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Despite new state law, Douglas County will keep developing idea for guaranteed income pilot program for single mothers

A guaranteed income program for single mothers has been on county leaders’ minds for some time. But in its 2025 session, the Kansas Legislature passed House Bill 2101, which now prohibits any city or county from using tax dollars to fund such programs unless the Legislature gives its prior approval. Now, the county appears to be taking a more concrete step toward developing the guaranteed income program idea.
Source: LJWorld

2025-05-28T07:38:10-05:00May 28, 2025|News|

Kansas Attorney General Opinion 2025-9: Phrasing of sales tax election resolution

The resolution regarding a countywide 1% retailers’ sales tax to fund the county hospital cited K.S.A. 2014 Supp. 12-187(b)(1), a general tax provision, rather than K.S.A. 2014 Supp. 12-187(b)(5), which specifically addresses funding health care services. …Here, the ballot question was phrased in such a way that the electors understood a “yes” vote was a vote to approve a countywide 1% retailers’ sales tax to fund the county hospital.
Source: Kansas Attorney General Opinions

2025-05-23T07:57:18-05:00May 23, 2025|News|

Wamego Caterpillar facility changes ownership, hundreds of local jobs saved

A major manufacturing plant in Wamego will stay open under new ownership. A Caterpillar Inc. spokesperson confirmed plant workers were informed the facility will stay in the Caterpillar family and pass into the hands of a subsidiary of the company: Solar Turbines. The facility currently employs hundreds of workers locally who will now get to keep their jobs.
Source: KSN-TV

2025-05-22T13:52:08-05:00May 22, 2025|News|

30-year Treasury yield tops 5%, 10-year hits 4.5% on deficit concerns

Treasury yields moved higher on Wednesday as investors feared a new U.S. tax bill could worsen the country’s deficit following a Moody’s downgrade of the U.S. credit rating. At 6:57 a.m. ET, the 30-year Treasury bond yield was up over 6 basis points at 5.03%. The 10-year yield was more than 5 basis points higher at 4.537%. The 2-year yield advanced just over 2 basis points, reaching 3.994%. One basis point is equivalent to 0.01%, and yields and prices move in opposite directions. Investors are keeping an eye on discussions around U.S. President Donald Trump’s budget bill as some Republicans said they wouldn’t support the bill without larger deductions for state and local taxes. The bill could increase the U.S. government’s deficit — which has become a cause for alarm in the past week.
Source: Bonds

2025-05-21T09:02:19-05:00May 21, 2025|News|

Munis in ‘better position’ than in April

Municipals were little changed Tuesday as U.S. Treasury yields rose out long and equities ended down. The two-year ratio Tuesday was at 72%, the five-year at 72%, the 10-year at 73% and the 30-year at 90%, according to Municipal Market Data’s 3 p.m. ET read. ICE Data Services had the two-year at 70%, the five-year at 71%, the 10-year at 73% and the 30-year at 90% at 4 p.m.
As the second half of the month gets underway, munis are seeing small gains of 0.1%, bringing year-to-date returns to negative 0.96%. This compares to 2024, when returns for the month were 1.02% at the midway point of May, said Jason Wong, vice president of municipals at AmeriVet Securities.
Source: The Latest

2025-05-21T09:01:22-05:00May 21, 2025|News|

Merriam hires New Orleans painters for $50,000 mural — Here’s a sneak peek

A vibrant transformation is in store for the parking structure outside of Merriam Plaza Library and the Merriam Community Center. The Merriam City Council last week unanimously approved a $50,000 contract with New Orleans-based artist duo Milagros Collective for a vibrant, colorful mural to span the stairs in and around the parking structure at 6040 Slater St. This is part of the city’s larger public art master plan, which is an overarching effort to bring more public art to Merriam’s streets.
Source: Johnson County Post

2025-05-21T09:00:20-05:00May 21, 2025|News|
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