Connect with us

News from the South - Louisiana News Feed

Louisiana faces rising long-term pension liability burden | Louisiana

Published

on

www.thecentersquare.com – By Nolan McKendry | The Center Square – 2024-12-02 13:44:00

SUMMARY: In fiscal 2023, Louisiana’s long-term liabilities rose to $17.2 billion, equal to 6.4% of personal income, indicating a growing financial burden on residents. Adjusted net pension liabilities increased to $9.4 billion or 3.5% of personal income, while direct state debt slightly decreased to $7.8 billion (2.9% of personal income). The state’s pension systems faced challenges due to weaker asset values and declining funding ratios. Legal barriers complicate the management of pension obligations, and despite the rise in liabilities, Louisiana maintains a stable direct debt profile. The AA- issuer default rating reflects its ability to handle fiscal pressures, albeit with ongoing pension challenges.

Read the full article

The post Louisiana faces rising long-term pension liability burden | Louisiana appeared first on www.thecentersquare.com

News from the South - Louisiana News Feed

New Orleans Weather: Warming up through Wednesday with a few showers

Published

on

www.youtube.com – WWLTV – 2025-03-17 14:12:54

SUMMARY: New Orleans weather is warming up through Wednesday, with temperatures rising from the 60s to around 80°F by then. Currently, it’s sunny with a refreshing north wind, perfect for outdoor activities like the Downtown Irish Club parade. Tonight’s temperatures will dip to the 50s on the Southshore and middle 40s Northshore. A few showers may occur Wednesday, but most of the rain is expected Sunday night into Monday, possibly bringing up to an inch of rain. Overall, the 7-day forecast looks pleasant with highs in the upper 60s to 70s and no major storms predicted for the weekend.

YouTube video

Meteorologist Alexandra Cranford shows pleasant weather ahead for much of the week. Forecast from Monday, March 17, 2025 at noon

Source

Continue Reading

News from the South - Louisiana News Feed

Area of low-pressure in the tropics is unlikely to develop

Published

on

www.youtube.com – WDSU News – 2025-03-17 13:58:32

SUMMARY: A low-pressure system in the subtropical central Atlantic is unlikely to develop, with only a 10% chance over the next week due to unfavorable conditions. In Southeast Louisiana, a high-pressure system is bringing dry air and mild temperatures, around 65°F. The forecast for today includes sunny skies and temperatures reaching the lower 70s. Tonight, lows will drop into the 40s and 50s. The rest of the week will see temperatures warm into the mid to upper 70s, with a cold front expected Thursday. Expect a mix of clouds and sunshine, with a slight chance of showers on Wednesday.

YouTube video

There is a non-tropical area of low pressure located about 700 miles northeast of the northern Leeward Islands, according to the …

Source

Continue Reading

News from the South - Louisiana News Feed

Morning Forecast – Monday, March 17th

Published

on

www.youtube.com – KTVE – 2025-03-17 08:24:27

SUMMARY: On Monday, March 17th, temperatures start cold in the lower 40s, dropping to the upper 30s in some areas. However, bright sunny conditions will lead to a warm-up into the mid-70s by afternoon. Calm winds will shift as high pressure moves southeast, increasing to 5-10 mph later today and 15-20 mph by Tuesday. Expect milder evening lows around 50°F. Cloud cover and possible light showers may develop by Wednesday with a frontal boundary approaching. Temperatures will drop to the 60s later in the week but rebound to near 80°F by next weekend. Enjoy today’s pleasant weather!

YouTube video

High pressure has settled in helping to keep conditions clear and pleasant to kick off this Monday. An upper level low will track across Kansas helping to build a pressure gradient between the high pressure near the gulf coast. This will help to increase winds through tomorrow becoming breezy. A frontal system will arrive on Wednesday sparking up some clouds and a few patchy showers. A t-storm will be possible as well. Then we cool down late week to the lower 60’s for highs with mostly clear conditions. Our next best chance of rain and thunderstorms will come late weekend next Sunday with warming temperatures near lower 80’s.

Source

Continue Reading

Trending