New Orleans Mayor LaToya Cantrell speaks to Gov. Jeff Landry at a news conference Sept. 13, 2024, on the recovery from Hurricane Francine at Signature Aviation in Kenner. (Greg LaRose/Louisiana Illuminator)
NEW ORLEANS – The state of Louisiana has begun the process for a potential takeover of the city of New Orleans’ finances. The news came Tuesday in an agenda posted for a meeting of the state’s Fiscal Review Committee.
The little-known entity is responsible for reviewing and, on occasion, intervening in the financial stability of cities and parishes through the appointment of fiscal administrators, officials empowered to formulate local budgets, hire and fire personnel and approve contracts unilaterally, without the consent of elected officials…