BGR: City Finances Improve But Challenges Remain

By Kelly Hite

October 30, 2026

The Story

The Bureau of Governmental Research (BGR) has released a new report finding that New Orleans has made significant progress toward stabilizing its finances following the 2025 cash crisis. But that progress comes with a warning: The City continues to rely on one-time funding and faces more than $82 million in annual costs without sustainable revenue sources.

BGR’s Role

The report, Balancing Act: Assessing New Orleans’ Progress Toward a Sustainable City Budget, released Oct. 29, examines the City’s efforts to restore financial stability after borrowing $125 million to meet payroll in 2025 and outlines the steps needed to achieve long-term structural balance.

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