NEW ORLEANS —
New Orleans City Councilmembers expect millions in bonds by the end of the week. Money is anticipated to get to City Hall by Friday morning.
That's after the New Orleans City Council passed a resolution at a special meeting Wednesday officially accepting the $125 million loan from JPMorgan Chase to help cover payroll. Advertisement
It comes as these Wednesday morning meetings will now happen weekly, with the legislative auditor now embedded in City Hall and signing off on expenditures.
That's why council members are sending a reminder for departments to have their payroll documents ready and submitted.
All this comes as the Council is less than two weeks out from needing to approve next year's budget.

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