Powell vows that the Fed is ‘acutely focused’ on bringing down inflation

2022-06-17T07:54:47-05:00June 17th, 2022|

Federal Reserve Chairman Jerome Powell reiterated the central bank's commitment to bringing down inflation, saying Friday that it's essential for the global financial system. "The Federal Reserve's strong commitment to our price stability mandate contributes to the widespread confidence in the dollar as a store of value. To that end, my colleagues and I are acutely focused on returning inflation to our 2 percent objective," Powell said in introductory remarks for a Fed-sponsored conference on the global role of the U.S. currency. Those remarks come two days after the Federal Open Market Committee voted to raise benchmark interest rates by three-quarters [...]

Lawrence Police Department creates position devoted to diversity and community engagement

2022-06-17T07:52:07-05:00June 17th, 2022|

The Lawrence Police Department has announced changes to its organizational structure, including the creation of a new position in the chief’s office devoted to diversity and community engagement. According to the announcement, which came this week in a memo to the Lawrence City Commission, Lt. Myrone Grady, who already is employed by LPD, has been named as the department’s first executive officer for diversity and community engagement. Source: LJWorld

City of Olpe hosts roughly 600 visitors as part of Biking Across Kansas tour Thursday night

2022-06-17T07:37:26-05:00June 17th, 2022|

The City of Olpe played host to several hundred cyclists from across the state Thursday evening. Riders in the annual Biking Across Kansas event concluded day six of their journey across the state at Olpe High School where students, staff and residents put on a special meal to welcome roughly 600 individuals. ... USD 252 Superintendent Mike Argabright says he was grateful for the opportunity to showcase the Olpe community to the visiting riders. Source: KVOE Emporia Radio

Municipal Bond Trends for June 16, 2022

2022-06-17T07:26:13-05:00June 17th, 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.

Bourbon County Jail Inmates Moved to Other Counties

2022-06-17T07:24:44-05:00June 17th, 2022|

Bourbon County Jail inmates are being sent to other counties, according to the Bourbon County Law Enforcement Center Administrator. “The Bourbon County Jail will be farming out most, if not all, of their inmates to other counties in southeast Kansas,” said Major Bobby Reed in an email with the daily reports sent to news entities. “The facility is doing this because of staffing shortages.” “Approximately 56 inmates out of 65 are being housed elsewhere,” Reed noted to fortscott.biz.” The cost (to the county) is $40 per day per inmate.” That amounts to $2,240 per day in payments to other counties, by [...]

Fireworks to be discharged in North Newton for one day

2022-06-17T07:23:35-05:00June 17th, 2022|

A couple of citizens expressed concerns during the Monday night North Newton City Council meeting about extending the days fireworks can be ignited in town during a lengthy discussion about the matter. Gwen Neufeld and Evelyn Adams were against the proposed idea of extending the days to Saturday and Sunday, since the Fourth of July in on a Monday this year. The amount of time fireworks can be discharged in North Newton is only on the Fourth of July. “There’s a reason people don’t want to live on the other side of the railroad tracks,” Neufeld told the council, adding the [...]

Girard police officer & restauranter to compete in Nat’l BBQ competition

2022-06-17T07:20:50-05:00June 17th, 2022|

The search to find one of the best outdoor cooks could hold the power to help make a Southeast Kansas couple's dream come true. "I never for a moment thought I was going to make it as far as I have," said James Jarvis, Hero's BBQ Co-Owner. Girard Police Officer James Jarvis is currently competing in the Char Champion Competition, a search to find one of the best outdoor cooks in North America. "If I'm not mistaken, there were approximately 25,000 plus entrants in this competition. We've been fortunate enough to advance to the quarterfinals," said Mr. Jarvis. Source: KSNF/KODE

KDOT bridge inspector resigns after railing falls in Topeka

2022-06-17T07:20:25-05:00June 17th, 2022|

KDOT announced Thursday one of its bridge inspector has resigned after pieces of the Polk-Quincy Viaduct fell from the bridge earlier this week. KDOT said it conducted an internal review of the bridge inspection process. During that review, KDOT discovered the inspection of the Polk-Quincy Viaduct on May 23, 2022, did not follow protocols, according to a press release. This comes after a 60-foot barrier wall fell off the Polk-Quincy Viaduct into an empty parking lot on June 11. The falling wall was likely due to high temperatures and deterioration of the steel that connects the concrete barrier to the viaduct deck. Source: KSNT [...]

Wichita’s housing market is still hot, but what about future sales — and appraisals?

2022-06-16T08:20:47-05:00June 16th, 2022|

Nationally, the housing market may be experiencing a correction, but in Wichita, there’s still a boom on. That’s because the greater Wichita area is still seriously short of houses, so it comes down to supply and demand. “It’s economics 101,” said John McKenzie, president and CEO of Coldwell Banker Plaza Real Estate, who is in his 50th year in real estate. He said the past 24 months — particularly the past 12 months — are like nothing he’s seen before. That includes potential buyers “crawling all over each other other” at a home with 18 showings in a day and, in [...]

Douglas County Commission denies petition to incorporate City of Clearfield

2022-06-16T08:12:46-05:00June 16th, 2022|

Douglas County won’t be adding a new city within its borders for now, after the Douglas County Commission denied a petition to incorporate the proposed City of Clearfield following a three-hour public hearing on Wednesday night. The commission cited a few chief concerns as reasons for that decision. Among them were that there was no concrete plan for how to provide city government services and that the 18-square-mile boundary proposed for the community — which would have made Clearfield roughly the 13th-largest city in the state by land area covered — might have a maximum population density of only dozens of [...]

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