.0 million for Title IX offices.
    • $5.0 million for the Pennington Biomedical Research Center youth obesity pilot program
    • $4.1 million for LSU and Southern University agriculture programs.
  • $33.8 million for Louisiana Department of Health to equalize rates for personal care services.
  • $25.7 million for a $100 per month supplemental pay increase for sheriffs’ deputies, as well as municipal police and firefighters.

Other priorities in the fiscal 2023 budget include the following:

  • Using one-time money for one-time expenses.
  • Supporting Louisiana’s businesses and unemployed workers.
    • Dedicates $550 million in federal American Rescue Plan Act (ARPA) funding to replenish the state’s Unemployment Insurance Trust Fund.
  • $1.2 billion for improving Louisiana’s infrastructure including the following:
    • $500 million from fiscal 2022 state General Fund excess for new Mississippi River Bridge in Baton Rouge.
    • $100 million of ARPA funds for I-10 Calcasieu River Bridge in Lake Charles.
    • $100 million for the I-49 Lafayette Connector.
    • $500 million for water and sewer improvements statewide.