Fed’s Bullard says interest rate policy is ‘behind the curve,’ but it’s making progress

2022-04-11T07:05:45-05:00April 10th, 2022|

The Federal Reserve needs to raise interest rates substantially to control inflation but may not be as "behind the curve" as it appears, St. Louis Fed President James Bullard said Thursday. One of the Federal Open Market Committee's most "hawkish" members in favor of tighter policy, Bullard said a rules-based approach suggests the central bank needs to hike its benchmark short-term borrowing rate to about 3.5%. However, he said bond market adjustments to the Fed's more aggressive policy, in which yields have surged higher, suggest rates are not that far askew. "If you take account of [forward guidance], we don't look [...]

Exposing the Russian spies who attempted to hack a Kansas nuclear plant

2022-04-11T07:06:41-05:00April 10th, 2022|

Three young Russian spies, Pavel, Mikhail and Marat, working from computers in a 27-story skyscraper at 12 Prospekt Vernadskogo in Moscow, over five years targeted the Wolf Creek nuclear power plant in Burlington, Kansas. They were on a sophisticated cyber reconnaissance mission to learn about the inner workings of the plant to prepare for a possible precision electronic assault by the Russians. That is the story that broke March 24, when the U.S. Department of Justice suddenly and somewhat mysteriously unsealed an indictment against the hapless trio. The indictment was filed under seal on Aug. 26, 2021, in the U.S. District [...]

Edgerton continues moving forward

2022-04-11T07:07:01-05:00April 10th, 2022|

Don Roberts, mayor, said there was a lot of fantastic stuff happening for Edgerton and a lot of accomplishments the past year. “Opportunities turn into accomplishments,” he said, at the State of the City address March 31 at Edgerton City Hall. Roberts highlighted 2021 new projects including the 207th Street Grade Separation and Glendell Acres Park renovation. Roberts said the 207th Street project was needed especially for emergency services to be able to cross the railroad tracks. Dennis Meyers, Johnson County Fire District 1 fire chief, said it was a game changer for public safety. “It is meaningful to no longer [...]

Area around this Wichita sewage plant will be more stinky after apparent operator error

2022-04-11T07:07:12-05:00April 10th, 2022|

Wichitans living around the wastewater plant at 57th Street South and Hydraulic may be smelling “increased odors” for the next two weeks after an apparent operator error, city officials said in a news release. Officials said no health impact is expected from the odors, but the Kansas Department of Health and Environment has been notified about the issue. “Officials at the City of Wichita want residents in the vicinity of the plant to be aware of the likelihood of increased odors caused by a temporary change in process to the treatment of bio solids ... Staff is taking steps to bring [...]

Derby tabs Megan Sneller to be new Director of Finance

2022-04-11T07:07:50-05:00April 10th, 2022|

On April 7, Derby City Manager Kiel Mangus announced the hiring of Megan Sneller to serve as the new Director of Finance. She will officially assume the duties as of May 15. As Director of Finance, Sneller will serve as a member of the city’s management team and play a vital role for all city operations. In her position, Sneller will oversee risk management, all accounting and budgeting operations for the city, and debt management. Sneller will replace longtime Director of Finance Jean Epperson, who is set to retire on June 14. Source: Derby Informer

‘The state of our city is strong’: Wichita mayor gives State of the City address

2022-04-11T07:08:02-05:00April 10th, 2022|

Wichita Mayor Brandon Whipple touched on the economic progress the city has made in the past year during his State of the City address Thursday. Mayor Whipple's address included praise for the city's approval of a Non-Discrimination Ordinance to protect Kansans. "Wichita is open for business for everyone," Whipple said in reference to that ordinance. He also addressed the city's decision to raise minimum wage for city employees to $15 an hour and the PROPEL micro loan program created to help small business owners. "[PROPEL] is filling in the gap," said Whipple. "And is making sure we can not only invest [...]

Your Community: New season of the Johnson County Library podcast

2022-04-11T07:08:24-05:00April 10th, 2022|

The 2022 season of the Johnson County Library podcast, “Did you hear?,” kicked off on April 1. In this episode, “Silver and Gold,” the Library asked a new employee and an employee counting the days until retirement the same 10 questions. You’ll want to hear their answers. Regular listeners will notice that there are a couple of new changes to the podcast. First, episodes will be shortened to 30 minutes. You still get the same great content but now in a shorter format. Second, recordings will now be done at the newly renovated Central Resource Library. The Library is looking forward to [...]

Candidates are in for Overland Park’s city manager- Here’s what’s next

2022-04-10T22:16:04-05:00April 10th, 2022|

Overland Park is on its way to finding a new city manager. Applications to fill the vacancy created by Bill Ebel’s retirement earlier this year officially closed last month, and the city’s specially appointed screening committee began reviewing candidates this week. What happens next: The pool has been narrowed down to eight candidates, according to members of the committee. Those candidates will be invited to submit video responses to questions the city has prepared. From there, the screening committee will choose four or five candidates to invite for in-person interviews in a couple of weeks. Source: Prairie Village Post

Manhattan overturns Historic Resources Board on proposed Art and Light Museum

2022-04-10T22:12:59-05:00April 10th, 2022|

The City of Manhattan looks to April 19 to finalize amended redevelopment plans for the city’s Downtown STAR bond district to account for a private Art and Light Museum proposed to be built at the corner of Pierre and 3rd Street. Manhattan City Commissioners Tuesday unanimously approved the amended redevelopment plan on first reading as well as overturning the Historic Resources Board’s (HRB) vote to deny the project authorization to move forward. “We have expected a development on this piece of property, this area, for a long time – for over 20 years,” says Mayor Linda Morse. “It’s finally come and [...]

City to discuss employee pay study that calls for additional $2.1M in salaries

2022-04-10T22:05:00-05:00April 10th, 2022|

City administrators recommend giving raises to 77% of city government employees, a move that would cost $2.1 million in additional annual spending. The Manhattan City Commission will discuss that proposal, which comes from a pay study, during a work session at 5:30 p.m. at City Hall. In September, the city government hired Allen Gibbs Houlik, L.C. (AGH) of Wichita to conduct a “Total Rewards Study” to examine where compensation for Manhattan government employees rank in comparison to others in the industry. Source: themercury.com - RSS Results in news of type article

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