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Inside the LMA<br />
Governor’s Column<br />
A TIME OF THANKSGIVING<br />
BY JOHN BEL EDWARDS, GOVERNOR OF LOUISIANA<br />
Where has the time gone? It’s hard to believe<br />
<strong>November</strong> is already here but here it is, and what a<br />
beautiful time of the year. This is the month when<br />
we take time to reflect and give thanks for all of our<br />
blessings. Of course I’m grateful for many things<br />
including my family, friends, the hard working and<br />
fun-loving people of our state and the LMA and all<br />
of its members. Louisiana is seeing some of its best<br />
days in decades and that is in part because of your<br />
steadfast partnership with my administration in helping<br />
municipalities across our state and consistently making<br />
a difference. Thank you for all that you do.<br />
There are many things that as a state we can be<br />
thankful for as we look back on all that we have<br />
accomplished together. No longer having to deal<br />
with deficits, Louisiana is projected to have a $300<br />
million surplus for the fiscal year 2018. This is exactly<br />
what we wanted to see. It’s the direct result of an<br />
improved job market for Louisianans, increased<br />
success of our businesses, and an improving<br />
economy that has allowed corporate tax receipts<br />
to outpace expectations. Since I’ve been governor,<br />
the unemployment rate has fallen from a high of 6.2<br />
percent to its current rate of 5 percent. The Bureau<br />
of Economic Analysis’ (BEA) latest report shows that<br />
personal income in Louisiana was the second fastest<br />
growing in the nation in the second quarter of 2018<br />
and that our state’s economy grew faster than 35 other<br />
states in the first quarter of 2018.<br />
When we come together and focus on what’s best for<br />
Louisiana, great things can happen and what we’re<br />
experiencing today is evidence of that. Not long ago, a<br />
coalition of Democrats, Republicans and Independent<br />
worked with me to find ways to provide long-term<br />
budget stability to our state – something our state<br />
has lacked for so long. As a result, we have stabilized<br />
funding for higher education for the<br />
second year in a row. We have fully<br />
funded TOPS and Go Grants. We<br />
did all of that, and we still reduced<br />
the tax burden on the people of<br />
Louisiana by nearly $600 million.<br />
In the spirit of continuing to help our people, I want<br />
to remind you to encourage your constituents who<br />
were impacted by the horrific 2016 floods and have an<br />
application with the Restore Homeowner Assistance<br />
Program to complete and submit their applications by<br />
the <strong>November</strong> 16, 2018 deadline. It’s very important,<br />
especially now that the unfair duplication of benefits<br />
issue has been corrected. It was a long hard battle,<br />
but working with our congressional delegation for the<br />
last two years, relief is on the way to homeowners who<br />
took out a loan with the Small Business Administration<br />
to help recover and rebuild. In early October, Pres.<br />
Donald Trump signed legislation allowing for the loans<br />
to no longer be counted as a duplication and with<br />
guidance from the U.S. Dept. of Housing and Urban<br />
Development, Restore will update the award amounts.<br />
You can visit www.restore.la.gov or call 866-735-2001<br />
Monday-Friday from 8a.m. - 6p.m. for more information.<br />
When we empower our people, we empower our state,<br />
and Louisiana is now on a path of prosperity that<br />
is setting our state and our people up for the kind<br />
of success they deserve. While we have much to be<br />
thankful for, we are far from mission accomplished.<br />
By continuing to work together, we can keep the<br />
momentum going. Donna and I wish you and your<br />
families a Happy Thanksgiving. God bless you all.<br />
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<strong>LMR</strong> | <strong>November</strong> 2018 Page 5