info, Author at Ranson Financial Group LLC

Legal sports betting is coming to Kansas

info2022-05-13T07:39:40-05:00May 13th, 2022|

Legal sports gambling is officially coming to Kansas. Democratic Gov. Laura Kelly on Thursday signed a sports wagering bill into law, setting the stage for fans to place bets on teams like the Chiefs, Royals and Jayhawks as soon as this summer. It will also bring in some money to the state government. The Kansas Lottery estimates taxes on legal sports betting would bring in up to $10 million a year by 2025. ... The law comes as dozens of other states had previously made betting on sports legal ever since the U.S. Supreme Court in 2018 struck down a federal [...]

City of Hillsboro prepares to auction off thousands of museum items

info2022-05-13T07:38:35-05:00May 13th, 2022|

From classic cars to unique samples of taxidermy, roughly 2,500 items will be auctioned off at the Marion County Fairgrounds this Saturday, May 14. It's all a part to clear out the city's museums and storage facilities, which city officials say are so full, a number of them have actually become unsafe. "Everything that you see here represents a multiple, in some cases, many multiples of items that we have that are still on display in our museums," Hillsboro Mayor Lou Thurston said. Dozens of volunteers across multiple city departments helped make this weekend's auction possible. Source: KSN-TV

Inman USD-448 bond passes by six votes

info2022-05-13T07:37:14-05:00May 13th, 2022|

Tuesday night, there was no clear winner for the Inman USD-448 bond election. Unofficial results list 377 yes votes and 379 no votes. On Tuesday night, there were still two mail-in ballots that were dropped off at a polling site that needed to be processed and 14 provisional ballots that were investigated before the final count, and results were recorded on Monday, May 9. Mail-in ballots that arrived between May 4 and May 9 and were postmarked by May 3, were counted, bringing the total to 383 yes votes and 380 no votes. ... The final vote count listed 387 yes [...]

Working for Lenexa: assistant city attorney uses life experience from the farm to find solutions at work

info2022-05-13T07:34:26-05:00May 13th, 2022|

Growing up on a family farm in the outskirts of Independence, Mo., Lenexa Assistant City Attorney Steven Shrout learned how to care for animals, work with his hands and find solutions to problems. Summertime meant spending a lot of time outside doing chores like moving hay bales and scooping manure in the barn. ... Watching his dad do the daily chores around the farm ingrained a work ethic that Steven has exercised in other areas of his life. “Having that role model just kind of instills in you that work ethic that maybe some of us might not see or may [...]

Overland Park Police respond to recommendations from state commission, local groups

info2022-05-13T07:32:47-05:00May 13th, 2022|

Overland Park police have already accomplished many of the recommendations from a governor’s commission on racial equity and a citizen civil rights group, and are actively working on others, Deputy Chief Eric Houston told the city council’s Public Safety Committee Wednesday. Houston filled in for Police Chief Frank Donchez to give the department’s response on recommendations from the Kansas Commission on Racial Equity and Justice, as well as an update on five priorities of a Johnson County civil rights group seeking better ways to give feedback on police conduct. Source: Prairie Village Post

Under new sports betting laws, Ruffin poised to reopen Wichita Greyhound Park with historical horse racing

info2022-05-13T07:26:14-05:00May 13th, 2022|

New sports betting legislation that Kansas Gov. Laura Kelly signed into law Thursday is expected to bring historical horse racing, a new form of electronic gambling, to the long-shuttered Wichita Greyhound Park in Park City. "We've been working on it for about a year, and we finally got it done," said track owner and Las Vegas casino magnate Phil Ruffin. Source: Wichita Business Journal

Fuel prices forcing Lyon County to cut maintenance

info2022-05-13T07:22:57-05:00May 13th, 2022|

Everyone seems to be pinching pennies, or maybe dollar bills, when it comes to fuel prices. Even the Lyon County budget is feeling it. “The amount has almost doubled for gasoline and doubled for diesel fuel,” county commission chair Rollie Martin said Thursday. “I believe the county uses between 8,000-10,000 gallons a month.” Add that to what Martin calls “wage pressures,” and the county budget for 2022 already is looking perilous. “We've got to start thinking in different ways, to keep things under control until the end of the year,” Martin said. For instance, the County Commission voted Thursday to chip [...]

Maize School District changes who’s eligible for bus rides because of driver shortage

info2022-05-13T07:21:39-05:00May 13th, 2022|

Students in the Maize school district who live within 2.5 miles of their school will not be eligible to ride the bus next school year. Maize USD 266 said it is because of a bus driver shortage. Transportation Director Kathy Massell said she’s already having to cancel routes three to four times a week this year. “Some of these kids, we're the only way they can get to school, and as a mom, that, I understand that,” Massell said. “That's insanely difficult to tell a family that, ‘I'm sorry, we just… we can't do it anymore.’” Source: KAKE - News

Newly signed Kansas law transfers $1 billion to cover KPERS outstanding debt

info2022-05-13T07:20:05-05:00May 13th, 2022|

Gov. Laura Kelly signed Thursday legislation transferring more than $1 billion from state coffers to cover historical underfunding of the Kansas Public Employees Retirement System. These transfers will take place over two installments, totaling $853.9 million in 2022 and two additional payments subject to State Finance Council approval in 2023 of remaining funds. Kelly said the payments would provide immediate and long-term value by reducing debt owed and improving upon historically strong financial footing in the state. Source: Kansas Reflector

10-year Treasury yield pulls back to 2.84% as investors rotate into bonds for safety

info2022-05-12T08:00:59-05:00May 12th, 2022|

U.S. Treasury yields fell on Thursday morning, as investors digested hotter-than-expected inflation data, released in the previous session. The yield on the benchmark 10-year Treasury note dropped 7 basis points to 2.8407% at 4:25 a.m. ET. The yield on the 30-year Treasury bond moved 4 basis points lower to 2.9942%. April's consumer price index, released Wednesday, rose 8.3% year-on-year. That was higher than the anticipated 8.1% growth in inflation, but was below March's 8.5% CPI reading. ... The latest inflation reading supports the Federal Reserve's plans to more aggressively hike interest rates to combat persistent pricing pressures, fueling recession fears. Source: [...]

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