Mayor-elect Helena Moreno and members of the City Council are close to sealing a deal that would allow New Orleans to sell $125 million in emergency bonds to ease the city’s cashflow crisis without ...

New Orleans City Councilmembers expect millions in bonds by the end of the week. Money is anticipated to get to City Hall by ...

The city of New Orleans has received critical bond money to help pay city employees. According to New Orleans City Council ...

The State Bond Commission has approved the City of New Orleans’ request to sell $125 million in bonds to help cover payroll ...

Waguespack recently concluded that New Orleans has a $160 million budget deficit. Amid the fiscal crisis, the city is seeking approval to sell $125 million in emergency bonds that would serve as a ...

NEW ORLEANS (WVUE) - The New Orleans City Council voted Wednesday (Nov. 19) to approve a bond sale expected to avert threatened layoffs. But next year, they may have to do it all over again. That’s ...

“The city of New Orleans, both the administration and this council, are going to move forward without the $125 million on the table, and we are going to make cuts and adjustments to the budget ...

New Orleans on Wednesday withdrew its request for help paying its bills after it became clear the city would need to hand over control of its finances to the state. The city had sought $125 million in ...

A push by top state officials that could have led to a takeover of the city of New Orleans’ finances has stalled after city leaders on Wednesday withdrew a request to borrow $125 million to address a ...