News

Facing a deficit of several million dollars in coming years, Wichita elected officials are talking about the possibility of increasing or adding taxes. Options could include a 1% city sales tax or a property tax rate increase, officials said during a recent city workshop. Current estimates show the city expects a $3.8 million deficit in 2026. That increases to $10.8 million the following year. The estimated deficits would be caused mainly by cost increases, including staff wages, as well as expected lower interest earnings. Source: Wichita Kansas Local News, Crime & More |

Wichita school district officials say they don’t have plans now to come back to voters to ask for a smaller bond issue vote. Voters narrowly rejected a $450 million bond issue earlier this year. “We have no plans,” the district’s Chief Financial Officer Addi Lowell said Thursday at the first meeting of a new citizen financial oversight committee. That committee could eventually come back with a recommendation for another public vote on a bond proposal, though. Right after the February election, officials with the district and the Vote Yes campaign had signaled that a smaller bond vote could be a possibility. [...]

The city of Wichita is moving forward with plans to hire a consulting firm to assist in its search for a new city manager. The Wichita City Council approved issuing a request for proposal to hire a search firm Tuesday. The firm will assist in multiple public engagement opportunities as the job description is developed and as final candidates are considered. Source: Wichita Kansas Local News, Crime & More |

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.

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.

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.

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.

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.

Kansas water issues, particularly those relating to irrigation ditches, was the topic of the Finney County Historical Museum’s Evening at the Museum event on Tuesday. Kevin Salter, Inter-state Water Engineer with the Kansas Division of Water Resources, was the presenting speaker. The event was kind of like a Water Rights 101 class, Salter said, specifically looking at Kansas ditch and the development of Kansas Water Law. Source: Garden City Telegram