Opinion Columns

State Needs to Help Local Governments Affected by Oil Spill

By State Treasurer John KennedyLouisiana needs to ensure that local governments and parishes do not face financial troubles in the short-term as a result of the oil spill disaster. One of the biggest financial threats…

Be Wary of Unclaimed Property ‘Finders’

By State Treasurer John KennedyThe Louisiana Department of the Treasury’s Unclaimed Property Division has received several complaints from Louisiana residents who have been contacted by individuals offering to help locate unclaimed property for a fee….

One-Of-a-Kind Bond Security and Redemption Fund Protects La. Bondholders and Taxpayers

By State Treasurer John KennedyIf the nation’s recent financial crisis has taught us anything it’s the importance of going back to the basics when it comes to managing money. We’ve seen the devastating effects of…

Purchasing Private Insurance for Qualified Medicaid Recipients Could Save $100 Million

By State Treasurer John KennedyAnother legislative session has just begun, and lawmakers will have their work cut out for them as they whittle away at a ballooning budget and a large deficit. It may seem…

Successes and Shortcomings of the Work of the Streamlining Commission

By State Treasurer John KennedyThe Louisiana Streamlining Government Commission, of which I am a member, has made 238 recommendations to the Legislature and the Governor in the first phase of its work to restructure and…

State Must Reign In Consulting Contracts

By State Treasurer John KennedyThere has been an explosion in the number of contracts the state awards for various consulting services. State agencies and departments currently spend approximately $7 billion on 16,000 contracts; many are…

State Must Adopt New Approach to Stop School to Prison Pipeline

By State Treasurer John KennedyEach day, 80 students drop out of Louisiana public elementary and secondary schools. Louisiana’s high school graduation rate is well below the national average, and in 2006, the state ranked fifth…

Louisiana New Start Education Tax Credit Program Could Help Students in Troubled Schools

By State Treasurer John KennedyEvery Louisiana child deserves the right to a quality education, but 25,000 students in our state are not getting one. These students currently attend public schools that are deemed “academically unacceptable”…

Right-Sizing Louisiana Government Means Reducing Labor Costs

By State Treasurer John KennedyLouisiana ranks 1st in the South and 8th in the nation for the number of state employees per 10,000 population. Our state also faces a $3 billion to $4 billion budget…

Why Louisiana Needs a Single Board of Higher Education

By State Treasurer John KennedyAmerica has the best system of higher education in the history of civilization, and many of those schools are right here in Louisiana. Yet, our colleges and universities are being held…