Ranson Financial, Author at Ranson Financial Group LLC

De Soto won’t lose small town feel with construction of Panasonic battery plant

Ground breaking at the site of the Panasonic plant in De Soto, Kansas, will begin in September, according to officials. The small city, with fewer than 6,500 people, was selected as the construction site of the $4 billion battery plant expected to employ 4,000 workers. City officials say the plant is good for De Soto but there are challenges that come with it. “You know, it’s big, but you don’t realize how big it is until you start having meetings with the consultants, with Panasonic, with all the other interested parties and realize just what a complicated task it is,” said City Administrator Mike Brungardt.
Source: KCUR

Ranson Financial2022-08-31T07:12:18-05:00August 30, 2022|News|

3 small quakes recorded in Graham County

Three small earthquakes were reported Tuesday morning in northwest Kansas. The first earthquake hit around 4:53 a.m. and measured around 2.7 in magnitude. The second tremor happened about 3 minutes later and measured 2.6. The smallest, a 2.1, struck about a minute before 5 a.m. All of the earthquakes happened west of the city of Bogue near the Rooks County line.
Source: KSN-TV

Ranson Financial2022-08-31T07:12:33-05:00August 30, 2022|News|

Topeka city manager search narrows, next step is meet & greet

The City of Topeka started the next phase in its search for the next city manager on Tuesday. … The four candidates being reviewed by the city’s governing body include Mike Harmon, David Johnston, Stephen Wade, and Abbe Yacoben. Each candidate will take part in two interview panels Tuesday. One panel will be with the governing body while the other will be with community stakeholders.
Source: KSNT 27 News

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

Shawnee Town 1929 chapel would be new events venue on historic site

Shawnee officials are considering adding a small chapel to the Shawnee Town 1929 historic site in the city’s downtown area. The chapel, intended to replace a church that was formerly located in the historic area, is included in the proposed capital improvements plan that is awaiting approval by the city council. Once built, it would be available for weddings and events, making it a potential revenue-generating source, said Tonya Lecuru, director of the city’s parks and recreation department.
Source: Shawnee Mission Post

Ranson Financial2022-08-31T07:36:07-05:00August 30, 2022|News|

Western Kansas’ economy threatened by reliance on Ogallala Aquifer

Tentacles of the irrigation-based agriculture economy of Kansas extend far from fields of lush, tall corn to the ethanol producers, dairy and beef facilities, meatpacking plants, and finally the homes of people living in the state’s rural areas. Earl Lewis, chief engineer of water resources with the Kansas Department of Agriculture, told state legislators Monday this chain could be broken in some areas of the state as consumption of groundwater from the Ogallala Aquifer continued to outstrip natural replenishment. “We’ve got a multibillion-dollar industry built on that economy,” said Lewis, pointing to maps showing swaths of western Kansas counties fed by the Ogallala wouldn’t sustain another generation of hefty irrigation. “That’s really where we see a significant change in the economy.”
Source: The Iola Register

Ranson Financial2022-08-30T23:30:44-05:00August 30, 2022|News|

Riley County updates social media policy, Health Dept applies for new grant

Riley County Public Information Officer Vivienne Uccello proposed an update to the employee social media policy at Monday’s Commissioner meeting. It mainly applies to the deletion of public comments on county-run sites. Uccello explains what will be deleted: She said while private companies can delete any comment they want to; the county rarely deletes comments because it is a 1st amendment right to criticize the government. Staff will flag suspicious comments, and a supervisor will review it. The policy applies to all departments. The commissioners unanimously approved the update.
Source: 1350 KMAN

Ranson Financial2022-08-31T07:36:57-05:00August 30, 2022|News|

New Pittsburg FD gear provides life-saving cyanide antidote kits

When someone dies from smoke inhalation, it’s due to a fatal build-up of cyanide poisoning. But three new kits that have been delivered to the Pittsburg Fire Department are designed to prevent that fatal build-up from happening. Fire Chief Dennis Reilly says some area hospitals have “Cyanokits” but says it can be too late to reverse the damage if they can’t be administered quickly enough. Reilly says bringing the kits with them to each fire and administering them on-site gives victims a better chance of survival. “Provide that treatment at the point of injury as opposed to waiting to transport people to the hospitals so we can start doing these interventions quicker which we believe will enhance survivability for smoke inhalation victims,” said Reilly.
Source: KSNF/KODE

Ranson Financial2022-08-31T07:37:41-05:00August 30, 2022|News|

Appeals court rules against NextEra Energy in a lawsuit against Reno County over wind farm

The state’s appellate court has upheld a finding that petitions by opponents of a large commercial wind farm in the southeast quadrant of Reno County were legally sufficient to force a unanimous County Commission vote on a permit for the proposed development. The ruling against Pretty Prairie Wind LLC, a subsidiary that NextEra Energy created to develop the project, came more than two years after the Florida-based multinational corporation appealed a ruling by now-retired Reno County District Judge Tim Chambers.
Source: Hutch News

Ranson Financial2022-08-30T06:58:39-05:00August 30, 2022|News|

Municipal Bond Trends for August 29, 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 Financial2022-08-30T06:52:58-05:00August 30, 2022|News|

Fed rate hikes won’t bring down inflation as long as government spending stays high, paper says

Federal Reserve Chairman Jerome Powell proclaimed Friday that the central bank has an “unconditional” responsibility for inflation and expressed confidence that it will “get the job done.” But a paper released at the same Jackson Hole, Wyoming summit where Powell spoke suggests that the Fed can’t do the job itself and actually could make matters worse with aggressive interest rate increases. In the current case, inflation is being driven largely by fiscal spending in response to the Covid crisis, and simply raising interest rates won’t be enough to bring it back down, researchers Francesco Bianchi of Johns Hopkins University and Leonardo Melosi of the Chicago Fed wrote in a white paper released Saturday morning.
Source: CNBC – Bonds

Ranson Financial2022-08-29T23:55:08-05:00August 29, 2022|News|

About Ranson Financial

De Soto won’t lose small town feel with construction of Panasonic battery plant

3 small quakes recorded in Graham County

Topeka city manager search narrows, next step is meet & greet

Shawnee Town 1929 chapel would be new events venue on historic site

Western Kansas’ economy threatened by reliance on Ogallala Aquifer

Riley County updates social media policy, Health Dept applies for new grant

New Pittsburg FD gear provides life-saving cyanide antidote kits

Appeals court rules against NextEra Energy in a lawsuit against Reno County over wind farm

Municipal Bond Trends for August 29, 2022

Fed rate hikes won’t bring down inflation as long as government spending stays high, paper says

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