News – Page 1039 – Ranson Financial Group LLC

Fed officials Waller and Bullard back another big interest rate increase in July

info2022-07-07T22:44:51-05:00July 7th, 2022|

The Federal Reserve is well on its way to another sharp interest rate hike in July and perhaps September as well, even if it slows the economy, according to statements Thursday from two policymakers. Fed Governor Christopher Waller left little doubt that he believes increases are necessary if the institution is to meet its duties, and the market's expectations, as an inflation fighter. "I'm definitely in support of doing another 75 basis point hike in July, probably 50 in September, and then after that we can debate whether to go back down to 25s," Waller told the National Association for Business [...]

Atchison E-Community Program Renews

info2022-07-07T22:40:42-05:00July 7th, 2022|

Atchison E-Community Program has been offering gap financing loans since 2017. The loans are for small business start-ups, expansions and acquisitions. Businesses like laundromats, coffee shops, wine bars, contractors and hair salons have used this locally controlled, revolving loan fund as gap financing to make their small business ideas work. In the past five years of operation the Atchison E-Community Program has now closed over 30 loans totally nearly $1.5 million in gap financing for local small businesses. Currently, the Atchison E-Community's loan portfolio has no failed loans and no accounts past due. Source: City Government | atchisonglobenow.com

Derby updates employee pay matrix for 2022

info2022-07-08T07:30:11-05:00July 7th, 2022|

Per a move to more routine pay studies, an updated pay matrix was brought before and approved by the Derby City Council at its June 28 meeting. The first pay studies of 2022 – with plans for a second round in the fall – looked at 26 positions and compared employee pay with that of similar positions in 11 different cities and counties based on population, proximity to Derby, etc. The average population of the nine similar cities was 29,358. Source: Derby Informer | News

Sedgwick police chief becomes interim city administrator

info2022-07-08T07:30:31-05:00July 7th, 2022|

For the next six months, Brian Daily will be both Sedgwick’s police chief and its city administrator. The city council voted Wednesday to hire Daily as interim city administrator, effective through Jan. 1, 2023. He will continue with his duties as police chief, a position he’s held since June of 2020. “It’s going to be busy, without a doubt,” he said. “But I think there’s a degree of overlap already between the positions.” He noted that over the past year, he had already been taking on more administrative responsibilities. “It’s going to be a lot to accomplish, but we have a [...]

Bomb threat closes Dodge City Community College campus

info2022-07-07T22:30:12-05:00July 7th, 2022|

On Thursday, Dodge City Community College was closed due to a bomb threat. According to a press release from Dodge City Community College, at 1:04 p.m. they received a call from a person saying there was a bomb in the art room. They say the caller described the bomb, described its location in the back of the classroom and that it would go off in just over an hour. Police, Fire and EMS responded and coordinated with campus security to evacuate the area and sweep the stated location. They did not find anything. It was also learned that the same report [...]

Prairiefire sets date to pay outstanding Overland Park bond interest

info2022-07-08T07:31:20-05:00July 7th, 2022|

An Overland Park mixed-use heading into its development home stretch later this month will settle up on bond interest it has owed, in part, for more than two years. UMB Bank has scheduled July 22 as the date to pay $286,465 in bond interest, on which Prairiefire previously had defaulted, with a special record date set for Monday, according to a June 30 event notice. The bank is trustee for $14 million in community improvement district (CID) revenue bonds issued by Overland Park in 2012 to help finance Prairiefire through sale tax revenues generated at the development. Prairiefire is located between Lamar [...]

Roeland Park moves toward offering curbside glass recycling program

info2022-07-08T07:32:54-05:00July 7th, 2022|

The Roeland Park City Council took further steps Tuesday night toward offering curbside glass recycling to residents. The council authorized city staff by a 6-1 vote to create a draft agreement with Ripple Glass of Kansas City, Missouri, to provide glass recycling for an estimated $94,500 a year. ...In a Roeland Park citizen survey last year to rate support for a curbside glass recycling program that would cost $3.50 a month per household (regardless of participation), 34% said they were very supportive of such a program and 34% said they were not supportive. The city approved a six-month pilot program in August [...]

Prairie Village’s $10K radio donation makes it to Ukrainian sister city

info2022-07-08T07:35:35-05:00July 7th, 2022|

Prairie Village’s donation of $10,000 worth of radios to its Ukrainian sister city, Dolyna, have been received and are being put into action. Prairie Village developed a sister city relationship with Dolyna, Ukraine, in the early 2000s. Though the two cities hadn’t been in touch often in recent years, when the news about the Russian invasion broke, Prairie Village city staff worked to rekindle the relationships. Dolyna is located in the western part of the country in the Ivano-Frankivsk oblast, or district. The western Ukrainian city is acting as a hub for the collection of humanitarian aid. Source: Prairie Village Post

85 Airports Awarded Nearly $1B for Terminal Improvements

info2022-07-08T07:35:44-05:00July 7th, 2022|

The Federal Aviation Administration awarded nearly $1 billion to airports across the country for projects that will improve terminal capacity, efficiency and accessibility, according to a release from the administration. The money, which was made available in the Infrastructure Investment and Jobs Act, will be distributed among 85 airports, the FAA said. This is the first round of grants; under the law, the FAA will annually administer $1 billion in airport terminal grants for five years. “Americans deserve modern airports that meet the needs of their families and growing passenger demand,” said U.S. Transportation Secretary Pete Buttigieg in the release. The [...]

Randy Smith officially hired to lead Cowley College

info2022-07-08T07:34:11-05:00July 7th, 2022|

The Cowley College Board of Trustees hired Randy Smith to become the next president of the college starting Monday. The board held a short meeting Wednesday to approve a contract with Smith. The meeting followed a farewell reception in the Wright Room for current president Dennis Rittle, who will become president at Northwest Arkansas Community College next week. Source: The Arkansas City Traveler