The Public Affairs Research Council of Louisiana has released a new report that analyzes the state’s film tax credit incentives and recommends changes to limit the excessive costs and develop a more Louisiana-focused program. The PAR report clears up common misperceptions and exaggerations about the program, explains how the credit process affects state finances in the long term and offers specific and general recommendations to improve results.
The PAR study also makes more general points about the future direction of state policy on this issue. The economic development challenge for Louisiana is not just to win more major film projects but to position itself in the emerging and converging entertainment fields of film, animation, digital interactive media, gaming, software and sound recording.
PAR Releases Reports on the State Budget Crisis
PAR has released two documents analyzing the state’s fiscal problems and the budget challenges facing the governor and Legislature.
PAR’s Guide to the State Budget Crisis examines the fiscal condition of the state, including the historical factors that lead us to the current crisis. This report reviews the decisions and circumstances that created Louisiana’s chronic and compounding budget sustainability problem. It serves as an educational primer on state budgeting and it investigates the familiar as well as the obscure but critical elements of state taxing and spending. Click here to see full report.
Louisiana's State Budget Vertigo is a PAR commentary that identifies holes in the executive budget and reviews specific proposals to deal the financial shortfall. Click here to view State Budget Commentary .
PAR releases commentary: High Stakes for High Standards
Accountability, constitutional integrity and democratic principles should guide the adoption and review of state educational academic standards.
The state has entered a high-stakes phase of deciding the future implementation of Common Core State Standards. Some elected officials are seeking to repeal the standards despite considerable investment of time and money by the state, local districts and teachers. The governor's plan would mean that over a four-year period Louisiana teachers and students would be coping with three different sets of academic standards and assessments. This is unacceptable.
This PAR commentary suggests that the state in the long run is best served by observing existing constitutional and democratic principles, even if the state standards are changed.
To access the full commentary, simply click here