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Legislative Auditor presents $42.9 million financing plan; committee endorses request
Summary
The Legislative Auditor outlined a financing plan totaling about $42.9 million — including a $15.295 million State General Fund request — to cover audit operations, technology upgrades and personnel; the committee voted to approve the request and forward it to the Legislative Budgetary Council.
Mike Waguespack, representing the Legislative Auditor's office, presented the agency's budget request and means of financing at the Feb. 26 committee meeting. He asked members to approve an appropriation request of $15,295,000 from the State General Fund and outlined an overall financing package of about $42,900,000 that includes allocated audit costs ($17,900,000), advisory billings…
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