info, Author at Ranson Financial Group LLC

Topeka hasn’t spent any money on sidewalk repairs in 2021. A much-debated policy change could change that.

info2021-05-06T07:23:46-05:00May 5th, 2021|

Under the old program, the city would find rundown sidewalks and contact contractors to get it repaired. Now, property owners would contact public works to have an inspector decide whether the repairs qualify for the program. If so, the property owner will pay the contractor and work with public works for reimbursement. ... “It is no longer going to be 50-50,” said council member Christina Valdivia-Alcalá at Tuesday’s city council meeting. “You are going to be in charge of the majority of getting your sidewalks fixed. You are going to be in charge of phone calling, you are going to be [...]

Finney County discusses loan for housing development

info2021-05-05T07:05:08-05:00May 5th, 2021|

The Finney County Commission discussed loaning money to a developer for a potential housing development that would add about 300 units. Lona DuVall, president/ CEO of Finney County Economic Development Corporation, said the project would be made possible through the USDA Farm Labor Housing Loans and Grants program. ... The requested amount for the development is $125,000 and would be repaid by Nov. 30, 2021. Source: GC Telegram.

South Hutchinson hires Joseph Turner (from Sedgwick) as new city administrator

info2021-05-05T07:02:22-05:00May 5th, 2021|

South Hutchinson has a new city administrator. The South Hutchinson City Council approved a contract for Joseph Turner Monday. Turner is currently the city administrator for the town of Sedgwick. He informed that community’s city council of his decision on Tuesday. Turner has been with the City of Sedgwick since July of 2019 and has also worked as Director of Public Works for the City of Goddard. Source: Hutch Post.

Municipal Bond Trends for May 4, 2021

info2021-05-05T07:00:01-05:00May 5th, 2021|

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.

Wichita’s Q-Line will return at the end of May

info2021-05-05T06:56:47-05:00May 4th, 2021|

Starting May 29th, Wichitans will be able to once again hop on the Q-Line. During the pause in service due to the pandemic, all the old Q-Line trolleys have been replaced with a new, 100% electric fleet. “These will be much more comfortable for passengers,” said Nathaniel Hinkel, the senior communications specialist for Wichita Transit. Hinkel said Wichita Transit needs drivers to alleviate the current ones but claims that won’t stop the Q-Line from starting up at the end of the month. “We're excited to bring back to Q-Line,” continued Hinkel. Source: KSN-TV

Fed’s Barkin sees higher inflation this year, but then a reversal in 2022

info2021-05-05T06:57:24-05:00May 4th, 2021|

Richmond Federal Reserve President Thomas Barkin told CNBC on Monday that he sees inflation pressures building this year that he expects to subside in 2022. "I think we will see price pressure this year. You've got a very strong demand situation, and you've got constraints in supply," the central bank official said during a "Closing Bell" interview. "When those things happen, you're definitely going to see price pressure." However, Barkin added that he expects those pressures to subside as economic dynamics change through the year and the economy returns to a more normal state. "Inflation is a recurring phenomenon. Prices go [...]

Yellen says she was not predicting or recommending rate hikes

info2021-05-05T06:57:58-05:00May 4th, 2021|

Treasury Secretary Janet Yellen said she was not predicting or recommending interest-rate increases when remarking earlier about the impact of fiscal spending on the U.S. economy. Earlier on Tuesday Yellen caused a set of hiccups in financial markets when she said the Biden administration’s spending measures will likely provoke a rise in interest rates. “It’s not something I’m predicting or recommending,” Yellen said during an online event hosted by the Wall Street Journal. “If anyone appreciates the independence of the Federal Reserve I think that person is me.” Yellen, herself a former Fed chair, said she didn’t anticipate a bout of [...]

Jobs in Wichita could grow faster than expected in hard-hit restaurants, aviation

info2021-05-05T06:58:32-05:00May 4th, 2021|

New spending on restaurants and travel in Wichita could return jobs in that sector to near pre-pandemic levels by the end of the year, and employment in aviation manufacturing could rebound faster than expected by the summer. Those are among the findings of an updated employment forecast for Wichita’s economy from Wichita State University’s Center for Economic Development and Business Research. Local employment in the Wichita area could increase by 3.1% from the end of 2020 to the end of 2021. That’s a jump up from the 0.7% employment growth the Center forecast in January. Source: Local News | Wichita Eagle

Brookville Hotel, known for its famous chicken, to reopen with new owners, new name

info2021-05-05T06:58:47-05:00May 4th, 2021|

The Brookville Hotel, which closed last year due to the COVID-19 pandemic, will reopen its doors under new ownership. The restaurant will reopen as Legacy Kansas on Wednesday, June 23. It will combine Munson's Prime, LLC steakhouse and the Brookville Hotel, known for its chicken dinners, in one location. Chuck and Deanna Munson, Munson Angus Farms and Munson’s Prime Steakhouse, are purchasing the restaurant. Their restaurant in Junction City was destroyed in a fire in February. Source: KSN-TV

Douglas County Commission to consider creating regulations for solar farms in rural areas

info2021-05-04T07:23:18-05:00May 4th, 2021|

County leaders will soon consider whether to create regulations for solar farms in rural Douglas County. As part of its meeting Wednesday, the Douglas County Commission will consider initiating a text amendment to the zoning and land use regulations for rural Douglas County for the development of standards for Solar Energy Conversion Systems, or solar farms. Planning staff are requesting the creation of regulations for solar farms because they were recently contacted regarding plans to develop a solar farm in rural Douglas County. Source: LJWorld.com.

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