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Investors revisit muni bonds amid higher yields and strong credit

2022-06-02T08:07:42-05:00June 2nd, 2022|

It's been a tough year for municipal bonds, with investors cashing out amid rising interest rates. However, higher yields and strong credit may be sparking a shift, experts say. While investors piled a record-breaking $96.8 billion of net money into U.S. muni mutual and exchange-traded funds in 2021, weekly inflows have been negative for most of 2022, according to Refinitiv Lipper data. Last week's numbers were still negative, but outflows slowed significantly, signaling more interest, according to Tom Kozlik, head of municipal research and analytics at HilltopSecurities. Source: CNBC - Bonds

The Fed’s Mary Daly says rate hikes should continue until inflation is tamed

2022-06-02T08:26:54-05:00June 2nd, 2022|

San Francisco Federal Reserve President Mary Daly said Wednesday she backs raising interest rates aggressively until inflation comes down to a reasonable level. Those moves likely would entail multiple 50 basis point hikes at coming meetings, then a possible rest to see how the central bank policy tightening is combining with other factors to impact the massive surge in consumer prices. "We need to that expeditiously, and I see a couple of 50 basis point hikes immediately in the next coupe of meetings to get there," she told CNBC's Steve Liesman during an interview on "TechCheck." "Then we need to look [...]

WSU to help Kansas communities prep, recover from natural disasters

2022-06-02T08:04:53-05:00June 2nd, 2022|

An interdisciplinary team from Wichita State University will participate in a $24 million state initiative to help rural and urban communities prepare for and recover from natural disasters. Wichita State is one of 17 Kansas universities and colleges participating in the Adaptive and Resilient Infrastructures driven by Social Equity (ARISE) project, funded by the National Science Foundation and the state of Kansas. The Wichita State team will lead power-system work and capital-asset management to address resilience and infrastructure responses to disaster and extreme weather events. Source: Derby Informer | Area

Grant bring new tech to Barton County

2022-06-02T08:32:24-05:00June 2nd, 2022|

The United States Department of Agriculture’s Distance Learning and Telemedicine Grant has allowed Barton County to upgrade antiquated connectivity technology and bring more business to the area, said Information Technology Director Dereck Hollingshead, giving an update on the program to the County Commission Wednesday morning. Source: Great Bend Tribune

KDWP stocks pond ahead of Sedgwick’s inaugeral fishing derby

2022-06-02T08:03:12-05:00June 2nd, 2022|

Sedgwick’s pond is stocked and ready to be fished. That’s the message from Sedgwick Police Chief Brian Daily and David Breth, Sportfishing Education Coordinator for the Kansas Department of Wildlife and Parks (KDWP). And just in time for the 2022 Kids Fishing Derby on Sunday, June 5 from 10 a.m. To 2 p.m. Several months ago when the pond was being dredged, Daily noticed that the pond would reach around ten-foot deep. He thought it would make a perfect fishing pond so he contacted Breth who instructed them where to lay gravel beds for fish to spawn. “We’re really proud of [...]

Riverfest preparations underway as festival comes back for first full schedule since Covid

2022-06-02T08:27:50-05:00June 2nd, 2022|

The stage is getting set up, banners of all the previous posters have been hung on the outside of Century II, and food vendors have started to set up their tents for the next week and a half. All of this is just some of the prep work for this year's Riverfest. The festival kicks off Friday and for Gary Morris, it'll be his first time back as a food vendor since 2019. "We love it because we was out with COVID and it's just awesome to be back. See all the people and have a good time, sell some food.” [...]

Overland Park will offer the city’s small business owners Covid-19 relief grants

2022-06-02T08:28:05-05:00June 2nd, 2022|

Small business owners in Overland Park now are eligible to apply for grants providing Covid-19 relief. The program is funded through the federal American Rescue Plan Act. The city and Kansas City-based Community Capital Fund have paired to create three new grant programs offering a total of $3 million and tailored to businesses owned and operated in Overland Park: The Impacted Industries Fund offers $50,000 grants to offset pandemic-induced staff loss for businesses with fewer than 250 full-time employees and making less than $2 million in revenue. Eligible industries include utilities, management of companies, information, education services, mining, quarrying, oil and [...]

City of Topeka program aims to make mowing accessible for low-income neighborhoods

2022-06-02T08:28:29-05:00June 2nd, 2022|

A new program by the City of Topeka's Changing Our Culture of Property Maintenance Initiative is aiming to make affordable mowing accessible for Topeka's low and moderate-income neighborhoods, as well as those living in Neighborhood Improvement Association areas. ... The city is currently seeking proposals from businesses, organizations or people interested in developing and running the mowing service pilot program. The city said it will provide up to $25,000 to get the program started. Source: KSNT 27 News

Experienced administrator to take helm of Osawatomie USD 367

2022-06-02T08:28:41-05:00June 2nd, 2022|

An experienced administrator has been hired to be the new Osawatomie USD 367 superintendent. During a special meeting Tuesday, May 31, the school board voted to hire Greg Clark to take the helm as the district's top administrator. Clark will assume his new duties at the beginning of the new 2022-23 school year on July 1. Clark is currently serving his eighth year as superintendent of Central Plains USD 112 in Holyrood, Kan., which is located in Barton County. Previously, Clark served as the PK-5 elementary principal at Ewalt Elementary in Augusta, Kan., for eight years. He began his career in [...]

Andover is planning its next 10 years and wants to hear the community’s thoughts

2022-06-02T07:50:01-05:00June 2nd, 2022|

The city of Andover is getting ready to plan its next 10 years and would like the community to weigh in. The planning process ahead of the 10-year plan allows Andover residents to discuss ideas for new development and services. Opportunities for new development could include new parks and more shopping choices and restaurant and dining options. “Community members will play an integral role in defining the characteristics that make our city unique,” said Assistant Director of Community Development Justin Constantino. Source: Local News | Wichita Eagle

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