NEW ORLEANS (WGNO) — On Wednesday, the New Orleans City Council will meet with various state leaders to try and secure a $125 million bond from the state in order to cover payroll for the rest of the year.

Last week, the council pulled the request after Attorney General Liz Murrill said the city must hire a fiscal administrator to handle its finances.

"We want to talk to the state. We understand they have concerns about how we got here and what needs to happen in the future. We want to help address those concerns, but I think the fiscal administrator is just off the table for us,” said Councilman Joe Giarusso.

Giarrusso believes meeting face to face with state leaders will allow them the opportunity to show the guardrails they've put in place to prevent future deficits. "All of us being

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