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19-604 Louisiana State University Medical Center

Role, Scope, and Mission Statement: The Louisiana State University Medical Center (LSU Medical Center) is a multi-unit academic health science center providing interdependent instruction, research, and public service in health related fields. The LSU Medical Center has six professional schools - Dentistry, Graduate Studies, Allied Health Professions, Nursing, and Medicine in New Orleans and Shreveport. The Shreveport school also includes a hospital. The LSU Medical Center is Louisiana's only comprehensive facility for the professional education of health care providers. The LSU Medical Center also has a major role in public service through direct patient care, especially for a majority of the state's indigent citizens. Act 3 of the 1997 Regular Session transferred public hospitals from the Louisiana Health Care Authority to the LSU Board of Supervisors. The hospitals are operated by the LSU Medical Center under the overall direction, supervision, and management of the LSU Board of Supervisors.

BUDGET SUMMARY

This agency's recommended appropriation does not include any funds for short-term debt.

In addition to the above recommended appropriation, $6,109,522 will be paid in Fiscal Year 1998-1999 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 1998-1999 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 and the Teachers' Retirement System in accordance with the provisions of Article X, Section 29 of the Constitution of Louisiana:

State General Fund (Direct)

 

$  6,329,616

State General Fund by:

 

 

     Interagency Transfers

 

7,164,152

     Fees & Self-gen. Revenues

 

2,015,224

 

 

 

Federal Funds

 

    1,461,575

 

 

 

Total

 

$16,970,586


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