With a massive budget deficit hanging over the city, the Cantrell administration is being widely criticized for not sounding the alarm and alerting the council or public about a $160 million hole.
As recently as last July, Mayor LaToya Cantrell was claiming the city had money.
“He and other city leaders helped maintain a financial position, bond rating, a reserve,” Cantrell said on July 30, when Chief Administrative Officer Gilbert Montano stepped down…