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Municipal Bond Trends for October 27, 2022

2022-10-28T12:42:21-05:00October 28th, 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.

Free expungement clinic planned for Riley County residents needing a clean slate

2022-10-28T12:40:51-05:00October 28th, 2022|

Riley County residents looking to clean up their criminal record are invited to a free expungement clinic at the Manhattan Public Library Friday. Attorneys will be on hand to help individuals review if they have any convictions that can be expunged. Deputy Riley County Counselor Craig Cox says there will be a prosecutor available from the County Attorney’s office as well as a judge. “A person can walk in and we’ll review the criminal history. Depending upon the nature of the conviction, for most misdemeanors you have to wait three years after you’ve completed your sentence. For most felonies, it’s a [...]

“CID” proposal in Pittsburg aimed at improving shopping area

2022-10-28T12:39:58-05:00October 28th, 2022|

A number of improvements could be coming to an area of Pittsburg, if a new proposal is given the go-ahead. It's for a new "CID", or "Community Improvement District", for the shopping area in and around where the "Home Depot" sits off North Broadway.... It involves a 7-10ths of a cent sales tax for the next 20 years, or until it generates $3,700,000 in revenue, whichever comes first. "The idea is we get improvements for the community, not just new roofs on the developer's existing buildings, so they'll be, the Goody's building, which has been vacant for 10 years, will become [...]

Lawrence’s Human Relations Commission pushes to ban housing discrimination based on source of income

2022-10-28T12:39:03-05:00October 28th, 2022|

Proposed changes to city codes could open literal doors to many Lawrence community members in need of housing if a city advisory board’s recommendations become law. The Human Relations Commission voted Thursday to advance to the Lawrence City Commission recommendations that call for protections from discrimination that is based on source of income, survivor status or immigration status. The advisory board’s recommended language around source of income would prevent landlords from denying housing because someone’s money comes from housing assistance such as vouchers, settlements and more. In a survey of 115 available rental properties in Lawrence in May 2021, 80% did [...]

Man accused of slashing tires on nearly a dozen Geary County Sheriff’s Office vehicles

2022-10-28T12:37:23-05:00October 28th, 2022|

Geary County Sheriff’s Office vehicles were the target of vandalism early Thursday morning when 11 patrol units had their tires slashed, according to authorities. Those vehicles were parked in the lot at 9th and Franklin Streets in Junction City. Security video showed 36-year-old Justin Nienhaus, of Grandview Plaza, as the perpetrator. He was arrested by deputies in conjunction with Junction City and Grandview Plaza Police officers on 10 counts of felony criminal damage to property as well as two misdemeanor counts thereof, and two counts of felony interference with a law enforcement officer. Source: 1350 KMAN

Andover tornado recovery work continues

2022-10-28T12:37:08-05:00October 28th, 2022|

Recovery and cleanup efforts continue in Andover, six months after a tornado moved through parts of Sedgwick and Butler Counties. The City of Andover released an update on what’s been done and what is still being worked on. There have been several volunteer cleanup days recently, and the next is planned for November 5. If you’d like to help, you can sign up to volunteer through the United Way of the Plains. Source: 101.3 KFDI

Perfect day for black squirrel party in Marysville

2022-10-28T12:36:44-05:00October 28th, 2022|

Black squirrels gathered acorns in City Park and beneath trees across town Saturday, oblivious to the estimated 3,000 area human residents and visitors toasting them as the town’s honored animal. The sunny, warm fall day drew all ages to the downtown area for an array of games, live music, food, socializing and a huge parade down Broadway. It marked 50 years since the town named itself the Black Squirrel City. “I think people got a kick out of the excitement and silliness of our little mascot,” said Mandy Cook, co-chair of the Black Squirrel Fest committee. “I was beyond pleased with [...]

Pittsburg officially creates an arts district 

2022-10-27T08:41:56-05:00October 27th, 2022|

City commissioners heard Tuesday from Crista Cunningham, president of the Pittsburg ArtWalk Association, about why the city needs such a district. Cunningham said downtown Pittsburg in recent years has become the "heart of art" as the number public murals and artists visiting the area has increased. Source: Morning Sun

Key yield-curve indicator points to recession

2022-10-27T08:41:13-05:00October 27th, 2022|

A so-called inverted yield curve between three-month and 10-year interest rates is considered by Wall Street as a reliable sign of an impending economic slump. A recession warning tracked by Wall Street is growing louder, as another measure of the widely watched “yield curve” signals that the United States is headed toward an economic slump. The yield curve is a way of comparing interest rates, also known as yields, on different maturities of government bonds, from a few months to 10 years or more. Investors typically expect to be paid more interest for lending to the government for a longer time, [...]

Covid relief: Johnson County will use $5 million to provide small business grants

2022-10-27T08:15:41-05:00October 27th, 2022|

Johnson County was awarded $117 million through the Coronavirus State and Local Fiscal Recovery Funds program, and the Johnson County Board of Commissioners have opted to help small businesses with part of the funds. The county will allocate approximately $5 million in recovery funding to provide grants for up to 225 small businesses. Small business owners can qualify to receive a grant if: They employ fewer than 50 people. They can show a loss of revenue of at least 25% when comparing 2019 revenue to 2021 revenue. They can provide proof that the business was established in Johnson County before March [...]

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