News from the South - Louisiana News Feed
Some bond ratings for Shreveport hit with a downgrade | Louisiana
SUMMARY: Shreveport’s bond ratings have been updated, with Moody’s downgrading the city’s general obligation unlimited tax and senior lien revenue ratings from Baa1 to Baa2, while the junior lien revenue ratings dropped from Baa2 to Baa3. Standard & Poors maintained a BBB+ rating with a stable outlook. The downgrade reflects significant declines in fund balance reserves and increased long-term liabilities due to capital needs for water and sewer systems. The city’s cash reserves fell to 32%, while long-term liabilities reached approximately 444% of fiscal 2023 revenue. Despite challenges, Shreveport has a stable tax base supported by its universities and Barksdale Air Force Base.
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News from the South - Louisiana News Feed
Turkey frying safety tips
SUMMARY: In Southeast Louisiana, fried turkeys are a Thanksgiving tradition, but safety is crucial. To ensure a safe deep-frying experience, it’s important to use a completely thawed turkey to avoid oil splattering, which can lead to fires. A general guideline for thawing is one day for every 4 to 5 pounds of turkey; for instance, a 16-pound turkey requires four days to fully thaw. Additionally, always turn off the fryer before lowering the turkey and never leave it unattended during the cooking process.
Fried turkey’s are a longtime staple on thanksgiving tables- especially here in Louisiana.
News from the South - Louisiana News Feed
Governor Landry awards nearly $1.4 billion for broadband
SUMMARY: Governor Jeff Landry has announced a significant investment of nearly $1.4 billion to enhance Broadband connectivity across Louisiana. This funding is part of the Broadband Equity Access Deployment Program and aims to expand fiber optic infrastructure to approximately 140,000 locations, benefiting 100,000 households, 35,000 small businesses, and 4,000 community institutions like schools and hospitals. Two local companies, Swift Fiber and Rev, will receive $450 million to support this initiative, which includes building predominantly underground lines for increased resilience against hurricanes and storms. The project is expected to create 8,000 to 10,000 new jobs in the state.
Governor Landry awards nearly $1.4 billion for broadband
News from the South - Louisiana News Feed
El Dorado Police Department finds a suspect wanted for terroristic threat
SUMMARY: An elderly man in El Dorado has been charged with terroristic threatening after allegedly threatening a neighbor’s life. Police responded to the incident on North Parkway Drive, where the victim reported that the suspect threatened to shoot her. When officers attempted to engage with the suspect, residents were uncooperative. Tensions escalated, leading the police to deploy tear gas to evacuate the home for safety, despite the suspect being absent. Community members expressed outrage over police treatment, citing racially biased practices and damage done during the incident. The suspect, Steven Willis, was arrested later and charged accordingly.
El Dorado Police Department finds a suspect wanted for terroristic threat
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