NEW ORLEANS — The New Orleans City Council has unanimously passed a resolution to apply for a $125 million state bond to help address the It may be a temporary solution to its looming payroll problems.
Mayor-elect Helena Moreno said she will try to organize a meeting with the State Bond Commission as early as next week, as approval is still required. The resolution aims to keep city employees paid amid the cash flow crisis. The measure would act as a bandaid to keep city workers paid through the end of the year.
Most councilmembers agreed to the plan reluctantly, some called it a last resort. While the administration agreed to work with the city's budget chair through the process.
City Council President JP Morrell said the quick fix needs to come with lasting change.
"I encourage the b