Overview
- After the city pulled its loan request, the Fiscal Review Committee scrapped its meeting and the State Bond Commission canceled its session on the bond.
- Payroll for nearly 5,000 workers is covered only through Nov. 12, and officials say emergency reserves could extend pay into December if tapped.
- The City Council asked the Louisiana Legislative Auditor to review 2022–2025 finances and enacted spending freezes plus a special, overseen payroll fund.
- Attorney General Liz Murrill and Gov. Jeff Landry backed aid only with a state fiscal administrator; Council Vice President Helena Moreno rejected that condition.
- Leaders are chasing alternative revenue including unspent ARPA dollars, FEMA reimbursements and other receivables, with an emergency Nov. 5 meeting set to seek state help.