SUMMARY: The weather is chilly with temperatures dropping, currently at 54°F, and winds have calmed. The cold front has brought clear skies and low humidity, leading to a chilly night with lows in the 30s to 40s. A light freeze and frost are expected, especially on the North Shore. Tomorrow’s high will be in the mid-50s. The cold air will start to retreat by Friday, with temperatures rising into the 60s and 70s for the weekend. Another cold front is expected by midweek, but no significant temperature drop is expected until Thursday.

Chief Meteorologist Chris Franklin says expect a light freeze on the Northshore tonight, colder Thursday morning and warmer start to the weekend.

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SUMMARY: Lafayette’s sewer capacity has long hindered residential development, but planned upgrades by LUS, including a new pump station, could accommodate 2,000 more units. This will open space for apartment buildings and other high-demand projects in the urban core, including areas like UL Lafayette, Johnston Street, and the Oil Center. Developers will pay capital recovery fees to reserve sewage capacity. The station is a step toward addressing infrastructure shortfalls, which have slowed downtown growth. UL, with dorm overcrowding, is a major stakeholder. While improvements continue, the aging system faces challenges, including private property issues and capacity limitations.

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SUMMARY: The Public Retirement Systems’ Actuarial Committee in Louisiana met to review reports on four state retirement systems. The committee evaluated audits for the State Employees’, Teachers’, School Employees’, and State Police Retirement Systems. All four systems saw increased investments, improving assets and reducing liabilities. The State Employees’ system saw a $1.5 billion increase in net position, with $12 million in annual savings. The Teacher Retirement System’s net position rose by $1.3 billion, while the School Employees’ system saw similar gains. State Police experienced a modest improvement due to changes in member demographics. Legislators’ focus on retirement funds contributed to reduced unfunded liabilities.

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