When it comes to investing in its future, Katie Eisenhour never lets an opportunity slip by without pointing out that Scott City takes a backseat to no one. “We take our future into our own hands here,” Eisenhour told representatives with the Kansas Department of Commerce who included Scott City on their swing through Western Kansas. The director of the Scott County Development Committee noted that over the past 18 years, taxpayers and private entities had invested about $124 million into the local infrastructure. “But every now and then we need assistance. I think it’s important for you to know that when you help us you’re going to get a good return on that investment,” Eisenhour said. Eisenhour’s audience included Bill Murphy, deputy secretary of the Kansas Department of Commerce, and Craig VanWey, superintendent of in-state business development. “The goal of the department is to complement the work that is already being done in Western Kansas,” said Murphy, whose two-hour stop also included a tour of Nu-Life Market.
Source: Scott County Record.

One Topeka resident could lose about $1,000 a month in missed business after the Topeka City council approved changes to an ordinance governing short-term rentals. Suzy Loy, an Airbnb operator, says she will need to rethink her rental strategy or lose the monthly revenue. …The updated ordinance requires short-term rentals to include one parking space for the primary resident with one space for every two guest bedrooms. Up to three on-street spaces can be replaced with a minimum of 22 feet of “unobstructed street frontage per space,” which Loy isn’t able to do.
Source: Topeka Capital-Journal

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.