About Ranson Financial

This author has not yet filled in any details.
So far Ranson Financial has created 23856 blog entries.

Caldwell begins process of updating 100-year-old water system


The United States Department of Agriculture (USDA) is investing over $2.2 million in different infrastructure and economic development projects in rural Kansas. One of those projects is in Caldwell, a town of about 1,000 that is in desperate need of water system improvements. Monday morning, the USDA Kansas Director for Rural Development, Christy Davis, announced that the USDA is investing $2,268,200 toward eight community projects across the state. For the City of Caldwell, a $479,000 loan and a $512,000 grant will supplement previous funding for improvements to the water supply system. Funds already assigned to this project include a prior award from Rural Development’s Water and Waste Disposal Loan in the amount of $1,558,000 and a Kansas Department of Commerce-Community Development Block Grant in the amount of $600,000.
Source: KSN-TV

2022-07-26T07:45:25-05:00July 25, 2022|News|

Kansas corrections system grapples with 22.6% vacancy rate among prison staff

Operations at the Lansing Correctional Facility were expected Wednesday to return to normal following lockdown of inmates and deployment of a tactical team and officers from other prisons to quell a melee in the maximum-security unit, state officials said. Violence erupted among inmates Friday night in Lansing’s A Unit and prisoners assaulted corrections officers responding to the disturbance. One inmate was hospitalized with a stab wound and several corrections officers were injured, the union representing officers said. David Thompson, spokesman for the Kansas Department of Corrections, said Tuesday the state prison in Leavenworth County had resumed normal operations in all but maximum-security units. He said an internal inquiry into the fighting, described as a riot by union representatives, would be conducted.
Source: Andover American

2022-07-26T07:46:41-05:00July 25, 2022|News|

Topeka housing market one of the ‘Hottest’ in the nation

The City of Topeka has been ranked as one of the top housing markets in both the U.S. and the state of Kansas. According to Realtor.com, Topeka’s “Hotness Rank” is 14 when compared to June’s hottest real estate markets. Affordable metros are more favorable to people looking for a deal when compared to pricey cities across the country. “Home sales continue to be strong in Shawnee County,” said Linda Briden, CEO of the Sunflower Association of Realtors. “Topeka continues to be the top housing market in Kansas and, at No. 14, one of the best housing markets in the United States. Topeka-area realtors are eager to help new families discover their next home in our incredible community.”
Source: KSNT 27 News

2022-07-26T07:47:00-05:00July 25, 2022|News|

Unemployment rates up across state for month of June

Kansas’ unemployment rate increased slightly between May and June, however, Kansas Labor Secretary Amber Schultz says employment rates are still in a good place. The state did see a robust level of hiring for the month adding 4,600 new jobs, however, due to inflation, real-hourly earnings did decline by 4.1 percent compared to June 2021. Unemployment rates were up across most of the KVOE listening area between May and June. Lyon County’s unemployment rate increased from 2.2 percent to 2.7 percent.
Source: KVOE Emporia Radio

2022-07-26T07:47:19-05:00July 25, 2022|News|

There are no dog parks in west Wichita. Some City Council members want to change that

When Reece Hembree takes his dog, Simba, to the dog park, he has to drive east. That’s because Hembree lives out west, and the closest dog park is on Meridian, in north central Wichita. “The closest one I saw was like 11 to 12 miles away, and I was like, ‘OK,’” he said. “It’s not bad, but it would be pretty convenient to have one somewhere in west Wichita.” That’s a common request, the two City Council members who represent west Wichita say.
Source: Wichita Eagle

2022-07-25T06:53:36-05:00July 25, 2022|News|

Investors Bet Fed Will Need to Cut Interest Rates Next Year to Bolster the Economy

As the Federal Reserve prepares to meet this week, Wall Street investors are betting that officials will raise interest rates aggressively through the end of the year—and then turn around and start cutting them in six months. The unusual wager reflects investors’ growing sense that the Fed is driving the economy into a recession as it tries to fight inflation, analysts said. At the same time, by constraining longer-term borrowing costs, it makes a recession slightly less likely to happen soon. That is a boost to riskier assets such as stocks, compared with a more traditional bet that rates wouldn’t boomerang so quickly. Bets on the future course of short-term interest rates play a decisive role in determining yields on U.S. government bonds. Those in turn set a floor on borrowing costs across the economy, with higher yields curbing growth and lower yields boosting it.
Source: WSJ.com

