City cuts ties with financial advisor; Mayor says fight not over - KSLA News 12 Shreveport, Louisiana News Weather & Sports

City cuts ties with financial advisor; Mayor says fight not over

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SHREVEPORT, LA (KSLA) -

The Shreveport City Council voted 6-to-1 Friday to cut ties with current financial advisor Calvin Grigsby, but Mayor Cedric Glover says the debate is far from over.

Shreveport City Councilman Oliver Jenkins told KSLA News 12 that "The ball is now in the mayor's court." But Jenkins said one thing is for sure: Grigsby won't be the city's financial advisor in the future. "No, as it currently stands he cannot. He can't because Calvin Grigsby owes the city $53,000 and as such by the charter you cannot do business with somebody that owes the city money."

Jenkins is referring to Grigsby allegedly over-billing the city $53,000. That dispute is now before an arbitrator. After the meeting, Mayor Glover promised to keep fighting for Grigsby to stay on as the city's financial advisor. The mayor said he will work on changing the minds of council members.

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