New Orleans' 2025 Deficit Estimate
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 is facing 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 $160M deficit in 2025.