The interest rate table above illustrates recent changes in a sample of MBIS “investment grade” yields. Every issuer’s credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman and Beth Warren.
Local planners are looking for input from residents as they work to update the area’s long-range transportation plan, which will address all modes of transportation in the Lawrence area. Transportation 2050 will be “a blueprint for the future transportation system” of Lawrence, Eudora, Baldwin City, Lecompton and unincorporated areas of Douglas County, according to the project website. The plan will set regional goals and improvement recommendations to meet the region’s future transportation needs through 2050 for automobile, public transit, bicycle, pedestrian and other forms of transportation. Financial resources to implement the plan will also be identified.
Source: LJWorld
Douglas County leaders authorized extending an industrial development incentive program for another three years at Wednesday’s County Commission meeting. With Commissioner Shannon Reid absent, fellow commissioners Shannon Portillo and Patrick Kelly voted to extend the Catalyst Incentive Program until April 1, 2025. The program was first adopted by the City of Lawrence in April 2017 and has since provided an assistance package offering expedited approval for new projects meeting certain criteria at Lawrence VenturePark and East Hills Business Park. Later, the program extended eligibility to any new building project of 25,000 square feet or larger on industrially zoned property within city limits.
Source: LJWorld
The interest rate table above illustrates recent changes in a sample of MBIS “investment grade” yields. Every issuer’s credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman and Beth Warren.
It’s been a tough year for municipal bonds, with investors cashing out amid rising interest rates. However, higher yields and strong credit may be sparking a shift, experts say. While investors piled a record-breaking $96.8 billion of net money into U.S. muni mutual and exchange-traded funds in 2021, weekly inflows have been negative for most of 2022, according to Refinitiv Lipper data. Last week’s numbers were still negative, but outflows slowed significantly, signaling more interest, according to Tom Kozlik, head of municipal research and analytics at HilltopSecurities.
Source: CNBC – Bonds
San Francisco Federal Reserve President Mary Daly said Wednesday she backs raising interest rates aggressively until inflation comes down to a reasonable level. Those moves likely would entail multiple 50 basis point hikes at coming meetings, then a possible rest to see how the central bank policy tightening is combining with other factors to impact the massive surge in consumer prices. “We need to that expeditiously, and I see a couple of 50 basis point hikes immediately in the next coupe of meetings to get there,” she told CNBC’s Steve Liesman during an interview on “TechCheck.” “Then we need to look around and see what else is going on.” Daly said she sees some initial signs of a slowing economy and reduced inflation, but will need to see much more progress before the Fed can slow its efforts.
Source: CNBC
An interdisciplinary team from Wichita State University will participate in a $24 million state initiative to help rural and urban communities prepare for and recover from natural disasters. Wichita State is one of 17 Kansas universities and colleges participating in the Adaptive and Resilient Infrastructures driven by Social Equity (ARISE) project, funded by the National Science Foundation and the state of Kansas. The Wichita State team will lead power-system work and capital-asset management to address resilience and infrastructure responses to disaster and extreme weather events.
Source: Derby Informer | Area
The United States Department of Agriculture’s Distance Learning and Telemedicine Grant has allowed Barton County to upgrade antiquated connectivity technology and bring more business to the area, said Information Technology Director Dereck Hollingshead, giving an update on the program to the County Commission Wednesday morning.
Source: Great Bend Tribune
Sedgwick’s pond is stocked and ready to be fished. That’s the message from Sedgwick Police Chief Brian Daily and David Breth, Sportfishing Education Coordinator for the Kansas Department of Wildlife and Parks (KDWP). And just in time for the 2022 Kids Fishing Derby on Sunday, June 5 from 10 a.m. To 2 p.m. Several months ago when the pond was being dredged, Daily noticed that the pond would reach around ten-foot deep. He thought it would make a perfect fishing pond so he contacted Breth who instructed them where to lay gravel beds for fish to spawn. “We’re really proud of how this is turning out because it started off just as a luck thing,” Daily said. “We’ve just done everything to the tee the way that department wildlife and parks said.”
Source: Harvey County Now
The stage is getting set up, banners of all the previous posters have been hung on the outside of Century II, and food vendors have started to set up their tents for the next week and a half. All of this is just some of the prep work for this year’s Riverfest. The festival kicks off Friday and for Gary Morris, it’ll be his first time back as a food vendor since 2019. “We love it because we was out with COVID and it’s just awesome to be back. See all the people and have a good time, sell some food.” The 2022 edition of Riverfest is a special one for a few reasons. This year marks the 50th anniversary of the event and it marks the return of the full nine day schedule of the festival after the last two were either canceled due to Covid or split in half. Wichita Festivals director of marketing, Jenny Venn, says, “The excitement is just booming. Its booming down here on the grounds. It’s booming, and the office, everyone’s thrilled and excited to be back to the nine day festival and to be back in full force from where we’ve been for the last couple years.”
Source: KAKE – News
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