NEW ORLEANS—Tomorrow, Mayor Landrieu, joined by the New Orleans City Council, will remind voters of the proposed rainy day savings fund amendment to the Home Rule Charter, which will be on the ballot Nov. 18, 2017.
The amendment, which is supported by the Bureau of Governmental Research (BGR), the New Orleans Advocate and other organizations, would require the City to establish a rainy day savings fund and set out how appropriations could be made only under certain restrictive and limited conditions and circumstances, including a two-thirds vote of the City Council in a declared emergency, economic downturn or in response to a federal mandate.
WHO: Mayor Mitch Landrieu
Business Council of New Orleans
WHAT: Rainy Day Savings Fund Charter Amendment on the Nov. 18 Ballot
WHEN: Thursday, Nov. 9, 2017
WHERE: Mayor’s Press Room
1300 Perdido Street
New Orleans, LA 70112