Ranson Financial, Author at Ranson Financial Group LLC

Gas costs soar due to arctic blast in Winfield

The City of Winfield has incurred $10 million in natural gas costs through the previous six days as sub-zero temperatures gripped the area, leading the city to look for ways to mitigate the financial fallout. “The cost of this event to our community has been one that we have had very little control over. We are seeking every avenue of relief as this is an insurmountable cost for us that, without relief, will be felt for years to come,” Winfield city manager Taggart Wall said in a letter to the community, which was posted on the city’s Facebook page and emailed to the CourierTraveler. The city’s typical annual natural gas purchase is for $1.6 million, with a typical daily index of less than $3 per 1 million British Thermal Units (MMBtu). Wall said beginning Feb. 13 the daily index on the city’s pipeline soared more than 100 times the norm. That, compounded by extreme rises in demand, led to an all-time high of $428/MMBtu on Feb. 18.
Source: The Arkansas City Traveler

Ranson Financial2021-02-19T09:25:01-06:00February 19, 2021|News|

Altamont energy emergency nears its end

Altamont city officials announced Wednesday night that it appears the city is coming out of the woods with its energy emergency as far as rolling blackouts and the potential discontinuance of natural gas supplies that would require resident evacuations. Mike Shields, Altamont police chief and public information officer, said it appears the need for evacuation is becoming less likely, though the city remains prepared and asked residents to remain prepared. While loss of natural gas supply is a diminishing concern, the extreme financial impacts the energy emergency has created remain a concern.
Source: Atchison Globe Now

Ranson Financial2021-02-19T09:22:30-06:00February 19, 2021|News|

Municipal Bond Trends for February 18, 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.

Ranson Financial2021-02-19T09:01:41-06:00February 19, 2021|News|

Airfest coming to Great Bend skies

The Great Bend Airfest will once again land at the Great Bend Municipal Airport. The event, held every three years because of the cost, takes flight Sept. 17-18. “I don’t believe there were more than three air shows in the whole world last year because of COVID,” airport Manager Martin Miller said, addressing the City Council Tuesday night. “And we figured 2021 was going to be in high demand so we got busy.” They started in November booking acts, he said. They were successful and have a full schedule of aerial and static displays planned.
Source: Great Bend Tribune

Ranson Financial2021-02-19T09:00:30-06:00February 19, 2021|News|

As natural gas prices surge, Winfield pleads for relief

In a normal year, Winfield will spend $1.6 million on natural gas. During the recent arctic blast, the bill grew well over $10 million in a span of six days. “How does the community the size of Winfield pay for that gas supply?” Taggart Wall, Winfield City manager asked. Taggart says he has never seen a surge like this. He explained the cost of natural gas is 150 times more than normal. The city has been working to conserve energy by closing schools and factories but the cost still racked up. “It’s not like the city makes money off of this. This is simply just the price of the commodity,” he said.
Source: KSN-TV

Ranson Financial2021-02-19T09:00:40-06:00February 18, 2021|News|

Johnson County COVID rate at lowest in months: ‘We need to continue what we’re doing’

With the number of COVID-19 related hospitalizations and deaths dropping in Johnson County, public health director Sanmi Areola said the county is “inching toward” a date when restrictions could be rolled back. Areola delivered some positive news to the Johnson County Board of Commissioners on Thursday, saying that COVID-19 metrics have been “looking really, really good the past few weeks.” The county’s incidence rate — or the number of new cases per 100,000 people — was 167, down from more than 800 last fall.
Source: Joco 913 News

Ranson Financial2021-02-19T09:00:56-06:00February 18, 2021|News|

Sedgwick County relocates vaccine clinic to former Downtown Wichita Library

Starting Monday, Feb. 22, Sedgwick County will relocate its COVID-19 vaccine clinic from INTRUST Bank Arena to the former Downtown Wichita Library. The former library is located at 223 S. Main, just a few blocks away from INTRUST Bank Arena. Sedgwick County residents with appointments will have two locations to receive their vaccine Monday through Saturday. The former library will serve as a clinic for residents ages 70 and older and health care associated workers. This clinic is for people who are active and can stand for periods of time.
Source: KAKE – News

Ranson Financial2021-02-19T08:56:41-06:00February 18, 2021|News|

Pawnee County remains at Level Yellow on COVID matrix

For the second straight week, Pawnee County has remained at Level Yellow on the county-adopted COVID-19 risk matrix. Level Yellow indicates a minimal to moderate risk of the spread of COVID-19. At their regular meeting last Monday, Pawnee County Commissioners discussed whether the risk matrix should be adjusted. According to current data in the assessment, Green, Yellow, Orange and Red level thresholds for two-week cumulative new cases are 0-10, 11-20, 21-29 and 30+ respectively. Commissioner Robert Rein suggested amending the thresholds to 0-15, 16-29, 30-44 and 45+. “Now that we have six months of data, it might be a good time to adjust the requisite numbers for each category,” he said.
Source: Great Bend Tribune

Ranson Financial2021-02-19T08:57:26-06:00February 18, 2021|News|

Courtney Prewitt Named Garden City Chief of Police

Courtney Prewitt has been named Chief of Police for the Garden City Police Department. Prewitt has worked for the GCPD since May 1999, most recently serving as captain of the patrol division. Beginning March 29, Prewitt will fill the post vacated by the retirement of Chief Michael Utz. The City conducted a nationwide search to fill the position. “Our search for the next Chief of Police gave us four highly qualified candidates,” said Assistant City Manager Jennifer Cunningham. “Chief Prewitt has a dynamic leadership quality that will serve the department and community very well. With his law enforcement experience, his wealth of knowledge, and his ability to connect with our community, we are excited for him to serve Garden City as the next Chief of Police.”
Source: Greater Garden City » Feed

Ranson Financial2021-02-19T08:57:33-06:00February 18, 2021|News|

Burrton expecting to offer payment plans for gas bills

Burrton Mayor Rodney Redinger says the city wants to do the best it can to minimize the impact its residents and businesses feel given the current spike in natural gas prices. “Obviously gas prices went through the roof, so the impact to residents is going to be pretty substantial,” he said. Redinger said the city council plans to hold a special meeting next week once it gets firmer numbers on how much bills will increase. No date has been set for that meeting yet. “We don’t know what our prices are going to actually be, yet, and I didn’t want to just sit there and throw darts at a wall, guessing,” Redinger said.
Source: Harvey County Now

Ranson Financial2021-02-19T08:57:47-06:00February 18, 2021|News|

About Ranson Financial

Gas costs soar due to arctic blast in Winfield

Altamont energy emergency nears its end

Municipal Bond Trends for February 18, 2021

Airfest coming to Great Bend skies

As natural gas prices surge, Winfield pleads for relief

Johnson County COVID rate at lowest in months: ‘We need to continue what we’re doing’

Sedgwick County relocates vaccine clinic to former Downtown Wichita Library

Pawnee County remains at Level Yellow on COVID matrix

Courtney Prewitt Named Garden City Chief of Police

Burrton expecting to offer payment plans for gas bills

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