New Orleans' 2025 Deficit Estimated at $160M
The city of New Orleans' budget deficit for 2025 is expected to be significantly larger than previously estimated.
According to Mike Waguespack, the state's top auditor, the city faces a $160 million deficit for the 2025 budget year.
- Previous estimates from the New Orleans City Council and the Bureau of Governmental Research were around $103 million.
The city is staring down a $160 million deficit for the 2025 budget year.
Author's summary: New Orleans faces a large budget deficit.
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