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Kansas towns anticipate strong tourism this summer

2022-06-26T08:04:38-05:00June 25th, 2022|

Kansas tourism is doing well but for a few hiccups due to high fuel prices, labor shortages and post COVID-19 jitters. ... Topeka, Salina and Hutchinson have noticed tourists are making plans for a visit, and the towns are getting ready for their visitors. I'd say we're we're really good so far," said Visit Topeka president Sean Dixon. "Obviously, starting the year with a dinosaur festival helps. The overall impact on the attendance numbers to our attractions have been fantastic. We just tallied everything on the T. Rex in Great Overland Station. We did 17,000 visitors for that. Source: CJonline

Frontenac Mining Days set for July

2022-06-24T07:59:15-05:00June 24th, 2022|

The Frontenac community is inviting the public to celebrate its heritage in Southeast Kansas during the 2nd Annual Frontenac Mining Days, in downtown Frontenac, beginning Thursday, July 7, and continuing through Sunday, July 10. A variety of activities are planned for Frontenac Mining Days, including the Pride Amusements carnival, contests, games, historic presentations, live bands, and street dances. The live bands and street dances will feature the Paul Holt Band on Friday, June 8, and the band Members Only on Saturday, June 9. This year the Frontenac Mining Days also added a new event for community members to participate in during [...]

SEK counties top list of best value in Kansas for property taxes

2022-06-24T07:58:28-05:00June 24th, 2022|

A new study ranks Kansas counties by the value that residents get relative to what they pay in property taxes, and the majority of the top ten are located in the southeastern region of the state. According to the study by financial technology company SmartAsset, the best value county in Kansas for property taxes is Coffey County, followed by Greenwood, Labette, and Crawford counties. The next three counties on the list — Doniphan, Brown, and Rice — are not in the southeastern quarter of the state, but Neosho and Cherokee County also made the list in 8th and 9th place respectively. [...]

Vibrant. Bustling. Wait, did you say this is a story about Topeka?

2022-06-24T07:57:29-05:00June 24th, 2022|

With the help of new life downtown and collaboration across the community, Topeka appears to be hitting its stride after years of false starts. But challenges remain and it could take time to fully  win over a populace that had significant concerns about the community’s quality of life, image and safety as recently as three years ago. On any given day or night, Topeka’s rejuvenated downtown can be bustling. Entrepreneurs selling high-end jewelry and art. The Pennant serving up gourmet burgers, arcade games and themed celebrations for the cocktail crowd, with The Tee Box beckoning golfers... Source: KLC Journal

The new voice shaping Reno County aid priorities? The public.

2022-06-24T07:56:35-05:00June 24th, 2022|

Thanks to an effort organized by civic groups, Reno County residents could weigh in about community priorities for spending about $18 million in federal pandemic relief funds. Improving the affordability and accessibility of child care overwhelmingly ranked as the highest priority. What happens next lies in the hands of elected officials, who have the last word. The people came together by twos and threes, unsure what to expect as they chatted with their neighbors and re-lived two long years of experiences battling COVID-19. In 90-minute facilitated discussions from August through October of last year, residents shared their thoughts ... Source: KLC [...]

Municipal Bond Trends for June 23, 2022

2022-06-24T06:37:37-05:00June 24th, 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.

State has $56 million for homeowners struggling to pay mortgages

2022-06-23T22:02:20-05:00June 23rd, 2022|

In the first quarter of 2022, the state of Kansas had nearly 10,000 past-due mortgages. Six of 10 of those mortgages were at least three months late and considered seriously delinquent, according to Marilyn Stanley, the program director for the Kansas Homeowner Assistance Fund. A new $56.6 million statewide program funded by the federal American Rescue Plan Act aims to help homeowners who are struggling financially due to the pandemic. The program offers up to $45,000 to homeowners for past-due mortgage payments, property tax payments, utility payments and more. Source: Derby Informer | News

Bike program helps at-risk youth in Wyandotte County

2022-06-23T21:46:51-05:00June 23rd, 2022|

High-risk youth in Wyandotte County are being helped through a program that focuses on working on bicycles and attitudes. Martin Cervantes Sr. said the program started about three months ago, and about 10 students are involved in it currently. Some of the students in the program are involved with the court system, on probation or house arrest, he said. The Lowrider and Leadership Club is the project of Cervantes, with assistance from the Olathe Lowrider Bicycle Chapter, and space provided through the KCK PAL (Police Athletic League) Program. The bike program is allowed to use space at the PAL location at [...]

Inflation poses biggest threat to IIJA rollout: U.S. DOT official

2022-06-23T21:17:32-05:00June 23rd, 2022|

Six months into the roll out of the Infrastructure Investment and Jobs Act, inflation, coupled with chronically high cost of building U.S. transportation projects, is proving to be the biggest challenge. And the longer it takes to spend the money, the more cost pressures threaten to swallow the once-in-a-generation level of funding. “Externally our biggest headwind is the current economic environment,” said Katie Thomson, director of the Bipartisan Infrastructure Law Implementation at the U.S. Department of Transportation, speaking Wednesday during a webinar on the six-month anniversary of the IIJA hosted by the Eno Center on Transportation. Source: The Bond Buyer

Fed’s Bowman backs raising rates 75 basis points in July

2022-06-23T21:16:11-05:00June 23rd, 2022|

Federal Reserve Governor Michelle Bowman said she supports raising interest rates by 75 basis points again in July and following that with a few more half-point hikes. The hawkish remarks Thursday come roughly a week after the central bank delivered the largest rate increase since 1994. Fed officials are sending a strong signal that they will do what is needed to rein in soaring inflation, while acknowledging that it’s becoming more challenging for them to achieve a soft landing on the economy. Source: The Bond Buyer

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