Orleans Levee District
Fund Descriptions
General Operating Fund
The General Fund accounts for all operating funds for the daily operations of the Administrative Offices, Field Forces, Law Enforcement and support operations necessary to maintain the Board's level of services for flood protection and public safety.
Special Levee Improvement Projects Fund
The Special Levee Improvement Projects Fund (SLIP) accounts for the capital funds for major maintenance and/or capital improvements of all physical property and plant owned by the Board that is identified as directly related to flood protection. This relates to 129 miles of earthen levees, floodwalls, 190 floodgates, 2 flood control structures, and 100 valves.
General Improvement Fund
The General Improvement Fund accounts for the capital funds for major maintenance or capital improvement of all physical property and plant owned by the Board that is not identified as directly related to flood protection. These projects relate to land reclamation, commercial buildings, improvements (other than buildings), and infrastructure.
Enterprise Funds
Lake Vista Community Center
The Lake Vista Community Center commercially operates with nine leasehold tenants and one hall rental area.
Orleans Marina
The Orleans Marina currently operates with 355 open slips, 66 boathouses, a Harbor Master Office, as well as related marine amenities.
South Shore Harbor
The South Shore Harbor Marina was officially dedicated September 19, 1987. The Marina operates with 447 open slips, 26 cover slips, marina center, fuel dock, and Harbor Master Office as well as related marina amenities. The Belle of Orleans gaming operation is housed at South Shore Harbor and is the principal tenant in the harbor. The annual operations require a subsidy to satisfy the operating shortfall resulting from a substantial debt service requirement on the outstanding Marina Public Improvement bonds.
New Orleans Lakefront Airport
The New Orleans Lakefront Airport commercially operates with 3 fixed base operators, 13 office tenants, and 10 hangar occupants. A hydrocarbon aviation fuel farm facility is used for on-site sales of all aviation fuels at Lakefront Airport. The annual operations require a subsidy to satisfy the operating short-fall resulting from the labor intensive costs of daily operations of Administration, Fire Safety and Maintenance, as well as the reimbursement to the General Fund for an advance used for the early call of the $4,000,000 Fuel Farm Revenue Bonds.
Floodcomm Fund
The Floodcomm Fund accounts for the operations of Floodcomm Corporation, a public benefit corporation created by the levee district to oversee a long-term lease with a private corporation to lay fiber-optic cables on the levees of the Orleans Levee District. No revenues or expenditures have been budgeted to Floodcomm for several years.