Abbyville Frontier Days PRCA Rodeo celebrates 60 years in the community

2022-05-20T06:34:24-05:00May 20th, 2022|

Six decades ago, the Abbyville Frontier Days PRCA Rodeo began as a small event during the last weekend before school ended. Over the decades, it grew to include the Professional Rodeo Cowboys Association, or PRCA, and thousands of attendees. Abbyville Rodeo production manager and arena director Bronc Rumford said more than 200 contestants would compete at the rodeo this year. "We'll have some kids from all over the country, but we usually have a couple of international competitors from Canada or Australia. They come from everywhere," Rumford said. Source: Hutch News

Municipal Bond Trends for May 19, 2022

2022-05-20T06:32:32-05:00May 20th, 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.

Russell – Where generations care for each other

2022-05-20T06:30:07-05:00May 20th, 2022|

Russell is more than just the hometown of Senator Bob Dole and a Main Street City. It is a community of 4,400 people who take care of each other. Part of the city’s vision is to be “a community that is truly dedicated to family, friends and neighbors where generations care for each other.” Russell is doing just that with its recent parks project completed in April 2022 with the assistance of a Community Development Block Grant. Katrina Woelk serves as the Finance Director and Treasurer for the City of Russell and has also been the local champion for the CDBG [...]

County starts planning how to pay for new jail

2022-05-20T02:55:02-05:00May 20th, 2022|

County commissioners started crunching numbers Monday as they began to look at a funding package for a new jail. Commissioners reviewed fund balances and looked at a list of commitments they have made for the federal American Recovery Plan Act funds that must be committed by 2024. They also discussed what type of cash balance they wanted to maintain for the county general fund moving forward. Source: The Marysville Advocate

Governor signs bill paying off more than $1 billion of KPERS debts

2022-05-20T06:25:03-05:00May 20th, 2022|

Governor Laura Kelly signed bipartisan legislation, Senate Bill 421, that transfers more than $1 billion from the State General Fund to the Kansas Public Employees Retirement System (KPERS). Senate Bill 421 will provide immediate and long-term benefits to the state by eliminating debt from the state’s balance sheets and reducing future employer contributions. “Balancing the budget, paying off debt and providing financial relief for Kansans has always been my top priority – and today we delivered on that promise,” Governor Kelly said. “We’re fixing the damage done to KPERS because our public service employees and retirees deserve their retirement fund to [...]

New law strengthens Kansas election security

2022-05-20T06:25:53-05:00May 20th, 2022|

Secretary of State Scott Schwab commended the signing of election security legislation that he proposed earlier this year. The bill is one of the most significant election reform measures since Kansas adopted Voter ID in 2011. It will further strengthen state election law and provide voters with additional assurances regarding the security and integrity of Kansas elections. The bill makes the following improvements to the states already rigorous election laws: Election Equipment Security: Prohibits counties from using voting equipment that has the capability of being connected to the internet, requires the Secretary of State to certify electronic pollbooks, and establishes a [...]

Kelly administration working to ‘expedite relief’ from infant formula shortage

2022-05-20T02:47:16-05:00May 20th, 2022|

Kansas' state agencies are working with the federal government to "expedite relief" from the ongoing infant formula shortage, Gov. Laura Kelly's office said Thursday. Kelly said in a statement that she has directed state agencies to “do everything in their power” to help Kansas families impacted by the shortage. “From increasing flexibility to helping eliminate barriers at check-out, my Administration is doing what is within our power to ease the impact of the national infant formula shortage on Kansas Families,” the governor said. The Kansas Department of Health and Environment (KDHE) will be the point of contact for the White House [...]

Johnson County considers $1M loan to support affordable housing project in Shawnee

2022-05-20T02:45:28-05:00May 20th, 2022|

Johnson County could soon be investing in a new affordable housing complex in Shawnee. Next week the Board of County Commissioners (BOCC) will consider issuing a $1 million loan to support the construction of the Hedge Lane Apartments. The apartment complex is a joint venture between Sunflower Development Group and Consolidated Housing Solutions. The developers intend to create a 144-unit apartment complex near 75th Street and K-7 Highway in Shawnee. Because of rising inflation and additional costs for labor and materials, developers are seeking out a loan to cover a gap in project funding. If approved, the loan from the county [...]

Kansas prepares to distribute $69 million in federal small business economic aid

2022-05-20T02:33:31-05:00May 20th, 2022|

Kansas is in line to receive as much as $69 million in additional federal support for small business development and entrepreneurship through a U.S. Treasury Department program used to support companies through the pandemic. The American Rescue Plan expanded the State Small Business Credit Initiative, or SSBCI, established in 2010 to assist businesses following the Great Recession from 2007 to 2009. The goal is to improve access to capital in rural and other traditionally underserved communities. States participating in SSBCI operate under the expectation each would generate business lending at least 10 times the amount of federal aid. Source: The Miami [...]

Lawrence city leaders say they are ready for city to expand into area west of Kansas Highway 10

2022-05-19T08:44:17-05:00May 19th, 2022|

Lawrence city leaders say they are ready for the city to expand beyond its longtime border along Kansas Highway 10, and some are even interested in expediting that process by requiring areas to join the city instead of waiting for property owners to opt in. As part of its meeting Tuesday, the Lawrence City Commission received a presentation on a study of the infrastructure and service needs — anticipated to cost more than $100 million — to add an area generally west of K-10 to the city’s boundaries. A few commissioners explicitly said they were interested in moving forward with those [...]

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