info, Author at Ranson Financial Group LLC

Masks no longer required on public transport in Salina

info2022-04-20T07:00:20-05:00April 20th, 2022|

As of Tuesday afternoon, masks are no longer required on public transit in Salina. Following the direct orders of KDOT, OCCK dropped the company's mandatory mask rule. A federal judge in Florida on Monday ruled that a 14-month-old directive from the Center for Disease Control and Prevention was unlawful. ... On Tuesday afternoon, the Kansas Department of Transportation informed OCCK that masks were no longer required on public transportation. Source: Salina Journal

Municipal Bond Trends for April 19, 2022

info2022-04-20T06:57:53-05:00April 20th, 2022|

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.

Fed’s Bostic expresses caution about the pace of interest rate hikes

info2022-04-20T01:15:18-05:00April 20th, 2022|

Atlanta Federal Reserve President Raphael Bostic on Tuesday expressed concern about the impact that rate hikes could have on the U.S. economic recovery, saying the central bank shouldn't move so fast that it chokes off growth. Bostic did not commit in a CNBC interview to what pace the Fed should take in increasing benchmark rates. Instead, he said policymakers should be measured in their approach and watch how what they do impacts conditions. "I think I'm in the same areas as my colleagues philosophically," he told CNBC's Sara Eisen in a "Closing Bell" interview. "I think it's really important that we [...]

Munis sell off, 30-year AAA tops 3%

info2022-04-20T01:13:43-05:00April 20th, 2022|

Municipals sold off Tuesday, with triple-A benchmarks seeing cuts up to 11 basis points and the 30-year topping 3% on some scales. U.S. Treasuries were weaker, experiencing double-digit cuts on the short end, and equities rallied. Triple-A muni yields rose nine to 11 basis points, depending on the scale, while UST yields rose 10 to 15 basis points on bonds 7 years and in, with the largest losses on the one- and two-year. Muni-UST ratios were at 82% in five years, 91% in 10 years and 100% in 30, according to Refinitiv MMD's 3 p.m. read. ICE Data Services had the [...]

Ground to be broken on 192-unit housing development in Garden City

info2022-04-20T06:55:03-05:00April 20th, 2022|

On Wednesday, April 20, a groundbreaking ceremony will be held for Hunters Glen, a multi-phased housing project in Garden City that will bring hundreds of housing units to the community. Phase I consists of 86 units at a total development cost of over $19,000,000 and has been obligated, while Phase II is in final application to USDA for 106 units and a total development cost of $22,000,000. A Phase III will be submitted for preliminary application to USDA in the Fall of 2022. Funded through USDA 514 loan and USDA grant dollars with financing by Bonneville and Horizon Bank, Phase I [...]

Suburban school officials predict ‘chaos’ if Kansas lets out-of-district students transfer freely

info2022-04-20T01:10:20-05:00April 20th, 2022|

Kansas stands on the verge of letting students attend any public school — regardless of where they live. Conservatives love the plan. They say it would give poor families stuck in failing school districts a chance at a life-changing escape. But school administrators running well-heeled suburban districts already are taking measures to demonstrate their classrooms are full — the one exception the proposed change would allow from barring students who want to transfer into a district they don’t live in. They say they have little choice if they’re going to protect their taxpayers from the cost of teaching a flood of [...]

Wichita City Council OKs millions more in public money for Riverfront Stadium district

info2022-04-20T06:56:02-05:00April 20th, 2022|

The Wichita City Council on Tuesday approved pumping nearly $10 million in additional public incentives into its minor league baseball stadium district, including a tax-funded parking garage and tax breaks on two office buildings for developers. The move is meant to jump-start development of two office buildings and a hotel along McLean Boulevard. Taxes generated at those businesses would help pay off the debt on $75 million Riverfront Stadium. The city approved diverting $8.7 million in property taxes collected in the Delano Tax Increment Financing (TIF) district to pay for a 283-stall parking garage directly east of the stadium. With the [...]

Masks now optional on Lawrence buses

info2022-04-20T00:55:19-05:00April 20th, 2022|

Masks will no longer be required for Lawrence Transit riders or employees following a federal judge’s ruling that suspends enforcement of a mask mandate on public transportation, the city announced Tuesday. “Our mask mandate enforcement is based on federal guidance,” Adam Weigel, Transit and Parking Manager, said in the city’s news release. “We encourage everyone to monitor public health information and make decisions aligned with their needs.” The CDC still recommends masks in indoor public transportation settings, and the city would refer people to Lawrence-Douglas County Public Health for the most up-to-date local health information. Source: The Lawrence Times

‘Honest Abe’ tells stories at library in Atchison

info2022-04-20T00:52:38-05:00April 20th, 2022|

Persons representing all walks of life and ages gather to hear a famous Abe tell tales of his from history books on Tuesday at Atchison Library. The Library and Atchison County Kansas Genealogical Society presented President Abe Lincoln portrayed by Kevin Wood. “Abe Lincoln Storyteller” recreated the humorous attitudes of Lincoln throughout his legal and political careers. Some iconic vintage props associated with Lincoln the Storyteller like his stovepipe hat and circled-shaped, black, over the shoulder, flask canteen enhanced the performance. Source: Atchison Globe Now

Food sales tax elimination could be felt at city, county level

info2022-04-20T00:50:46-05:00April 20th, 2022|

Trumpeted by Gov. Laura Kelly, Attorney General Derek Schmidt and other prominent Kansas politicians, the call to “axe” the state food sales tax has been a dominant refrain during the current legislative session. While the elimination of the state food sales tax remains a focus, action has yet to be taken by the Legislature. That uncertainty has city and county governments preparing for a number of potential impacts – not least of which is what the elimination of that taxing power would do at the local level. Source: Atchison Globe Now

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