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05-251 Office of the Secretary

The mission of the Office of the Secretary is to provide leadership for all departmental activities, support services to department activities and assistance to economically disadvantaged businesses and technology-based businesses.

The goal of the office of the Secretary is to provide leadership for the creation/implementation of effective policies /programs which enhance economic development throughout Louisiana.

BUDGET SUMMARY

This agency's recommended appropriation includes $32,305 for short-term debt, including Lease Purchase agreements.

In addition to the above recommended appropriation, $726,637 will be paid in fiscal year 1999-2000 for long term debt incurred on behalf of this agency from the previous sale of bonds. Total long-term debt service payments for the state for fiscal year 1999-2000 are reflected in the Governor's Executive Budget Supporting Document in Non-Appropriated Requirements, Schedule 22-922.

This agency's recommended appropriation also includes the following amount by means of financing for payments on the unfunded accrued liability of the Louisiana State Employees' Retirement System in accordance with the provisions of Article X, Section 29 of the Constitution of Louisiana:

State General Fund (Direct)

 

$170,641

State General Fund by:

 

 

     Interagency Transfers

 

    18,960

 

 

 

Total

 

$189,601


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