City of Winfield officials are still working to lower energy costs accrued during several days of record-breaking cold in February, even as state aid becomes available to assist municipal energy providers. Senate Bill 88, passed by both legislative chambers on Wednesday and signed into law later that day by Kansas Gov. Laura Kelly, establishes a $100 million low-interest loan program to help municipal utility providers facing high bills after last month’s record-breaking cold snap. The loan program will be administered by the Kansas State Treasurer’s Office using Pooled Money Investment Board (PMIB) funds. “This loan program was absolutely necessary for our cities to manage the surging utility costs,” Kelly said in a press release. “It gives cities the immediate relief they need to avoid dire financial decisions while we pursue other, long-term solutions.”
Source: The Arkansas City Traveler
