As part of the Legislative Auditor's mission of accountability and transparency, we have begun posting a list of "fiscally distressed municipalities" on our website. The municipalities included on this list are those municipalities that may not be able to continue to provide basic services (utilities, police protection, etc.) to residents in the near future.
When determining the composition of the list, we analyzed each municipality's most recent financial information, as well as financial trends compared to other municipalities. We also considered additional factors, including:
Our goal is to work with each municipality's elected officials and provide recommendations to place the municipality on a path to fiscal stability.
The list above is different from the Legislative Auditor's noncompliance list. The noncompliance list includes those local governments which have not submitted a required financial report to our office by the statutory deadline or which received a disclaimer rather than an audit opinion. The noncompliance list can be found at lla.la.gov/reports-data/non-compliance/