‘It’s a last resort’: Cantrell administration makes case for opening $100 million line of credit
Administration officials give the City Council more details of potential losses and how it may deal with them.
Category
Government & Politics
City predicts at least $137M revenue shortfall from coronavirus closures
No decisions yet on worker furloughs, layoffs.
New Orleans eviction moratorium extended to end of Governor’s stay at home order
The moratorium was extended from May 4 to at least May 18.
Mayor Cantrell to ask to borrow $100 million to cover anticipated budget gap from coronavirus crisis
Council members say few details yet available on how the debt would be repaid.
No answers yet on when New Orleans evictions may resume
An eviction moratorium is set to expire on May 4, more than a week before a statewide stay at home order expires. The city’s eviction courts say they’re waiting on guidance from state Supreme Court before announcing an extension.
Convention Center puts hotel development on hold and donates $1 million for coronavirus relief, but fails to satisfy local coalition
A new annual audit gives more clues to how much money the Convention Center really has to spend.
Convention Center to consider $1 million donation to worker relief aid at Wednesday meeting after demands for $100 million
Coalition of unions, advocates plans to continue pressure campaign for greater relief
City tries to get in line with new federal leave policies
A Cantrell Administration memo from last week includes similar guidelines for employee leave, following rules set out by new federal law.
Major labor union threatens to cancel convention in New Orleans if Convention Center doesn’t address local workers’ demands for relief
A local pressure campaign to force the Ernest N. Morial New Orleans Convention Center to use its reserve funds for coronavirus worker relief funding is starting to affect the center’s business.
Louisiana facing highly inflated prices for medical masks
High demand during the coronavirus crisis has caused prices to rise as much as 14 times the usual cost.
