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January 23, 2019
BATON ROUGE – Today, Gov. John Bel Edwards announced his plans to designate more than $350 million in coastal dollars, including $55 million from FY18 surplus dollars to Louisiana’s coastal trust fund. Within those surplus dollars, $15 million will be allocated to effectively restore the funds previously swept by the previous Administration. Gov. Edwards also committed $30 million in surplus to be used to meet the state’s lands-related obligation, allowing the $760 million West Shore Lake Pontchartrain hurricane protection project to move forward. The remaining $10 million will go to increase the footprint of restoration projects already underway.