2022-07-25T06:52:52-05:00July 25, 2022|News|

USDA Invests Nearly $2.3 Million in Community Infrastructure and Economic Development in Eight Rural Kansas Communities

United States Department of Agriculture (USDA) Kansas Director for Rural Development Christy Davis today announced that USDA is investing $2,268,200 toward eight community projects across the state. … Project details of today’s eight announcements are:

  • A $33,000 grant will assist Thrive Allen County, Inc. with a Feasibility Study to create an incubator/accelerator space for Allen County. The space would increase economic development by creating an inviting, supportive space for entrepreneurs in the area.
  • A $202,000 grant will assist The Healthy Bourbon County Action Team, in conjunction with partners Pittsburg State University Small Business Development Center and Kansas Works, expand services to small businesses. Assistance provided will include access to local employment opportunities, increased access in business education, workforce development, and job training opportunities. It is anticipated that 100 full time jobs will be created.
  • A $30,200 grant will help purchase a fully equipped patrol vehicle to enhance the work of the City of South Hutchinson‘s Police Department.
  • A $55,000 loan and a $35,000 grant will help purchase four transportation vehicles for individuals with developmental disabilities in Marshall and Washington Counties. The three transport vehicles and one maintenance truck will replace older vehicles with high mileage and high maintenance costs. Once all the vehicles are put into service, they will meet the basic needs of the individuals with developmental disabilities for many years to come.
  • A $577,000 loan and a $291,000 grant will provide additional funding for renovating the water and sewer system in the City of Caney. Funds previously obligated for this project include $600,000 from the Kansas Department of Commerce and loans and grants totaling $4,765,800 from USDA Rural Development Water and Waste Disposal.
  • A $24,000 grant will be used toward an engineer to evaluate the current wastewater system for the City of Susank. A preliminary Engineering Report will outline any appropriate corrective actions needed.
  • A $479,000 loan and a $512,000 grant will supplement previous funding for improvements to the water supply system of the City of Caldwell. Funds already assigned to this project include a prior award from Rural Development’s Water and Waste Disposal Loan in the amount of $1,558,000 and Kansas Department of Commerce-Community Development Block Grant in the amount of $600,000. This project ensures that the city will have safe and reliable water for many years to come.
  • A $30,000 grant will be used to evaluate the wastewater collection system and treatment facility in La Harpe. An engineer will evaluate the current system and propose a plan for repairing and modernizing the water system. Once completed the city will have the information needed to develop a final wastewater system project.
2022-07-25T06:51:23-05:00July 25, 2022|News|

Amelia Earhart statue lands in Congress 23 years after Kansas started effort

Kansas aviation pioneer and advocate for women’s equal rights Amelia Earhart will be honored this week with a bronze statue in Congress, an effort that has taken more than two decades to accomplish. Congress will unveil the statue Wednesday, making Earhart the 11th woman enshrined in the National Statuary Hall Collection. The effort has taken 23 years since the Kansas Legislature voted in 1999 to replace the state’s two statues with Earhart and President Dwight D. Eisenhower. It took four years to get Eisenhower’s statue in Congress.
Source: Salina Journal

2022-07-25T06:40:07-05:00July 25, 2022|News|

Panasonic’s De Soto plant will put a charge into KC-area economy

Kansas and the Kansas City region are riding high after winning the megaproject known for months only as Project Ocean. Plans by Panasonic Energy Co. Ltd. to build a $4 billion electric-vehicle battery plant in De Soto bring the promise of 4,000 jobs. More than that, they position the region as a new player amid a sea change in how the world powers vehicles and other products of everyday life. “We will be the production epicenter for batteries that will power the increasing demand for EVs and a more sustainable world,” Gov. Laura Kelly said at a July 13 news conference. “A new facility of this size is transformational not only for Johnson County, but also for the surrounding area. … We’ve shown that the state of Kansas is truly a winning investment for companies small, large and mega-sized.”of Kansas. Gov. Laura Kelly says the state will be “the production epicenter for batteries that will power the increasing demand for EVs and a more sustainable world.”
Source: Kansas City Business Journal

2022-07-25T06:38:07-05:00July 25, 2022|News|
Go to Top