APPEL: Is New Orleans Mortgaging Its Future? It Depends On Your Level Of Faith In Current Leadership.
The City of New Orleans wants to monetize a cashflow stream of lease payments in order to refund a...
City Hall Plays High Stakes: New Orleans Cashes In Caesars Rent To Refill Rainy-Day Fund
New Orleans officials are getting ready to trade nearly nine years of Caesars casino lease payments for a lump...
New Orleans plan to sell casino lease payments needs guardrails, report says
(The Center Square) — New Orleans’ proposed deal to raise more than $100 million by selling rights to future...
$100M sale of Caesars leases is good, but New Orleans must protect its reserves, BGR says
New Orleans has raided its reserve fund too often, and before city officials boost the fund by $103 million,...
City Hall Snags $16 Million Lifeline From New Orleans Assessor
New Orleans city officials are using a short-term cash swap with the Orleans Parish Assessor’s Office to pump roughly...
State auditor estimates city’s 2025 deficit will be $160 million
The city of New Orleans’ budget deficit for this year will be significantly larger than estimates previously provided by...
Moody’s credit downgrades New Orleans’ rating due to frequent use of emergency funds
A major credit rating agency slapped the city this week with a credit downgrade, citing risky financial management practices,...
New Orleans City Council to ask state auditor to review budget deficit as confusion grows
The New Orleans City Council is planning to ask the state’s top auditor to examine the city’s finances and...
How short is the New Orleans budget? Depends who you ask.
As New Orleans Mayor LaToya Cantrell’s administration prepares measures to address the city’s budget deficit, there is confusion over...
