info, Author at Ranson Financial Group LLC

Future of passenger air service looking bright in Salina

info2022-05-18T07:11:39-05:00May 18th, 2022|

Although the current carrier, SkyWest Airlines, has been quiet after announcing it will be terminating service in the community, the Salina Airport Authority is encouraged about the future of passenger service to and from Salina. Tim Rogers, the executive director for the airport authority, updated the Salina City Commission Monday about the situation, and said that a proposal was submitted last week to the United States Department of Transportation (U.S. D.O.T.) for Essential Air Service (EAS) to the airport. “One proposal was received from Denver Air Connection...proposing 50-seat regional jet service to and from Salina and Denver, with an option for [...]

Municipal Bond Trends for May 17, 2022

info2022-05-18T07:06:40-05:00May 18th, 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.

Powell says the Fed will not hesitate to keep raising rates until inflation comes down

info2022-05-18T06:58:32-05:00May 18th, 2022|

Federal Reserve Chair Jerome Powell emphasized his resolve to get inflation down, saying Tuesday he will back interest rate increases until prices start falling back toward a healthy level. "If that involves moving past broadly understood levels of neutral we won't hesitate to do that," the central bank leader told The Wall Street Journal in a livestreamed interview. "We will go until we feel we're at a place where we can say financial conditions are in an appropriate place, we see inflation coming down. "We'll go to that point. There won't be any hesitation about that," he added. Earlier this month, [...]

City of El Dorado closes pool for summer

info2022-05-18T00:36:58-05:00May 18th, 2022|

The City of El Dorado’s city manager, David Dillner announced on Tuesday morning the city public pool will be closed for the summer and maybe into next summer due to an electrical grounding issue at the pool. For the city of El Dorado, they were set to open the pool on Saturday, May 28 but Dillner announced on Facebook, an electrician was helping the city replace bulbs discovered the pool’s grounding system for the municipal pool had been compromised. “Due to the corrosive nature the pool environment and due to the fact the pool is about 50 years or so old [...]

Gov. Kelly signs autonomous vehicle bill into law

info2022-05-18T00:34:34-05:00May 18th, 2022|

Gov. Laura Kelly recently signed a bill into law that will allow for the expansion of driverless vehicles in Kansas under certain circumstances. Senate Bill 313 allows for autonomous vehicles to operate without a human driver when the vehicle can perform basic safety measures like moving to the shoulder of a road and operate under basic road rules. It also requires that the vehicles don't weigh more than 34,000 pounds on a tandem axle. The new law establishes an Autonomous Vehicle Advisory Committee, an agency that will be responsible for tracking the use and development of driverless vehicles in the state. [...]

Wichita among 23 Kansas airports receiving U.S. DOT grant

info2022-05-18T06:59:51-05:00May 18th, 2022|

On May 16, U.S. Senators Jerry Moran and Roger Marshall announced a round of grants from the U.S. Department of Transportation that will be going to 23 Kansas airports. The grants will be used to make repairs and upgrades at the airports. Among the airports selected for grant funding was Wichita’s Dwight D. Eisenhower Airport, which will receive more than $15 million to assist with qualifying projects. Source: Derby Informer | Area

Manufacturer GemTech will move HQ from Olathe to Spring Hill, grow workforce by 50%

info2022-05-18T07:00:20-05:00May 18th, 2022|

An Olathe-based manufacturer will move to a new headquarters in Spring Hill and aims to increase its workforce by almost 50% in the larger space. GemTech LLC's predecessor company started about 50 years ago and has operated out of a 25,000-square-foot facility at 15665 S. Keeler St. ever since. But the plastic injection molding company has outgrown the space. Construction started in late April on its new 41,250-square-foot manufacturing facility at 185th Terrace and Webster Street. GemTech provides custom molding, design and development expertise for plastic injection molding and mold-making. The company serves the aerospace/aviation, pharmaceutical/medical, transportation, electronics and consumer product [...]

Fort Scott School District selects new superintendent

info2022-05-18T00:20:41-05:00May 18th, 2022|

USD 234 chose Destry Brown today as the new superintendent for the Fort Scott School District. School officials indicate Mr. Brown will begin his leadership of USD 234 on July 1st, 2022. Brown is currently serving as the superintendent of schools in Clinton, Mo., but the Fort Scott native says he’s excited to come back to Kansas. “I am so excited to be the new superintendent in my hometown! I look forward to serving the students, teachers, the Board and the rest of the Tiger community,” said Brown. “The Fort Scott school system has a rich history and tradition of excellence. [...]

City of Wichita files lawsuit against Genesis Health Clubs

info2022-05-18T00:12:44-05:00May 18th, 2022|

A lawsuit has been filed by the City of Wichita against Genesis Health Clubs for failure to pay back the City for bonds that were issued for improvements to the Wichita Ice Center. The lawsuit alleges that the City of Wichita financed $760,466 to Genesis Health Clubs to add a fitness center to the second floor of the Wichita Ice Center. Since then, Genesis only made the first payment of $14,127.65 back to the City in June 2017 and has paid nothing since. The City of Wichita is attempting to recover over $424,000 for breach of contract. Source: KSN-TV

Many counties in Kansas fight the rise of fentanyl in their communities

info2022-05-18T00:10:53-05:00May 18th, 2022|

It's not just Sedgwick County seeing a rise in fentanyl. Many counties in Kansas are fighting the rise of the drug in their communities. The sheriff of Barton County said he is concerned about how much fentanyl is getting into the community. He said they keep finding it in many of the drugs they seize. "Now we're finding methamphetamine that's laced with fentanyl, and we're seeing straight up fentanyl show up in our county," said the Sheriff of Barton County, Brian Bellendir. A growing concern Bellendir said will continue to get worse. "One of the problems with overdosing is people you [...]

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