On the eve of a key meeting in Baton Rouge that could determine whether New Orleans can secure a $125 million short-term loan to keep its operations funded, the city’s cash crunch is starting to affect its ability to pay for basic services.
The city is past due on a roughly $3.2 million invoice from IV Waste for September trash pickup, owner Sidney Torres IV confirmed on Tuesday.
And officials appearing before the City Council on Tuesday warned that delayed payments from the city could force New Orleans’ senior centers to cut back on services — or even shutter their doors — through the end of the year…