info2022-05-23T07:27:28-05:00May 23rd, 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.
info2022-05-23T07:26:56-05:00May 23rd, 2022|
Sedgwick County is looking for people to adopt a siren. The person would be a siren observer for one of 152 outdoor warning sirens in the county. The sirens are tested every Monday at noon, barring holidays, and inclement weather. The county said even with all the technology and two-way communication they still rely on human observation. The county encourages anyone within an eye-shot of a siren to sign up here. Source: KSN-TV
info2022-05-23T07:18:50-05:00May 23rd, 2022|
Municipal bonds still have a role to play in financing infrastructure despite the billions unleashed by the new federal law and state and local governments that are brimming with cash. “There is of course the need to leverage this money in order to get projects done,” said Patrick Brett, managing director of municipal debt capital markets at Citigroup, during an online briefing on the deployment of the Infrastructure and Investment Jobs Act hosted by the Volcker Alliance and Penn Institute for Urban Research. The $1.2 trillion IIJA includes about $550 billion in new money, which will be spent over the next [...]
info2022-05-23T07:26:32-05:00May 23rd, 2022|
Governor Laura Kelly today announced the 11 recipients of the Broadband Acceleration Grant program resulting in more than $10 million of investment in high-speed broadband access across 10 rural Kansas counties. “We’re continuing to deliver on our bold and ambitious goal to make Kansas a top 10 state for broadband access by 2030,” Governor Laura Kelly said. “Affordable broadband is necessary for our communities to remain viable and competitive, and every Kansan deserves a reliable connection to the world. These grants accelerate our efforts to make that a reality.” Source: Kansas Department of Commerce
info2022-05-23T07:12:29-05:00May 23rd, 2022|
Municipals were better Friday after catching a bid in the secondary, finally following U.S. Treasuries in a flight-to-quality, while still underperforming, keeping valuations above 100% on the 10- and 30-year. Equities pared back earlier losses to end mixed after the S&P 500 dipped into bear market territory earlier in the session. "The correlation between stocks and U.S. Treasuries is finally starting to normalize," noted Barclays PLC in a weekly report. "Whereas the two were selling off or rebounding in sync amid higher inflation expectations and a hawkish Fed, over the past several weeks, the relationship has reverted to historical averages, with [...]
info2022-05-23T07:05:33-05:00May 23rd, 2022|
The state of Kansas must pay former pizza executive Gene Bicknell more than $63 million to settle a long-running dispute over his tax bill. The court ruled on Friday that Bicknell was a Florida resident in 2005 and 2006 when he sold NPC International, which owned more than 800 Pizza Hut locations around the world. The Kansas Department of Revenue argued the Bicknell, a longtime resident of Pittsburg, set up a residence in Florida to avoid paying taxes on the sale to Kansas. In 2010, it ordered him to pay $42 million to the state. The case wound through several courts [...]
info2022-05-23T07:03:17-05:00May 23rd, 2022|
Dear Cindy Crandall, I wanted to congratulate you and your newlywed husband, Doug, on your wedding. It is 1983, The Joy of Painting with Bob Ross just debuted on PBS, Michael Jackson’s “Thriller” has taken over your radio, and I’m sure that Doug’s hunting for teaching jobs. Be on the lookout for a town called Deerfield. Sure, it’s hours away from your life and family in Salina. The smell … isn’t great. You may think, “Sure, but only for two, maybe three years, tops.” Trust me when I say that in this humble town just west of Garden City, you will [...]
info2022-05-23T07:00:19-05:00May 23rd, 2022|
The rain cleared up just in time for some charity work in Southeast Kansas. The Girard Area Community Foundation's second annual charity golf tournament teed off at Crawford Hills Golf Course this morning. The event is meant to help offset the cost of operations for the foundation, and in turn provide more grants to local non-profits to help promote long term growth in the area. According to foundation president Zach Adams, the tournament raised five thousand dollars its first year. Source: KSNF/KODE
info2022-05-23T06:58:21-05:00May 23rd, 2022|
County residents who did not attend the Miami County Comprehensive Plan open house May 17 in Paola have an opportunity to review the plan online. A virtual public open house is available from Thursday, May 19, to Thursday, June 2, on the project’s website: www.miamicountyksplan.com. The public can access the plan anytime during that two-week period. The virtual open house provides an opportunity to view the draft plan concepts and ideas and provide input on the county’s future, according to a news release from the county’s Planning and Zoning Department. Source: Local News | republic-online.com
info2022-05-23T07:24:12-05:00May 23rd, 2022|
Kansas drivers should expect increased police presence starting Sunday, as state and local law enforcement agencies focus on enforcing seat belt and child restraint laws. The Sedgwick County Sheriff’s Office and Wichita Police Department will join the Kansas Highway Patrol and around 160 other law enforcement agencies in the annual Click It or Ticket campaign. The effort will run through June 2 for police, June 3 for KHP and June 4 for sheriff’s deputies. Wichita has had 19 traffic fatalities so far this year and most could have been prevented if people would have worn seat belts, said Trevor Macy, a [...]
