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Municipal Bond Trends for October 14, 2022

2022-10-16T17:58:54-05:00October 14th, 2022|

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.

Housing a big topic during Salina conference

2022-10-16T17:47:56-05:00October 14th, 2022|

The outlook for the economy in the Salina community is relatively good, and with the help of more housing, it can look even better. That was the general mood Thursday as several people from the area and around the state offered insight at the 2022 Salina Economic Outlook Conference Much of the reason for a positive outlook on the future of the Salina community is because of economic developments that have been happening over the past few years, including the Schwan’s pizza plant and Great Plains Manufacturing expansions on the south side of town. Source: Salina Journal

In face of job dissatisfaction, Kansas teacher vacancies continue to rise

2022-10-16T17:47:50-05:00October 14th, 2022|

A staffing crunch continues for Kansas K-12 schools as superintendents and principals struggle to staff classrooms with adequately licensed personnel. The number of reported vacancies surged from 1,253 in fall 2021 to 1,628 in fall 2022, according to the Kansas State Department of Education's seasonal Teacher Vacancy and Supply Report. Source: Salina Journal

Finney County business leaders discuss workforce; how to grow it

2022-10-16T17:46:28-05:00October 14th, 2022|

Finney County Commissioners, Garden City Commissioners, Finney County Economic Development, USD 363 and 457 staff, Garden City Community College staff, business leaders and others met Wednesday to discuss the workforce situation in Finney County. Bob Kreutzer, a Finney County commissioner, led the meeting. The purpose of the gathering was to bring stakeholders together to inform everyone on the workforce situation within the county and how to link that to the educational system and the business community. “I think if we can figure out a way to link the talent that we have on both sides of that fence, really good things [...]

On its 10th anniversary, Reams pleased with growth at Great Plains Industrial Park

2022-10-14T08:13:42-05:00October 14th, 2022|

Great Plains Industrial Park Director Brad Reams is pleased with the progress and growth at the park over the past 10 years. On Wednesday, the park celebrated its 10th anniversary as companies announced intentions to come to Great Plains. Kansas Lt. Gov. David Toland, U.S. Sen. Jerry Moran, R-Kansas, local officials, company directors and operators attended the celebration at the park Wednesday. “It meant a lot to have the support of the community,” Reams told the Sun Thursday. Reams said he was happy for the board members of Great Plains. He said their dedication has paid off. Source: Parsons Sun

Treasury yields fall as markets digest hotter-than-expected inflation data

2022-10-14T08:12:32-05:00October 14th, 2022|

U.S. Treasury yields fell on Friday as markets digested Thursday's higher-than-expected consumer price index reading and kept a close eye on the U.K. economy as the Bank of England's emergency bond-buying program is due to end. The yield on the 10-year Treasury was at 3.9197%, down by 3 basis points at around 4:40 a.m. ET. It had briefly surpassed the 4% mark on Thursday following the release of the inflation report.... Markets continued to absorb Thursday's consumer price index reading, which showed that inflation had risen more than expected in September. The price of goods had increased by 0.4% for consumers [...]

Old Olathe elm was taken down and new sculpture emerged as symbol of Kansas

2022-10-14T08:11:44-05:00October 14th, 2022|

A peaceful place is easy to find on a bench close to a sculpture in one Johnson County city. The Olathe Cemetery Memorial Tree, carved from a dormant elm, is a symbol of life past and present. The sculpture, which stands along a path in the cemetery, is a gift from the city’s public art program. Once among the most popular of American shade trees, the cemetery’s tree was killed by the spread of elm disease in 1960s and beyond. Thought to be 100 years old, it is no longer a tree of branches and green leaves. It now represents history [...]

Mournful and hopeful, an emerging photo project portrays rural Kansas newspapers

2022-10-14T08:09:29-05:00October 14th, 2022|

Jeremiah Ariaz has traveled Kansas to visit and then photograph the offices of small-town newspapers: The Russell County News, Downs News & Times, The Winfield Daily Courier. A photography professor at Louisiana State University and a Kansas native, Ariaz brings a mixture of reverence and urgency to the project. His collection — still in progress — mixes portraits of the small-town journalists and print shop laborers with dusty still-life images of newspaper artifacts. Ariaz’s images situate the industry facing great challenges while hoping that the papers receive a vital lifeline. On Oct. 6, Ariaz visited the University of Kansas to show [...]

Prairie Village City Council votes down strategy for affordable housing

2022-10-14T08:07:42-05:00October 14th, 2022|

After a public outcry, the Prairie Village City Council has gone on record against putting duplexes, apartments and other multi-family developments in single-family residential areas as part of an affordable housing strategy. Signs had gone up around the city protesting recommendations from an ad hoc committee tasked with finding ways to diversify Prairie Village’s housing stock so more people can afford to live there. Council member Piper Reimer said residents are concerned that regulations might be changed “in a way that would allow the developer or builder to come in and potentially take down the house next door to you and [...]

Labette County to lose vital staffer

2022-10-14T08:06:53-05:00October 14th, 2022|

A longtime county employee is leaving for a new job in a neighboring county, 911 Director Brandy Scott reported to Labette County commissioners Wednesday. One of Scott’s supervisors — who has worked for 17 years for the county — gave her two weeks notice to Scott. This is a blow to the department, Scott indicated. The person, who was not named, got a job in Montgomery County. The job, Scott said, has better benefits and less responsibilities for the person. Source: Parsons Sun

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