Municipal Bond Trends for November 1, 2021

2021-11-02T07:05:05-05:00November 2nd, 2021|

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.

Olathe firefighter carries dog out of home after responding to fire

2021-11-02T07:03:01-05:00November 1st, 2021|

Firefighters in Olathe rescued a family's dog from a fire Monday morning. Video tweeted by the fire department shows an Olathe firefighter carrying the dog out of the home near 115th Terrace and Northwood Drive. The fire department said Gerdi is a golden doodle previously rescued by the family through pet adoption. Firefighters were called to the fire around 11:40 a.m. and believe the fire started in the garage. While firefighters said no one was injured in the fire, the house was damaged. Source: fox4kc.com | FOX 4 - WDAF

New projects underway at Girard Public Library

2021-11-02T07:03:12-05:00November 1st, 2021|

The first of several new projects have been revealed at the Girard Public Library. The library finished construction of a new LED sign made possible through an American Rescue Plan Act grant. The project was made possible through a partnership with the state of Kansas and the Institute of Museum and Library Services. In addition, the library has two more projects in the works. Source: KSNF/KODE

WPD brings out officers and barricades for College Hill Halloween Fun

2021-11-01T20:47:27-05:00November 1st, 2021|

Halloween in Wichita has traditions like College Hill Trick or Treat. "We are just happy to be here to help put a lot of minds at ease," said WPD Officer Veronica Hill. Hill was part of a small contingent of officers at the event. Streets were also blocked off around parts of College Hill. Hundreds showed up to enjoy dozens of displays. "It's such a wonderful time to be running around and meeting your neighbors, saying hi to people, enjoying great costumes," said Jason Kraus. "And a wonderful feel for the neighborhoods that we have in Wichita." Jason and his family [...]

Pottawatomie County agrees to increase wages for prospective jurors

2021-11-01T20:43:28-05:00November 1st, 2021|

Pottawatomie County residents who serve as jurors for district court trials in 2022 will receive extra compensation for their service. Commissioners unanimously adopted a wage increase Monday. Those who get called for jury duty will receive $25, plus mileage for the first day they’re summoned to court, and $50 a day after that. According to Chief Justice Jeff Elder, Pottawatomie County averages about 10 to 15 jury trials each year. Commissioner Dee McKee says the increase should ease some financial burden to those called to jury duty. Source: 1350 KMAN

Sedgwick County commissioner’s front-porch view of homelessness inspires quest for change

2021-11-02T07:04:26-05:00November 1st, 2021|

Sedgwick County Commissioner Lacey Cruse sees reality of homelessness, and evidence of connections to mental and physical health, from her front porch in the poorest zip code in Kansas. Cruse is among political officials in the city of Wichita and Sedgwick County who believe in the necessity of unifying forces working the problem and better coordinating financial resources targeted at root causes of homelessness, especially with influx of millions of dollars in federal aid tied to the COVID-19 pandemic. Source: Kansas Reflector

Lawrence City Commission to consider using two city recreation centers as emergency shelters over the winter; plan would require temporarily suspending some city codes

2021-11-01T10:24:23-05:00November 1st, 2021|

Lawrence city leaders will soon consider suspending certain building and fire codes to enable the city to use two recreation centers to provide overnight shelter during the winter for up to 150 people experiencing homelessness. As part of its meeting Tuesday, the Lawrence City Commission will consider a resolution to temporarily suspend enforcement of certain provisions of the city’s land development code, international building code and international fire code from Nov. 3 to March 31 to allow the recreation centers to be used as emergency overnight shelters during that time period. Source: LJWorld.com.

Narrowing Yield Gap in Treasurys Signals Worries Over Fed, Growth

2021-11-01T09:10:05-05:00November 1st, 2021|

The gap between yields on shorter- and longer-term Treasurys narrowed at month’s end, reflecting the tension between investors’ expectations that interest rates will climb and their concerns about the prospects for longer-term growth. Yields on longer-term Treasurys, which tend to fall when investors expect cooling economic growth, have retreated since approaching their 2021 highs earlier in October. The slide came after new data showed tepid growth and lingering inflationary pressures, intensifying some investors’ expectations that the Federal Reserve will hasten interest-rate increases, slowing the economy. Yields on shorter-term Treasurys, meanwhile, have continued to rise. The yield on the two-year Treasury, which [...]

Municipal Bond Trends for October 29, 2021

2021-11-01T09:04:53-05:00November 1st, 2021|

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.

Gas prices up $1.25 a gallon over past year, home heating fuel costs expected to skyrocket this winter

2021-11-01T01:04:43-05:00November 1st, 2021|

U.S. gasoline prices reached a 7-year-high this week, with the national average of a regular gallon of gasoline rising to $3.399, up from $3.187 last month, AAA reports. Gasoline prices at the pump have gone up every day in the past 27 days, adding about 21 cents to the cost of a gallon of gas, AAA says. A year ago, the average price of a regular gallon of gasoline was $2.151 a gallon, meaning motorists are paying about an average of $1.25 more a gallon this fall than last. “With the U.S. economy slowly recovering from the depths of the pandemic, [...]

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