info2022-03-11T08:32:53-06:00March 11th, 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.
info2022-03-10T22:23:25-06:00March 10th, 2022|
Municipal yields rose up to seven basis points Thursday pushing the one-year triple-A muni to 1%, a level not seen since April 2020 during the initial COVID-led selloff. U.S. Treasuries pared back some losses near the close, but the two-year hit its highest level in over two years after inflation hit its highest in 40. “The bond market seems to foresee more trouble ahead as Treasury rates rose all along the curve,” noted John Farawell, managing director and head of municipal trading at Roosevelt & Cross. “Obviously, all commodities are under pressure with the troubles in Ukraine, especially oil which has [...]
info2022-03-11T08:34:24-06:00March 10th, 2022|
The National Weather Service (NWS) has announced that three counties close to Wichita — Butler, Sedgwick, Cowley — have renewed their StormReady status. The StromReady program helps arm America’s communities with the communication and safety skills needed to save lives and property–before, during, and after the event. StormReady helps community leaders and emergency managers strengthen local safety programs. Source: Andover American
info2022-03-10T22:16:25-06:00March 10th, 2022|
A year after the House chose to continue offering financial incentives to Kansans moving to rural areas that are struggling with workforce, state senators followed suit, with their own added flair. The proposal would extend the Rural Opportunity Zone program by five years and expand eligibility to any county with a population less than 40,000. The program provides these designated counties the opportunity to offer income tax credits and student loan repayments to reverse population decline. Supporters said the bill provides for the program to continue while allowing the Legislature to focus on any needed tweaks. Source: Cowley CourierTraveler
info2022-03-10T22:12:58-06:00March 10th, 2022|
A $270,000 grant to replace a generator that powers airfield lighting and navigation aids at Strother Field is among the 36 projects recently selected for Kansas Airport Improvement Program funding, according to a press release from the Kansas Department of Transportation. The generator is a backup power source for the airport in the case of a power outage, according to Strother Field manager Shawn McGrew. He said the current generator has been there since at least 1984, and is in need os replacement. “We appreciate KDOT’s help with it,” McGrew said of the replacement. “Any time we can replace aging infrastructure, [...]
info2022-03-10T22:10:35-06:00March 10th, 2022|
Inflation continued to soar in February, making a range of goods and services even more expensive for Americans, according to newly released federal inflation data. The Bureau of Labor Statistics Thursday reported that the Consumer Price index, a major marker of inflation, rose 7.9% in the previous 12 months. “The 12-month increase has been steadily rising and is now the largest since the period ending January 1982,” BLS said. “The all items less food and energy index rose 6.4 percent, the largest 12-month change since the period ending August 1982. The energy index rose 25.6 percent over the last year, and [...]
info2022-03-11T08:29:04-06:00March 10th, 2022|
The city of Emporia is reexamining its fireworks policy but initial discussions among the city commission Wednesday morning did not seem to indicate that changes are on the horizon. Commissioner Susan Brinkman said it was her understanding that there were few fireworks-related complaints last year in late June and early July. “I genuinely don’t see anything wrong with leaving it stand the way that it is, from the time that they’re sold,” Brinkman said. “Not having had (police chief Ed Owens) come to us with a lot of complaints and not seeing anyone here today really advocating for (changes) tells me [...]
info2022-03-11T08:35:53-06:00March 10th, 2022|
A new study being conducted by Kansas State University researchers is looking at ways to reduce the risk of exposure to lead in soil in the hopes of finding affordable methods that could be replicated around the country. Ganga Hettiarachchi is a professor of soil and environmental chemistry and is leading the research with her team through a $700,000 grant from the U.S. Department of Housing and Urban Development. Hettiarachchi said conversations with officials with the health department and Brownfields program in Kansas City, Missouri, made her realize the scope of the issue. “I came to know that the elevated blood [...]
info2022-03-10T21:44:05-06:00March 10th, 2022|
Lawrence is making an impact on America’s technology landscape. Data from the Brookings Institute revealed the latest trends in technology across the country and how the pandemic has disrupted the geography of tech jobs. It listed Kansas City as a “rising star” metro, and also showed how Lawrence has grown substantially in recent years. Lawrence lost 1,570 tech workers from 2015-2019; however, in 2019-2020, Lawrence saw growth of 151 workers, according to the data. A closer look at the report from Axios shows that, at 19.3%, Lawrence is the No. 1 city for growth in tech workers per capita for 2019-2020. [...]
info2022-03-10T21:42:19-06:00March 10th, 2022|
Lawrence’s Community Police Review Board is set to review a draft proposal that could reconfigure the board, leading one member to resign over what she sees as an effort to turn the board into little more than “window dressing.” At its meeting Thursday, the CPRB will review a project charter for a new Community-Police Oversight Task Force that would review ordinance revisions proposed by the CPRB and assess the existing complaint policies, procedures, and systems. CPRB members had sought direction from the city commission last fall after working for months on a revised ordinance that would have expanded its duties. The [...]
