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New Orleans may run out of money soon

Posted on 8/4/26 at 3:49 pm
Posted by Major Dutch Schaefer
Location: Classified
Member since Nov 2011
39949 posts
Posted on 8/4/26 at 3:49 pm
LINK

quote:

Mayor Helena Moreno’s administration is scrambling to replenish New Orleans’ bank account just weeks before it would otherwise run dry.

City officials want to delay $35 million in infrastructure projects and use reimbursements and rainy day funds to plug a $110 million cash hole created in July when Moreno backed away from a plan to sell city bonds amid pushback from state officials.

Without those measures, the city could blow through the remaining $39 million it has on hand as early as August 25, according to Chief Administrative Officer Joe Giarrusso.

The council is expected to vote on the first step of the plan — shifting capital bond funds to the city’s general fund — on Thursday. According to the plan, an array of road work, greenspace, and city-owned building improvements would see funding cuts.
Posted by ChatGPT of LA
Member since Mar 2023
8077 posts
Posted on 8/4/26 at 3:51 pm to
Just a complete shithole. Once a great place....now a chocolate disaster
Posted by KCT
Psalm 23:5
Member since Feb 2010
52106 posts
Posted on 8/4/26 at 4:00 pm to
quote:

New Orleans may run out of money soon


New Orleans is a perfect example of what happens when too many stupid people are congregated in the same place.
Posted by prplngldtigr
just up da bayou from down
Member since Dec 2004
8388 posts
Posted on 8/4/26 at 4:00 pm to
Chocolate melts eventually…hahahaha


Is there one dem city that operates without always being broke and needing more theft of taxpayers?

What’s improved in New Orleans the last decade or two or three?
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
38906 posts
Posted on 8/4/26 at 4:00 pm to
Still don't know why Landry is playing this game with Moreno and preventing her from issuing bonds.

So the Governor wants to ensure that the place becomes a shithole
Posted by IndianPower
Louisiana
Member since May 2021
2415 posts
Posted on 8/4/26 at 4:01 pm to
May run out of money?

Thats funny af.
Posted by prplngldtigr
just up da bayou from down
Member since Dec 2004
8388 posts
Posted on 8/4/26 at 4:01 pm to
Becomes?

Hahahahahaha
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
38906 posts
Posted on 8/4/26 at 4:02 pm to
What paradise do you live in
Posted by Red Stick Rambler
https://i.imgur.com/2j5cbGm.jpg
Member since Jun 2011
2725 posts
Posted on 8/4/26 at 4:02 pm to
I'm not commenting until 4Cubbies explains what this means....
Posted by Diamondawg
Mississippi
Member since Oct 2006
39792 posts
Posted on 8/4/26 at 4:03 pm to
quote:

So the Governor wants to ensure that the place becomes a shithole
That ship has sailed for most of the city.
Posted by ChatGPT of LA
Member since Mar 2023
8077 posts
Posted on 8/4/26 at 4:06 pm to
quote:

What’s improved in New Orleans the last decade or two or three?


I think the money they are trying to rob from is Katrina funds from 20+ years ago that still isnt spent!!
Posted by Sweep Da Leg
Member since Sep 2013
4758 posts
Posted on 8/4/26 at 4:08 pm to
We ran out a longgggg time ago
Posted by Sweep Da Leg
Member since Sep 2013
4758 posts
Posted on 8/4/26 at 4:10 pm to
quote:

from a plan to sell city bonds


Who in the world would ever buy bonds from nola?
Posted by Uncommon Idea
Member since Feb 2025
462 posts
Posted on 8/4/26 at 4:12 pm to
Good thing they haven't done anything to potentially anger the state government recently . . .
Posted by RT1941
Member since May 2007
32428 posts
Posted on 8/4/26 at 4:12 pm to
Teedy is laughing her skanky black arse off right now.
Posted by Sweep Da Leg
Member since Sep 2013
4758 posts
Posted on 8/4/26 at 4:13 pm to
quote:

I think the money they are trying to rob from is Katrina funds from 20+ years ago that still isnt spent!!


Really?

I still remember how they got some ridiculous amount after Katrina to put in new pumps and instead the SWB sat on the money and continue to as we have ancient pumps that need replacement parts to be fabricated because they’ve been discontinued decades ago
Posted by teke184
Zachary, LA
Member since Jan 2007
105394 posts
Posted on 8/4/26 at 4:13 pm to
quote:

Good thing they haven't done anything to potentially anger the state government recently . . .


FA was achieved, they are about to FO.
Posted by hillcountrytigah
Member since Nov 2025
175 posts
Posted on 8/4/26 at 4:14 pm to
quote:

New Orleans may run out of money soon


say it aint so
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41867 posts
Posted on 8/4/26 at 4:14 pm to
We started the year with a 200 million hole.

Down to 110 is good progress.

Destroya should be in jail
Posted by Sweep Da Leg
Member since Sep 2013
4758 posts
Posted on 8/4/26 at 4:14 pm to
quote:

Teedy is laughing her skanky black arse off right now


Probably right but she’s being used as a scapegoat when landrieu and plenty of mayors before did worse than her and were twice as corrupt. They just sounded better while doing it.

She wasn’t smart enough to steal as much money as the others.
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