Ranson Financial, Author at Ranson Financial Group LLC

Tax relief program for small Kansas businesses

The state is launching the COVID-19 Retail Storefront Property Tax Relief program in October and small business owners should prepare now. House Bill 2136 passed back in June invests $50 million to help small Kansas businesses recover from the COVID-19 pandemic. This program is funded through the American Rescue Plan… Information detailing the application process and dates for the COVID-19 Retail Storefront Property Tax Relief Program is expected from the Kansas Department of Revenue. People will have until April 15, 2023, to file an application for this financial assistance.
Source: KSNT 27 News

Ranson Financial2022-09-01T06:57:47-05:00September 1, 2022|News|

Federal grant to help plug abandoned wells

The Kansas Corporation Commission received a $25 million federal grant to help plug 2,352 abandoned oil and gas wells in the state, most of them in eastern Kansas counties. The initial grant is part of $1.15 billion earmarked under the Federal Infrastructure Investment and Jobs Act to help states remediate abandoned oil and gas wells. Over the next eight years, $4.7 billion has been allocated to plug abandoned wells in the U.S. The KCC is eligible to receive another $33.6 million in future formula grant funding, according to a KCC release on the grant award. “These federal grants provide Kansas with a one-time opportunity to help address the issue of abandoned wells in Kansas while helping the economy by providing good paying jobs for several years,” said Ryan A. Hoffman, KCC Conservation Division director.
Source: Parsons Sun

Ranson Financial2022-09-01T00:32:58-05:00September 1, 2022|News|

$1.4 Million in Grants for Amelia Earhart Airport in Atchison

U.S. Senators Jerry Moran (R-Kan.), Roger Marshall, M.D. (R-Kan.) and Congressman Jake LaTurner (KS-02) today announced two grants totaling $1,454,770 from the Federal Aviation Administration (FAA) for the Amelia Earhart Airport in Atchison. These resources – the combined total of a $1,167,300 grant and $287,470 grant – will be for design and land acquisition reimbursement associated with the planned Runway 9/27 (non-construction phases). Runway 16/34 is the existing runway, which will be abandoned. Runway 9/27 will be 4,000 ft. in length.
Source: Atchison Globe Now

Ranson Financial2022-09-01T06:58:34-05:00September 1, 2022|News|

Valley Heights voters turn down school bond

Voters in Valley Heights USD 498 turned down an $18.54 million proposal Tuesday to issue bonds for school improvements, including building an addition at the junior-senior high school complex and moving elementary students there. The first question, which asked voters to build a new elementary school at the junior-senior high campus, failed 475-230 in Tuesday’s special election. A second question on whether to make improvements to other district buildings also went down, 442-244.
Source: The Marysville Advocate

Ranson Financial2022-09-01T00:27:56-05:00September 1, 2022|News|

Saline County commissioners discuss innovation, examining failure & progress

Saline County commissioners and other staff met in the basement of the Salina Masonic Temple for a special workshop meeting focused on innovation in government. On Tuesday, 11 members of county staff attended the plenary study-session-style presentation by Andi Mirviss with the Centre for Public Impact. The goal of the session was not to leave with immediate solutions but to become inspired with potential ideas to overcome challenges in local government.
Source: Salina Journal

Ranson Financial2022-08-31T07:49:44-05:00August 31, 2022|News|

Municipal Bond Trends for August 30, 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.

Ranson Financial2022-08-31T07:38:15-05:00August 31, 2022|News|

Fed’s Williams pushes back on market expectations of a rate cut next year

New York Federal Reserve President John Williams said Tuesday he expects interest rates to continue higher and to remain at those levels until inflation is subdued. Echoing recent comments from Fed Chairman Jerome Powell, Williams told the Wall Street Journal that he also is in the higher-for-longer camp when it comes to monetary policy. “We’re going to need to have restrictive policy for some time,” he said in a live interview. “This is not something we’re going to do for a very short period and then change course.” That outlook comes just a few days after Powell also used the “for some time” language to describe his expectations for benchmark interest rates. In his annual policy speech at Jackson Hole, Wyoming, the Fed chief noted that “the historical record cautions strongly against prematurely loosening policy.”
Source: CNBC – Bonds

Ranson Financial2022-08-30T23:50:53-05:00August 30, 2022|News|

Fed officials renew rate-hike theme while staying vague on size

Federal Reserve officials, picking up where they left off over the weekend in Jackson Hole, stressed their commitment to defeating inflation while remaining vague on how big their policy move will be next month. Three regional Fed presidents reiterated in separate remarks on Tuesday that curbing the hottest prices in almost 40 years was their top priority, with New York Fed chief John Williams agreeing interest rates probably need to advance above 3.5% at some point to achieve their goal. “You do need to get a little bit, or somewhat above that, because you’re trying to get not just to neutral, you’re also trying to get demand back in line with supply,” he said during a virtual Wall Street Journal interview in which he pushed back against market bets that the Fed would cut rates next year. “It’s going to take some time before I would expect to see adjustments of rates downward.”
Source: The Bond Buyer

Ranson Financial2022-08-30T23:49:09-05:00August 30, 2022|News|

Demand High for Investments in State’s Broadband Infrastructure

Governor Laura Kelly’s goal of connecting all Kansans to high-speed broadband internet has piqued the interest of individuals and communities throughout Kansas. It also has garnered strong attention from providers seeking to make that last-mile connection. Lieutenant Governor and Secretary of Commerce David Toland announced today that 141 applications have been submitted for the Capital Projects Fund-Infrastructure Program (CPF). The service providers’ funding requests total almost $600 million for the available $83.5 million in funding provided by the U.S. Department of Treasury under the American Rescue Plan Act. “The overwhelming response to the funding opportunity demonstrates the vast need for high-speed broadband across the state,” Lieutenant Governor Toland said. “Such volume shows that we must continue investing in broadband until every Kansan is connected.”
Source: Kansas Department of Commerce

Ranson Financial2022-08-31T07:11:02-05:00August 30, 2022|News|

Delays impacting Pottawatomie County emergency radio system upgrade

Pottawatomie County commissioners received a less than favorable status update Monday to its ongoing radio systems upgrade, that could see delays well into next year. Motorola representative Richard Nita told commissioners about supply chain delays for the shipment of generators, which had previously been noted to be around 52-weeks. He says their distributor now expects those to be available by the middle of next summer, at best. It was also noted that shelters for the three tower sites are on a 16-week wait, however Topeka-based TFM Comm, whom Motorola is contracted with, had not placed the order as of Monday.
Source: 1350 KMAN

Ranson Financial2022-08-31T07:11:37-05:00August 30, 2022|News|

About Ranson Financial

Tax relief program for small Kansas businesses

Federal grant to help plug abandoned wells

$1.4 Million in Grants for Amelia Earhart Airport in Atchison

Valley Heights voters turn down school bond

Saline County commissioners discuss innovation, examining failure & progress

Municipal Bond Trends for August 30, 2022

Fed’s Williams pushes back on market expectations of a rate cut next year

Fed officials renew rate-hike theme while staying vague on size

Demand High for Investments in State’s Broadband Infrastructure

Delays impacting Pottawatomie County emergency radio system upgrade

Services

Company