News roundup: Martin says implications of session for LSU unclear … 'Times-Picayune' urges re-evaluation of plan for coast … Albemarle names new vice president
Bracing for cuts: The Louisiana Legislature wrapped up its session Monday, but the implications for LSU "may not be completely known for a few weeks," says outgoing LSU Chancellor Mike Martin. "What we know of the budget now is very serious," Martin says in an email to students, faculty and staff. Higher education will sustain a $25 million cut this fiscal year, of which LSU's share is an estimated $4 million. Martin says LSU will have "cuts and reallocations" for fiscal year 2012-13, although he doesn't say what those changes might be. "As we work through the budget in the coming weeks, we will work closely with the campus to do what it in the best interests of the future of LSU," he says. The LSU System sustained a cut of about $28.1 million in state support for next year.
Washing away: Louisiana coastal officials want to talk to the U.S. Army Corps of Engineers about changes to the Louisiana Coastal Area Restoration Plan, and this is the right time to re-evaluate the program, says the editorial board of The Times-Picayune. State officials have long been concerned about the program's lengthy and costly planning and design process, and they think that some projects could be built more quickly and with a lower cost. To read the editorial, click here.
Inside promotion: Albemarle Corp. on Monday announced the promotion of Amy Motto to vice president, effective June 11. In her new role, Motto will lead Albemarle's global Catalysts business unit and be responsible for the business unit's financial performance, as well as developing and implementing long-term strategy. Motto joined Albemarle in 1995 after completing a B.S. in chemical engineering at the Georgia Institute of Technology. For more information, click here.
Today's poll question: How would you grade state legislators on their performance in the recent legislative session?
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