The Louisiana Bond Commission has given the green light for the sale of bonds to help New Orleans cover its looming budget shortfall. Longtime political analyst Clancy DuBos says it’s not just a financial win, but a political one for Mayor-elect Helena Moreno.
“This was Helena Moreno’s first real test in working with state leaders, and she showed exactly the kind of leadership her office will bring,” DuBos said. “It’s a very hopeful sign for the relationship between the City of New Orleans and the State of Louisiana.”
DuBos says the state–city relationship had already improved over time, but Moreno’s approach has elevated it even further.
“Her style and the relationships she’s built over the years will directly benefit New Orleans,” he said. “It’s going to make the city a stronger contributor to the state as a whole.”
He also drew a contrast between Moreno’s leadership style and that of outgoing Mayor LaToya Cantrell.
“Moreno’s approach is cooler, calmer, she’s collaborative and measured, but when the time comes, she can absolutely step up to the plate and put her foot down,” DuBos said.
He pointed to Moreno’s firm stance during negotiations, when she made clear the city would not surrender its autonomy to a state overseer.
“That moment showed both resolve and restraint,” DuBos added.
All told, DuBos calls the bond approval and Moreno’s handling of it a “silver lining” for the Crescent City.
“This is a big win for Mayor-elect Helena Moreno,” he said, “and something New Orleanians can genuinely look forward to as she takes office.”