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The City of New Orleans

Mayor Mitchell J. Landrieu

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Mayor Landrieu to Remind Voters of Rainy Day Savings Fund Charter Amendment on the Ballot

November 08, 2017

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

                        City Councilmembers

                        Business Council of New Orleans

WHAT:            Rainy Day Savings Fund Charter Amendment on the Nov. 18 Ballot

WHEN:            Thursday, Nov. 9, 2017

                        2 p.m.

WHERE:         Mayor’s Press Room

                        City Hall

                        1300 Perdido Street

                        New Orleans, LA 70112

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Last updated: 11/9/2017 12:03:29 PM

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