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Winfield Sears to close after nearly 20 years in business

2022-06-01T08:08:00-05:00June 1st, 2022|

After nearly 20 years in business, the Sears Hometown Store at 912 Main St. in Winfield will close later this year. The store, which sells appliances, tools and other equipment, is closing due to a lack of business and the inability to get products, said manager Kellie Osen, with customers having to wait months to receive orders. “People do not want to wait for refrigerators for eight months,” Osen said. Source: Cowley CourierTraveler

Municipal Bond Trends for May 31, 2022

2022-06-01T08:05:39-05:00June 1st, 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.

Leawood city administrator Scott Lambers dies unexpectedly at age 66

2022-06-01T08:01:06-05:00June 1st, 2022|

Leawood City Administrator Scott Lambers died unexpectedly at his home Tuesday morning, according to news release from the city. Lambers had worked for the city of Leawood for more than 20 years, first joining the city in 2001 after working in city management for other cities in both Kansas and California, the city’s statement said. “He was a champion of [Leawood’s] employees and a strong steward of the city’s finances,” the release said. Source: Shawnee Mission Post

Total bond issuance down in May led by 70% drop in refundings

2022-06-01T08:02:17-05:00June 1st, 2022|

Municipal issuance dropped 9% year-over-year in May, again due to a decrease in taxable and refunding volumes amid continued market volatility and rising interest rates that dominated the front half of the month. May's $32.2 billion figure is lower than the $33.884 billion 10-year average. As has been the trend in recent months, total issuance for May was down year-over-year. Pat Luby, senior municipal strategist at CreditSights, pointed to the sharp increase in yields in the three weeks of May as the biggest driver of the drop in issuance. Source: The Bond Buyer

Derby officially designated as Purple Heart City

2022-06-01T01:32:57-05:00June 1st, 2022|

At the May 24 Derby City Council meeting, Mayor Randy White officially proclaimed Derby as a Purple Heart City – bolstering the city’s ties to the military community. Given the number of military veterans who call Derby home, as well as its proximity to McConnell Air Force Base, White noted the designation made sense. And according to American Legion Family Post 408 Public Relations Representative Mike Saindon, it all started with a sign. Source: Derby Informer | News

Interim police chief wants more officers on Wichita streets, community’s help after violent weekend

2022-06-01T01:30:49-05:00June 1st, 2022|

A violent Memorial Day weekend in Wichita has the interim police chief wanting more officers on the streets and calling on residents to help curb the problem. Interim Wichita Police Chief Lem Moore was joined by several community leaders who echoed his concerns during a news conference on Tuesday. It was a message that was loud and clear, enough is enough. Leaders hope anyone who knows anything about any of the shootings will come forward. Police reported more than a half-dozen incidents of gun violence involving three deaths in the city over the holiday weekend. At around the same time same [...]

In some rural parts of Kansas, the loss of even one foster parent leaves a huge hole

2022-06-01T08:03:25-05:00June 1st, 2022|

More than half the counties in the state rely on 10 or fewer families to take in foster children. Roughly one-tenth of the counties in Kansas rely on one licensed foster home each. And those relatively few families looking after foster kids in its most remote corners struggle to get from court appointments to doctors’ visits to soccer practice where drives between appointments get measured not in minutes, but hours. Consider what Rebecca Applebee’s move from Liberal, Kansas, means to her community. Already, about half of the foster children in Seward County are living elsewhere. When Applebee leaves, there will be [...]

“United We” launches Kansas women’s economic task force

2022-06-01T01:26:30-05:00June 1st, 2022|

If more Kansas women participated in the workforce, one study shows that Kansas could grow its economy by ten to fifteen percent by 2025. That desire for growth is part of why “United We”, a non-profit aimed at advancing women’s economic and civic leadership is launching a Kansas women’s economic development task force and series of town halls. The non-profit’s CEO Wendy Doyle says she’s looking to collect data to enact policy change. “We certainly hope it gets their attention just by hearing firsthand and hearing the personal stories, that really seems to resonate with policymakers versus a quantitative research report. [...]

Bourbon Co plans projects in wake of grant program

2022-06-01T01:24:54-05:00June 1st, 2022|

Several cities in Bourbon County will be busy this summer. Along with festivals and celebrations, many will be focusing on economic development. "There's a lot of great things going on throughout the entire county, not just in Fort Scott, and we're excited about it," said Robert Harrington, Bourbon County REDI Exec. Director. This is in part thanks to the launch of the grant program from Bourbon County Regional Economic Develop Incorporated. "Since last year, our organization has given out $135,000 worth of grants, that a majority of them have been spent outside of the Fort Scott area," said Harrington. Places like [...]

‘We will not wait’: Kansas police chief promises swift action in the event of school shooting

2022-06-01T01:23:42-05:00June 1st, 2022|

A Kansas police chief is addressing the question of safety in elementary schools in the aftermath of the recent school shooting in Uvalde, Texas that claimed 21 lives. Chief Dan Trechter of the Saint George Police Department in Pottawatomie County took to Facebook on Tuesday to explain the measures that the SGPD is taking to ensure that children can go to school without fear. Trechter shared the SGPD's policy regarding rapid response and deployment in an emergency situation. According to Trechter, the policy states that, "If a suspect is actively engaged in the infliction of serious bodily harm or other life-threatening [...]

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