Administration of fund.
New Orleans City Code § 70-415.286
in effectSec. 70-415.286. - Administration of fund.
The council fiscal office shall monitor all payment requests to ensure compliance with council's approved uses of said funds and/or spending plan. Release of funds shall only occur when compliance is met as determined, in writing, by the council fiscal office, which may be further detailed in any subsequent CEA. The fund shall be administered by the director of the department of finance, as required by section 6-201 of the Charter, and shall be kept in an interest bearing account with interest accruing to the benefit of and to become part of the fund.
(M.C.S., Ord. No. 28032, § 1, 3-14-19)
Source: City of New Orleans, Code of Ordinances and Home Rule Charter (Municode Library, library.municode.com)URL: https://library.municode.com/la/new_orleans/codes/code_of_ordinances?nodeId=PTIICO_CH70FI_ARTIIIFU_DIV43ENPESEFU_S70-415.286ADFUFetched: 10/28/2026