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Racing commission budget rises with historical‑horse‑racing disbursements; majority of funding passed through breeders, purses, parishes

2885613 · March 11, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Louisiana State Racing Commission reported that FY2026 recommended means of finance total about $12.1 million, with major pass‑throughs for purse supplements, breeder awards and historical horse‑racing distributions; the agency has no meaningful general fund appropriation in a typical year.

Senate Finance staff presented the Louisiana State Racing Commission budget and said FY2026 recommended means of finance are roughly $12,100,000. The presenter noted that the agency normally does not receive general fund appropriations and that most of the money is statutory dedications and fees tied to wagering and historical horse‑racing activity.

The agency described three major pass‑through categories: purse supplements (about $5.8 million…

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