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This profile was last updated on 7/14/12  and contains information from public web pages.
 
Background

Employment History

  • Board of Regents
17 Total References
Web References
Vic Stelly of Moss Bluff ...
www.americanpress.com, 14 July 2012 [cached]
Vic Stelly of Moss Bluff resigned from the Board of Regents six months before his six-year term would have been over. He, too, decried the continuous cuts to higher education institutions.
"I'm tired of the lack of concern with higher education in Louisiana," Stelly said.
Former state Representative Vic ...
www.americanpress.com, 14 June 2012 [cached]
Former state Representative Vic Stelly said Wednesday he is stepping down from the state Board of Regents on Friday because he is "disillusioned and disappointed at the direction" higher education is going throughout the state.
"Higher ed budgeting from the state has gone down almost $500 million since 2008," he said. "It's just taken a nosedive. Something has got to change in Louisiana."
Stelly is leaving the board six months before his term was supposed to end Dec. 31. He was appointed by then-Gov.
...
Stelly said higher education is "not a high priority" for Gov.
...
Stelly said the high point came in 2008, when the state's higher education funding level reached the national average of the southern states for the first time in 25 years. Since then, he said, the board has dealt with annual budget cuts, including a $25 million reduction one month before the end of the current fiscal year.
"That's almost impossible," Stelly said. "But then, we've already been told to get ready for the mid-year budget cut next year."
He said he was not pleased with comments from state Commissioner of Higher Education Dr. Jim Purcell that the cuts could have been worse.
"How many times do we say that," Stelly asked. "Is there any light at the end of the tunnel? I say there isn't."
Stelly said that "perception is reality" when it comes to claims that the state has too many universities. A study he did comparing Louisiana with other southern states showed similar numbers.
"We're in the ballpark," Stelly said. "Why is less necessarily better? If that was the case, let's close every school in Louisiana (and) build one gigantic school right in the middle of the state."
Stelly said the state's universities are raising tuition to make up for the cuts. He said McNeese has raised its annual tuition by 10 percent over the last three years.
One of Stelly's "pet peeves" is how the nation counts its college graduates. This spring, 770 students graduated from McNeese, but only 330 were counted. Only students who start and finish a university within six years are counted as graduates, he said.
"(If) you start McNeese and transfer to another school or drop out to go to work, you don't count," he said. "It's misleading when you say the graduation rate at McNeese is only 40 percent."
Stelly said he is leaving the board "on his own terms.
...
"Government should provide for the education of our citizens," Stelly said.
As a private citizen, Jindal voted ...
politrickin.org, 18 Mar 2012 [cached]
As a private citizen, Jindal voted for the "Stelly Tax plan", a referendum named for former state Representative Vic Stelly of Lake Charles, which swapped some sales taxes for higher income taxes.
Stelly: Dismantling of Stelly ...
www.thenewsstar.com [cached]
Stelly: Dismantling of Stelly plan brought budget woes
...
Vic Stelly of Lake Charles.
Stelly, guest speaker at the Press Club of Baton Rouge Monday, said since 2008 when lawmakers started picking apart the tax plan, the state has lost more than $2 billion - all from the more wealthy residents of the state.
Repealing the plan "started us downhill," Stelly said.
...
Stelly said that what many people forget is that a part of the plan repealed sales taxes on food purchased for home consumption, utilities and prescription drugs. That tax break offset much of the plan's increase.
The plan was promoted as being revenue neutral in the first year but growing in the future as taxpayers' incomes grew. In the first year, the state lost $14 million in revenue, the second year revenue broke even with the year before the plan started, and the third year showed growth, as incomes rose.
Passing a revenue-producing measure now would be nearly impossible, Stelly said.
...
Stelly said he's glad he's not in the Legislature because "it's gotten so partisan, it sickens me. I can't stand Democrats or Republicans" - and he has been both in his career. Before leaving the Legislature in 2007, he dropped all party affiliation.
Asked how he would propose fixing the budget problems, he said, "We've got to do something about corporate tax exemptions. We're giving away the store. We were collecting $900 million at one time. Next year we might be at a minus" because of rebates promised to business for locating here.
Stelly said he agrees with a legislative move to review all the tax breaks that the state gives and to consider repealing the ones that are not beneficial.
He cited one in which a company paid $100,000 in local property taxes but the state reimbursed the company $100,000.
Stelly resigned last month after serving on the Board of Regents since 2007.
"I was so discouraged at what's happening in higher education," he said. Universities have been cut $360 million in the past few years, "$25 million in one month and another $66 million coming down the road."
Another reason is that he had only six months left on his appointed term on the board and he wanted to go out on his own terms.
He said higher education officials can't speak their minds about the seriousness of the problems campuses face without fear of consequences.
...
Stelly: Dismantling of Stelly plan brought budget woes
Stelly: No easy fix to budget ...
www.shreveporttimes.com [cached]
Stelly: No easy fix to budget problems
...
Vic Stelly of Lake Charles.
Stelly, guest speaker at the Press Club of Baton Rouge today, said that since 2008 when lawmakers started picking apart the tax plan, the state has lost more than $2 billion - all from the more wealthy residents of the state.
Repealing the plan "started us downhill," Stelly said.
...
Stelly said that what many people forget is that a part of the plan repealed sales taxes on food purchased for home consumption, utilities and prescription drugs. That tax break offset much of the plan's increase.
...
Passing a revenue-producing measure now would be nearly impossible, Stelly said. He points to Gov.
...
Stelly said he's glad he's not in the Legislature because "It's gotten so partisan, it sickens me. I can't stand Democrats or Republicans" - and he has been both in his career. Before leaving the Legislature in 2007, he dropped all party affiliation.
Asked how he would propose fixing the budget problems, he said "We've got to do something about corporate tax exemptions. We're giving away the store. We were collecting $900 million at one time. Next year we might be at a minus" because of rebates promised to business for locating here.
Stelly said he agrees with a legislative move to review all the tax breaks that the state gives and to consider repealing the ones that are not beneficial.
He cited one in which a company paid $100,000 in local property taxes but the state reimbursed the company $100,000.
After serving on the Board of Regents since 2007, Stelly resigned last month. "I was so discouraged at what's happening in higher education," he said. Universities have been cut $360 million in the past few years, "$25 million in one month and another $66 million coming down the road."
Another reason is that he had only six months left on his appointed term on the board and he wanted to go out on his own terms.
He said higher education officials can't speak their minds about the seriousness of the problems campuses face without fear of consequences.
...
Stelly: No easy fix to budget problems
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