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Board of Liquidation, City Debt

Contact Information

Phone:	504.658.1410
Website:	https://www.boardofliquidation.com/
Board address:	City Hall 1300 Perdido Street  Room 8E17 New Orleans, LA 70112

Purpose

The Board of Liquidation, City Debt has the power to issue bonds in any manner permitted by state or municipal law and the City Charter and to manage its affairs, under the City Charter on behalf of the City of New Orleans, in accordance with the provisions of applicable state or municipal law. 

Composition

Nine members.

• The Mayor;
• Two councilmembers at-large; and
• The Mayor appoints six members with the approval of the City Council from a list of names submitted jointly by a committee consisting of the President of the Board of Liquidation, who shall chair the committee, and the Presidents or Chancellors of Dillard University, Loyola University, Southern University of New Orleans, Tulane University, the University of New Orleans, and Xavier University.

 

Current Composition:

Appointed By/Elected Official on Board	First Name	Last Name	Term Expires
The Mayor	LaToya	Cantrell	Ex-Officio
Councilmember At-Large	Helena	Moreno	Ex-Officio
Councilmember At-Large	JP	Morrell	Ex-Officio
Appointed by Mayor with the approval of the Council from a list of names by nominating committee	Carol Ahn	Markowitz	12/31/2023
Appointed by Mayor with the approval of the Council from a list of names by nominating committee	Lynes “Poco”	Sloss	12/31/2027
Appointed by Mayor with the approval of the Council from a list of names by nominating committee	Ralph	Johnson	12/31/2033
Appointed by Mayor with the approval of the Council from a list of names by nominating committee	Todd	McDonald	12/31/2031
Appointed by Mayor with the approval of the Council from a list of names by nominating committee	VACANT	VACANT	12/31/2025
Appointed by Mayor with the approval of the Council from a list of names by nominating committee	Julius	Kimbrough, Jr	12/31/2029

Term Length

Twelve years; Terms are staggered so that one membership term expires every other year. Ex-officio members serve terms concurrent with time in respective office.

(Created by: La. R.S. 33:4103; City Charter Sec. 5-101, et seq.)