Wednesday, February 15, 2023

The City Bailout for Mardi Gras

I am totally confused by the recent monetary proposal made to Mardi Gras crews by Mayor Cantrell. I can't remember the last time that a business model was proposed without knowing its cost. Apparently in a cash-strapped city Cantrell has offered up a blank check, with the City Counsel's blessings. How could this take place without any cost estimate being made accessible to the public?  I can't find the expected cost anywhere in media reportings. It also seems that whatever the cost, the city's coffers should not be used to fund costs beyond its manpower limits. Mardi Gras crews are private entities and the city, based upon its manpower, provides security for these groups.  As was the case last year, proposed parade routes were adjusted based upon these limiting realities.  If changes are desired by crews to go over and above the proposed plan, sound business practice would suggest that any costs associated with such changes be born by the crews rather than the city.  So just how much will this one shot spending cost the city, and could the monies be better spent to make long range lasting improvements for its residents?

And yes, I realize that proponents of the cash offer will point out that Mardi Gras will supposedly add to the economic wellbeing of the city and will provide a good return on the additional money the city spends.  But then again just where is that money that the city earns spent for long range improvements since these are funds over and above its operating budget?  Where is fiscal accountability for all of this in a cash-deficient city?


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