Ranson Financial, Author at Ranson Financial Group LLC

Lifeguard shortage could leave some Overland Park pools closed this summer, city warns

An ongoing lifeguard shortage could crimp city pool operations in Overland Park this summer. City officials say they are currently short the number of lifeguards they need, creating the possibility that some city pools might operate on reduced hours or remain closed entirely. This isn’t a new problem locally. Last summer, several Johnson County cities — including Roeland Park, Prairie Village and Shawnee — struggled to fill lifeguard positions and reduced pool hours as a result. That coincided with broader lifeguard shortages across the country, an issue attributed at least in part to the COVID-19 pandemic.
Source: Prairie Village Post

Ranson Financial2022-03-15T22:00:30-05:00March 15, 2022|News|

Incentive could lead to more apartments in Paola

Paola City Council members recently expressed their support of an incentive that could help with the development of six apartments inside a building on the west side of Paola’s Park Square. Acting Interim City Manager Randi Shannon … said the owner is installing a fire suppression system for the apartments, which will require a 4-inch water line to be brought in through the foundation, as well as a 2-inch line for the second-floor apartments. The owner requested an incentive to help ease the financial burden because the total cost would be $5,500 just in connection fees — $1,500 for the 4-inch line and $4,000 for the 4-inch line. Council members previously had discussed, during their Feb. 1 work session, considering a 50 percent reduction of the connection fees because they realize the need for alternative housing options and the importance of supporting rehabilitation projects.
Source: The Miami County Republic

Ranson Financial2022-03-16T07:36:28-05:00March 15, 2022|News|

Pittsburg area economy continued to improve in 2021

Despite the disruptions of the COVID-19 pandemic, the Pittsburg area economy continued to improve in 2021, according a new report from the Kelce College of Business at Pittsburg State University. The recently released 2021 economic summary and projections for the Pittsburg Micropolitan Area, also known as Crawford County, shows that for the most part, Pittsburg has made progress on its economic development goals over the last several years. According to the report, Pittsburg “is gaining a reputation nationwide for economic growth and a high quality of life.”
Source: Pittsburg Morning Sun

Ranson Financial2022-03-15T11:26:35-05:00March 15, 2022|News|

Salina’s new fire chief starts work today

New Fire Chief Anthony “Tony” Sneidar Jr. may be coming from a big city, but he knows and loves everything about the small-scale and country feel of a city like Salina. Sneidar, who officially begins as the head of the Salina Fire Department Tuesday, spent 28 years in the Philadelphia Fire Department, working his way up the ranks of that department before retiring as an assistant fire chief in 2020.
Source: Salina Journal

Ranson Financial2022-03-15T08:51:48-05:00March 15, 2022|News|

Municipal Bond Trends for March 14, 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.

Ranson Financial2022-03-15T08:49:56-05:00March 15, 2022|News|

10-year Treasury yield hits 2.14% — its highest point since July 2019

The 10-year Treasury yield hit 2.145% on Monday, its highest level since July 2019, with investors focused on the Russia-Ukraine war and the Federal Reserve’s decision on interest rates. The yield on the benchmark 10-year Treasury note last jumped 12 basis points to 2.135%. The yield on the 30-year Treasury bond rose 10 basis points to 2.471%. … In addition to the war in Ukraine, investors are also looking ahead to the outcome of the Federal Reserve’s two-day policy meeting, which starts on Tuesday. The Fed is expected to announce on Wednesday that it will be raising its target funds rate by a quarter of a percentage point from zero.
Source: CNBC

Ranson Financial2022-03-15T08:45:39-05:00March 15, 2022|News|

RCPD testifies neutrality on constitutional amendment requiring sheriff elections

As Kansas lawmakers consider a bill proposing a constitutional amendment requiring most counties to continue electing sheriffs, Riley County police administration are staying neutral in light of a provision grandfathering in municipalities that abolished the office prior to 2022. HCR 5022 was before the Senate Judiciary Committee Monday, having received the House’s go-ahead on a voice vote in February. If approved by two thirds of both bodies, 104 of Kansas’ 105 counties without consolidated police forces will be required to maintain the office of sheriff and ensures they can only be removed from office by recall or the State attorney general. The amendment will be on the November ballot if it reaches the necessary threshold.
Source: 1350 KMAN

Ranson Financial2022-03-15T08:46:07-05:00March 15, 2022|News|

Streaming services seek exemption from Kansas franchise fee as local governments protest

Kansas senators debated Monday extending an exemption from a local government-collected franchise fee to streaming giants such as Netflix and Hulu. Under Kansas law, cable companies are required to pay up to 5% of their revenue to municipal governments because they rely on the public right of way to deliver services to customers. Companies are also required to register with the Kansas Corporation Commission and pay a fee to the state. Senate Bill 547 would ensure streaming services would not be subject to these requirements. The issue has come to a head in Fort Scott, where the city filed a lawsuit against Netflix and Hulu over these fees.
Source: Kansas Reflector

Ranson Financial2022-03-15T08:47:18-05:00March 14, 2022|News|

10 Kansas counties to share over $6 million for road projects

Some Kansas counties will get to make some road safety improvements now that they’ve been chosen to receive more than $6 million from the Kansas High-Risk Rural Roads (HRRR) program. HRRR is a federally funded state/local partnership initiative designed to make rural roads safer. This year’s 10 projects were chosen from more than 40 applications.
Source: KSN-TV

Ranson Financial2022-03-14T23:52:28-05:00March 14, 2022|News|

Hesston Tornado remembered 32 years later

For some the Hesston/Burrton tornado seems like it wasn’t 32 years ago. The memories are still fresh on their minds. “When we found damage around Burrton from first responders that’s when it hit me, this could get worse,” said Ron Hoffman. Hoffman, who is retired, was 9-1-1 director in Harvey county the day the F-5 tornado hit. “It brings back memories. But good memories, too,” said Hoffman. “The response and professionalism of everyone involved is what I remember. The agencies that responded. The volunteers that came in after.”
Source: KSN-TV

Ranson Financial2022-03-14T23:50:58-05:00March 14, 2022|News|

About Ranson Financial

Lifeguard shortage could leave some Overland Park pools closed this summer, city warns

Incentive could lead to more apartments in Paola

Pittsburg area economy continued to improve in 2021

Salina’s new fire chief starts work today

Municipal Bond Trends for March 14, 2022

10-year Treasury yield hits 2.14% — its highest point since July 2019

RCPD testifies neutrality on constitutional amendment requiring sheriff elections

Streaming services seek exemption from Kansas franchise fee as local governments protest

10 Kansas counties to share over $6 million for road projects

Hesston Tornado remembered 32 years later

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