News

With more than 70% of the vote Tuesday in favor of the initiative, Great Bend citizens decided to renew the half-cent sales tax that assists with capital improvements, economic development and property tax reduction. There were 3,371 "yes" votes to renew the tax compared to 1,418 "no" votes. Source: Great Bend Post

Russell residents on Tuesday approved a 3/4-cent city sales tax that will support water infrastructure, including expenses related to the R9 Ranch water project. The ballot measure passed with 1,196 yes votes to 651 no votes—64.75% to 35.25%. Source: Hays Post

Douglas County commissioners learned on Wednesday that only around 72% of the federal funding they distributed through the American Rescue Plan Act has been utilized, and they approved measures to maximize the money’s impact before the end-of-the-year deadline to spend it. In July 2022, the county awarded $23,747,378 in ARPA funding — which is emergency funding to help state and local governments respond to and recover from the COVID-19 pandemic — to support 51 projects for internal and external partners. Source: LJWorld

Lawrence city commissioners at their meeting Tuesday will consider adopting a new Land Development Code for the city, which would govern how developments in the city are built, from lot sizes to parking requirements. The project to update the city’s code, which has not been updated since 2006, started in 2022 and aims to establish a simpler and more consistent set of development procedures and help the city better achieve goals in its Plan 2040 strategic plan — including building more density in housing and affordable housing. Source: LJWorld

The interest rate table above illustrates recent changes in a sample of AA rated bond trades reported to the Municipal Securities Rulemaking Board’s EMMA® system. Every issuer's credit is different, and other financing sources may be available. To obtain comprehensive Financial Advisory services for your local government, contact your Ranson Financial Municipal Advisor, Larry Kleeman, or Henry Schmidt.

Lawrence voters on Tuesday approved a referendum that will double the city’s affordable housing sales tax to help provide more funding for services to help people experiencing homelessness. A total of 20,923 voters, or 53.32%, voted “yes” on the ballot initiative to raise the affordable housing sales tax from 0.05% to 0.10%, according to the unofficial results from the Douglas County elections office; 18,314, or 46.68%, voted against the increase. Source: LJWorld

The interest rate table above illustrates recent changes in a sample of AA rated bond trades reported to the Municipal Securities Rulemaking Board’s EMMA® system. Every issuer's credit is different, and other financing sources may be available. To obtain comprehensive Financial Advisory services for your local government, contact your Ranson Financial Municipal Advisor, Larry Kleeman, or Henry Schmidt.