info, Author at Ranson Financial Group LLC

Kansas school districts request more bond money than can be given, first in state history

info2025-01-15T09:49:55-06:00January 15th, 2025|

It’s a first for Kansas. School districts statewide have asked for more bond project money than the Department of Education can give out. This means some districts have to wait to make improvements. Dozens of districts are looking at their needs closely, meaning that historical questions put some district leaders in a position to table their requests. This puts their local votes on the back burner until at least July 1 of the next fiscal year. Source: KSN-TV

Update: PowerSchool cyberattack impact on Winfield

info2025-01-15T09:48:42-06:00January 15th, 2025|

Kansas schools that use PowerSchool are still looking into how a cybersecurity incident may have impacted their students and employees. Last week, Kansas school districts were notified that PowerSchool was the victim of a nationwide data breach from approximately Dec. 19 to Dec. 23. The company said the breach involved student data. Some Kansas school districts that use PowerSchool are Andover, Buhler, Haysville, Rose Hill and Winfield. Source: KSN-TV

Liberal receives funding, looking to create railroad overpass

info2025-01-15T09:47:39-06:00January 15th, 2025|

Federal funding is helping reconnect a southwest Kansas community. Liberal received over $1.6 million from the Federal Railroad Administration’s Railroad Crossing Elimination Grant Program. Currently, the city of 20,000 is split by the Union Pacific Rail Line. This money will be used to study sites where an overpass can be built so trains don’t tie up traffic. Source: KSN-TV

Wichita passed new rules for golf carts on city streets. Here’s what you can & can’t do

info2025-01-15T09:46:20-06:00January 15th, 2025|

Wichita now has one of the more restrictive ordinances in Kansas for golf carts on public streets. It will allow their use only on streets with posted speed limits of 30 mph or less. State statute already prohibits the use of golf carts on highways and arterial streets. Wichita also will prohibit their use in the core area — downtown, Old Town and Delano — as well as on sidewalks and walking and bike paths. To operate a golf cart, drivers must have a valid driver’s license and be at least 18 years old. Wichita is one of the only cities [...]

Douglas County to open applications for property tax rebates for seniors, disabled veterans

info2025-01-15T09:45:26-06:00January 15th, 2025|

Douglas County has launched its pilot program to give older people and veterans with service-related disabilities a break on their property taxes. The program will give folks ages 65 and up and disabled veterans who meet income guidelines a maximum rebate of $300, or the county portion of their property tax, whichever is less. Source: The Lawrence Times

State offers $3 million to complete Sand Creek dream

info2025-01-15T09:42:37-06:00January 15th, 2025|

The State of Kansas called Newton and wanted to give $3 million to connect the two sections of its bike path. The catch? The Kansas Department of Transportation needed an answer by Jan. 15. The city’s first meeting after the offer was on Jan. 14. The project would connect the Sand Creek Trail from where it ends south of First Street at the Sand Creek Dam to where it picks up at SW 14th Street. From there, it runs near the new wetlands park and through the Sand Creek Station Golf Course. Completing the trail has been on the city’s list [...]

Sedgwick has a trio of attorneys to work with

info2025-01-15T09:40:52-06:00January 15th, 2025|

Sedgwick’s new city attorney, Jennifer Hill of McDonald Tinker Law Firm in Wichita, brings with her over 20 years of civil litigation work for governmental entities and another four years of experience as a city attorney. Hill, a Wichita native, began practicing law in her hometown in 2003 and joined McDonald Tinker in 2005. Working with Hill in Sedgwick will be Associate Attorneys Scott Ufford and Matt Gorney. Hill said that Ufford and Gorney will handle the prosecution docket and the monthly city council meeting on the first Wednesday of each month. Hill will attend the second monthly meeting on the [...]

‘Life and death’: Rescuers use tractors and a helicopter to reach people stranded in snow

info2025-01-13T09:57:11-06:00January 13th, 2025|

A volunteer fire chief picked up a stranded, terminally ill man with his tractor and delivered him safely to a hospital. A Kansas Highway Patrol helicopter rescued motorists stuck in the snow. It all happened near Hope, Kansas, which got around 15 inches of snow during last weekend’s winter storm. “It was life and death,” said Billy Lininger, who was on the way to the emergency room with his wife and son when they got stuck in the snow and called Dickinson Co. Fire District No. 2 Chief Chad Lorson. “My kid might not have made it if it wasn’t for [...]

Frontenac reviews new ordinance on shipping containers

info2025-01-13T09:53:52-06:00January 13th, 2025|

The Frontenac City Council held their first meeting at their new time on Wednesday evening, which is now at 6 p.m. on the second and fourth Wednesdays of the month. On the docket was a new ordinance concerning large shipping containers like what is often found on construction sites. In recent years, these containers have become popular building material for new homes. Frontenac says they are not up to residential code and cannot be used for that purpose. Source: Morning Sun

A Bond Selloff Is Rocking the World. You Might Want to Take the Other Side.

info2025-01-13T09:52:50-06:00January 13th, 2025|

Wall Street is really worried about bonds. It might be time to buy some. On Friday, a jobs report that blew past expectations pushed yields on 10-year Treasurys to 4.772%, the highest close since Nov. 1, 2023, and those on 30-year paper to 4.962%. What is spooking markets, however, is that much of the recent rise in yields doesn’t appear to reflect expectations of stronger economic growth. Rather, it might be the result of investors applying a higher discount or “term premium” to hold long-term bonds, estimates by the Federal Reserve suggest. Some analysts attribute this to the possibility of Donald [...]

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