 She lost in 1991 to current mayor Joe Gannon, then a political newcomer. Moran was elected at a time when Bridgeport struggled with a $50 million deficit. Moran and Bridgeport became the subject of national attention in 1991 when she tried unsuccessfully to resolve the city's financial issues by declaring bankruptcy. Both Busey and Gannon say she served Bridgeport with honor and did her best to move the city forward.