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.
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 five year wait and for most serious driving violations, it’s a one year wait,” he said. In many cases, past criminal convictions can hamper a person’s ability to gain employment, or in some instances prevent them from getting an interview. In some instances, a past driving violation can also prevent someone’s ability to renew a driver’s license.
Source: 1350 KMAN
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 a Marshall’s. That’s supposed to open in November. There’s a new building going just to the south of that, which hasn’t been named where it’ll be, but it’s another national retailer. And then there’s going to be sidewalk improvements and the overall signage and just the general improvements in the area, kind of upgrade the district a little bit,” said Daron Hall, Pittsburg City Manager.
Source: KSNF/KODE
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 not accept housing choice vouchers, according to a presentation in the meeting materials.
Source: The Lawrence Times
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
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
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 how everything ran.”
Source: The Marysville Advocate
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
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, partly reflecting the risk of locking up money given the usual expectations for rising growth and inflation. But short-term yields occasionally rise above longer-term yields, upending the usual situation in the bond market. It’s called a yield-curve inversion, and it means investors are now effectively demanding more money to lend to the government over shorter periods of time. That is an indication investors expect economic growth to decline soon — perhaps within a year — and that the Federal Reserve will need to cut interest rates below where they are currently to help an ailing economy.
Source: NY Times
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 1, 2019.
Source: Kansas City Business Journal
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