State Intervention in New Orleans Finances Possible
NEW ORLEANS – A city budget hearing became briefly contentious Tuesday as the possibility of state involvement in New Orleans’ finances arose.
“We need to tell them to mind their damn business,” stated District E Councilmember Oliver Thomas.
On Tuesday, Governor Jeff Landry posted on X, calling on State Treasurer John fleming, Attorney General Liz Murrill, and Legislative Auditor Mike Waguespack to “convene an emergency meeting of the Fiscal review Committee. They must utilize all necessary measures to thoroughly review the city’s fiscal affairs and, if deemed necessary, appoint a fiscal administrator.”
The meeting is scheduled for Wednesday,October 29th,at 4:30 p.m. (https://legis.la.gov/archive/2025/5934.pdf).
A fiscal administrator would possess significant authority over the city’s operations. According to state law (https://legis.la.gov/Legis/Law.aspx?d=95840), they would have the authority to “amend, formulate,