Agenda Item
Docket No. 20-422
Advisory opinion as to whether the members of the Infrastructure Advisory Board are required to file annual personal financial disclosure statements pursuant to La. R.S. 42:1124.2.1.
On August 6, 2019, New Orleans City Mayor LaToya Cantrell issued Executive Order IC 19-C2 establishing the Infrastructure Advisory Board ("IAB"). The IAB was created to review spending of funds deposited into the Infrastructure Maintenance Fund provided for by a Cooperative Endeavor Agreement between the City of New Orleans and the New Orleans Sewerage and Water Board; to provide quarterly reports to the Mayor and Sewerage and Water Board on the IAB's activities; to make recommendations to the Mayor, Governor, the City Council, and the Legislature regarding identifying improvements or reforms necessary to ensure the Sewerage and Water Board is a high performing utility; and, to facilitate meaningful discussions within the IAB. Any recommendations made regarding the expenditure of funds is advisory only, and no entity is required to follow the recommendations of the IAB.
La. R.S. 42:1124.2.1 requires financial disclosure for each member and designee of a board or commission which has the authority to expend, disburse or invest $10,000 or more of funds in a fiscal year on or before May 15th of each year during which the person holds office and the year following termination of the holding of such office.

In Board Docket No. 2009-575, the Board determined a board that only had the authority to make recommendations on spending funds, which recommendations were not required to be followed, did not have the requisite spending authority to require filing annual PFDs.

Adopt proposed advisory opinion.
Assigned Attorney: Tracy Barker
2020-422 Draft Opinion (2)
2020-422 - Advisory Opinion Request Paul Flower
2009-575 AO