info2022-04-14T07:15:16-05:00April 14th, 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.
info2022-04-14T01:42:17-05:00April 14th, 2022|
Governor Laura Kelly announced today that $100 million is going toward 35 infrastructure investment projects associated with economic development across the state. This funding is made available through the Building a Stronger Economy (BASE) grant program. “The BASE program is vital to enhancing Kansas’ economic competitiveness,” Governor Laura Kelly said. “These grants provide essential funding to our local communities, positioning them to succeed and be a place of continued economic growth.” As approved by the Strengthening People and Revitalizing Kansas (SPARK) Executive Committee, the BASE grant program offers matching funds to address economic development opportunities to expand the state’s base of businesses [...]
info2022-04-14T01:40:17-05:00April 14th, 2022|
The Olathe school district is facing a larger budget deficit than originally announced, as officials now look to cut $28.6 million next school year, including 140 more job eliminations. Last month, officials said that due to declining enrollment and other challenges, the district would need to cut more than $20 million for the next school year. They announced the closure of the district’s virtual school. Reductions in department budgets were expected across the board. Library clerk positions — about 15 total at middle and high schools — as well as kindergarten aides and some other aide positions would be cut. Source: [...]
info2022-04-14T01:38:13-05:00April 14th, 2022|
Over the weekend the El Dorado Police Department received reports from multiple citizen’s regarding individuals who were in a vehicle firing water beads at people at random. While the water beads may initially seem harmless, multiple people received welts after being struck by the beads and one child was almost hit. “This behavior is completely unacceptable and will not be tolerated,” the department said in a statement. “Firing any type of firearm, even a ‘fake gun’ out of a vehicle is extremely dangerous… this has the potential to turn a ‘fun’ trend into a deadly situation.” The department also said this [...]
info2022-04-14T01:36:13-05:00April 14th, 2022|
Elimination of the 6.5 percent sales tax on groceries is currently pending in the Kansas Legislature and is an issue that Governor Laura Kelly is hopeful lawmakers will hear all about from constituents throughout the spring break. Kelly said she is hopeful the elimination of the 6.5 percent grocery tax will become effective July 1. “People need it now,” Kelly said in an interview with the Atchison Globe and added Kansas consumers need the relief as inflationary cost of living expenses are on the rise. Source: Atchison Globe Now
info2022-04-14T01:28:20-05:00April 14th, 2022|
Wichita City Council members have approved a first round of grants for programs to help small businesses and promote workforce development. The city received $72 million from the federal American Rescue Plan Act, and $10 million of that will be dedicated to workforce and business efforts. The council approved a total of $6.3 million in grants to 14 organizations. WSU Tech is getting about 60 percent of the funding from the first round, for partnerships with the Wichita school district and other agencies to train workers for health care and manufacturing jobs. Source: Country 101.3 KFDI
info2022-04-14T01:26:40-05:00April 14th, 2022|
Continued curbside recycling service in Newton now hinges on 300 households being willing to pay $151 a year to continue having service. The City of Newton revealed private recycling bids for service at its Tuesday meeting. Nisly Brothers out of Hutchinson was the only company to respond to a bid request for service from the city and submitted two options. The first option would cost $8.80 a month to provide and bill recycling to all city customers. The other bid cost $12.63 per month to be assessed to only recycling customers. Option two would have Nisly handle the billing. The bid [...]
info2022-04-14T01:24:02-05:00April 14th, 2022|
The Halstead Fire Department completed the annual testing of all its hoses on Monday. In the past, the department has done hose testing during a training night, but this year for the first time, they hired a company to do it for them. Division Chief Doug Hoffman credited Burrton Fire Department with doing the research to find FireCatt, a professional hose testing company out of Michigan. Halstead piggybacked while they were in the area. “We looked at it and considered the labor-saving aspect,” Hoffman said. “They do it in one day and they’re done.” Burrton was going to have their hoses [...]
info2022-04-14T01:12:57-05:00April 14th, 2022|
Inflation is paving a tough road ahead for renters in Wichita. Director for the Center for Economic Development Business Research at Wichita State University Jeremy Hill said, he’s been following rent rates in Wichita since the start of this year. He said since January 2020, rent in the Midwest has outpaced the average rent across the United States. “Instead of the nation growing a lot faster in rental prices, it is the Wichita market going a lot faster than the nation,” Hill said. Demetri Dehncke-White chose to move when facing a rise in rent. The struggle to find a new place [...]
info2022-04-14T01:10:11-05:00April 14th, 2022|
Officials in Kansas City, Kansas, have signed off on multiple bond measures necessary for developers of the $648.1 million Homefield project to hit approved deadlines coming at the end of the year. Commissioners with the Unified Government of Wyandotte County/Kansas City, Kansas recently greenlit up to $160 million in sales tax revenue (STAR) bonds for the roughly 400-acre project near 94th Street and State Avenue. Of that total, Homefield LLC can unlock as much as $130 million in public benefit for its multi-sport Homefield Building, Perfect Game youth baseball complex and related infrastructure. The developer must first attract $195 million in [...]
