Overview
- The City Council pulled its request for Bond Commission approval after Attorney General Liz Murrill conditioned the loan on installing a fiscal administrator with no set end date.
- The scheduled Bond Commission vote and a Fiscal Review Committee meeting were canceled, and an emergency meeting with state lawmakers is set for Nov. 5 to seek payroll funding.
- City leaders warned paychecks after Friday are uncertain and said extreme cost controls are being prepared, including halting overtime, potential layoffs and temporary department closures.
- Earlier Wednesday, the council sought a legislative audit of 2022–2025 finances, froze nonessential purchases, proposed an emergency payroll fund and advanced a charter change to limit mayoral transfers.
- Officials continue to confront a roughly $160–$166 million deficit and said they will tap remaining federal dollars and other sources as short-term bridges.