Despite significant reform to the way the city collects fines, taxes and permitting fees, New Orleans collected slightly fewer dollars in the first six months of the year than it did in the same period of 2010. Even so, the city is on track to end the year in the black, Mayor Mitch Landrieu’s top financial officer told the City Council Budget Committee on Thursday.
The City Council voted six to one this morning to hold an extra meeting on Saturday at 10 a.m. in a dash to approve another property tax increase for the city’s 2011 budget, at the behest of Mayor Mitch Landrieu.
With a week to go before the City Council must approve the city’s 2011 budget, New Orleans’ chief economist has revised his revenue estimates to project $1.74 million more going to the city next year than previously thought.
A Lower 9th Ward park touted in August as one of Mayor Mitch Landrieu definite 100 recovery projects is being funded at one-third the level initially promised, a top Landrieu appointee said at a City Council budget hearing Wednesday.