info, Author at Ranson Financial Group LLC

Passed over by KDOT, Lenexa seeks $600 million in federal aid for highway projects

info2021-04-29T06:54:39-05:00April 28th, 2021|

The City of Lenexa is seeking more than $600 million in federal aid for a pair of road construction projects in Johnson County that failed to get the green light at the state level. Lenexa wants more than $400 million to complete the third phase of the expansive Johnson County Gateway project at the heavily traveled interchange of I-435, I-35 and K-10. The proposal would pay for the construction of a flyover ramp at I-35 northbound and I-435 westbound and improvements to the I-435 interchange at 95th Street among other upgrades to reduce congestion. Source: KC Star Local News

New revolutionary Kansas law will bring in hundreds of millions of dollars for rural communities, starting with Hesston

info2021-04-29T06:58:43-05:00April 28th, 2021|

Hundreds of millions of dollars, potentially even a billion, is about to start flowing into 77 of the most rural counties in Kansas. It's all thanks to a revolutionary new Kansas law that will bring in money from all around the world. "Just like every community in Kansas, we need the economic help," said Hesston Mayor David Kauffman. Kauffman said things have been tough for the small community. That's why he was happy for the town to be the first-ever to benefit from the new bill. Kansas will be known as the FidFin industry, the fiduciary finance capital of the country [...]

USD 373 unearths $1.1 million hail damage claim

info2021-04-29T06:59:27-05:00April 28th, 2021|

The USD-373 Board of Education learned Monday evening that a previous administration failed to turn in a $1.1 million insurance claim related to roof damage from a 2016 hailstorm. Finance Director David Decker said Facilities Director Chris Schaeffer mentioned to him during the fall that he might want to look into an old claim that went dormant. He said, based on that lead, he and Schaeffer were able to get the claim reopened. Just last week, the district was notified it would be receiving a $1.1 million check from the uninvestigated claim. “That money, of course, is all going to be [...]

GCCC to Implement Kansas Promise Scholarship Act in Fall

info2021-04-29T07:00:40-05:00April 28th, 2021|

Garden City Community College is excited that Governor Kelly signed the Kansas Promise Scholarship Act, a last-dollar scholarship program for Kansas high school graduates who complete a CTE certificate or two-year program in specific career and technical education (CTE) programs. House Bill 2064 established the Kansas Promise Scholarship Act which provides scholarships for students to attend an eligible postsecondary institution for any two-year associate degree program, career and technical education certificate, or stand-alone program otherwise identified by the Kansas Board of Regents. “This is fantastic news that will increase pathways for students to access higher education. We are excited that this [...]

Straight from the horse’s mouth

info2021-04-29T07:09:03-05:00April 28th, 2021|

Until Wednesday, Lydia Burge, a second grader at Inman Elementary School, never saw a live chicken, nor had she petted one. Goats or sheep hadn’t been on her horizon either. Because of a group of Inman High School students and their agriculture teacher, youngsters like Lydia were able to learn about farm animals and meet horses, cows and donkeys face to face. All the youngsters were able to pet the animals - if they wanted to. Source: Hutch News.

10-year Treasury yield tops 1.65% as investors gear up for Fed decision

info2021-04-28T07:11:12-05:00April 28th, 2021|

The 10-year U.S. Treasury yield briefly topped 1.65% on Wednesday morning, as investors geared up for the Federal Reserve's latest policy decision later in the day. ... The Federal Open Market Committee is set to conclude its two-day meeting and share its policy decision at 2 p.m. ET on Wednesday. The central bank is not expected to take any action on monetary policy. Fed Chairman Jerome Powell is scheduled to hold a press conference at 2:30 p.m. ET, which investors will be watching closely for any clues on the direction of policy. Aaron Anderson, senior vice president of research at Fisher [...]

Municipal Bond Trends for April 27, 2021

info2021-04-28T07:02:30-05:00April 28th, 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.

February home prices see the biggest gain in 15 years, S&P Case-Shiller says

info2021-04-28T07:03:41-05:00April 27th, 2021|

Home price gains continue to outpace expectations, as tight supply and strong demand lead to bidding wars. Nationally, prices in February rose 12% year over year, up from 11.2% in January, according to the S&P CoreLogic Case-Shiller home price index. The 10-City Composite rose 11.7% annually, up from 10.9% in January. The 20-City Composite gained 11.9%, up from 11.1% in the previous month. All the gains were in the double digits, save Chicago and Las Vegas. "The National Composite's 12% gain is the highest recorded since February 2006, exactly 15 years ago, and lies comfortably in the top decile of historical [...]

Kansas to resume Johnson & Johnson administration

info2021-04-27T21:58:57-05:00April 27th, 2021|

The Kansas Department of Health and Environment (KDHE) announced Monday that Kansas will resume administration of the Johnson & Johnson (Janssen) COVID-19 vaccine following an announcement on April 23 from the Centers for Disease Control and Prevention (CDC) and the Food and Drug Administration (FDA) encouraging resumption of the vaccine. “Today, Kansas will resume administering the Johnson & Johnson COVID-19 vaccine,” said Governor Laura Kelly. “After a brief pause and a thorough review, the CDC and FDA have determined the vaccine is safe and effective. Whether it’s the Johnson and Johnson, Pfizer or Moderna, I strongly encourage every Kansan to get [...]

New state program allows Barton Community College to offer full-scholarship programs

info2021-04-28T07:04:47-05:00April 27th, 2021|

Select Barton Community College career and technical education programs will be available at no cost to eligible students beginning in the fall of 2021, thanks to a new scholarship program designed to increase Kansans’ access to community colleges and technical schools. The $10 million program was passed by the Kansas Legislature and signed by Governor Laura Kelly on Friday. When other scholarships and grants are not sufficient to cover a student’s tuition and fees, the Kansas Promise Scholarship Act will make up the difference. The program is available to Kansas high school graduates, Kansans 21 and older who have resided in [...]

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