News – Page 1424 – Ranson Financial Group LLC

Goessel mayor stepping aside for newer, younger leadership, has hopes for city overcoming challenges

info2021-05-26T06:59:48-05:00May 26th, 2021|

After years of service, Mayor Dave Schrag will be stepping down from his post as Mayor of Goessel. Schrag has served two separate stints as Mayor, from 1993 to 1999 and 2014 to 2021. Schrag said he was motivated to join city government on a write-in campaign the first time he took a leadership role. “The city streets were in bad shape, and the Council didn’t want to let go of the money to fix them, but it was in the budget. That was the main thing that got me going,” he said. During his tenure as Mayor, Schrag was not [...]

66 years ago today Kansas was hit by its deadliest tornado

info2021-05-26T06:59:08-05:00May 26th, 2021|

Sixty-six years ago today, May 25, 1955, a tornado struck Udall, Kansas. It would be the deadliest tornado ever to hit the state. An F-5 tornado hit the town of Udall, killing 80 and injuring more than 200. The region had endured three days of storms, one of which hit Oklahoma, killing 20. But, at 10:30 p.m., a tornado hit Udall, becoming the deadliest storm in Kansas history. Source: KSN-TV

Municipal Bond Trends for May 25, 2021

info2021-05-26T06:56:27-05:00May 26th, 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.

Treasury yields fall as inflation fears ease

info2021-05-25T07:32:18-05:00May 25th, 2021|

U.S. Treasury yields fell on Tuesday morning, following recent comments from Federal Reserve officials, allaying fears around inflation. The yield on the benchmark 10-year Treasury note fell to 1.591% at 4:20 a.m. ET. The yield on the 30-year Treasury bond dipped to 2.283%. Fed Vice Chair for Supervision Randal Quarles is due to speak before the U.S. Senate Committee on Banking, Housing and Urban Affairs at 10 a.m. ET on Tuesday. Source: CNBC - Bonds

Tornado touchdown in northwest Kansas

info2021-05-25T07:31:26-05:00May 25th, 2021|

The Sheridan County Emergency Management confirmed a tornado touched ground in the town of Selden Monday around 6:30 p.m. The emergency manager reported buildings and trees down, homes damaged, an overturned semi and possibly one injury. There has also been a train overturned and a silo destroyed. "We have reports of injury crashes from semi-trucks that were blown over. We also have a train that is blown over," said Kansas Highway Patrol Trooper Tod Hileman. "We are checking on the residents of Selden to make sure that they are okay and the surrounding area." Source: KSNT News

Municipal Bond Trends for May 24, 2021

info2021-05-25T07:30:21-05:00May 25th, 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.

Lawrence leaders to review police department study and recommendations

info2021-05-25T07:29:47-05:00May 25th, 2021|

Amid a nationwide reckoning with police brutality and the role of police in communities, city leaders will soon review the findings of a recently completed study of the Lawrence police department and recommended changes to its operations. As part of a special meeting Tuesday, consultants with Citygate Associates will present the findings of the police department study to the City Commission and the public. The commission called for the study and subsequent report following national and local protests against police killings of Black people and other people of color, and calls for reallocation of some police duties. The subsequent report includes [...]

Eskridge Lumber almost closed five years ago. These 31 residents put their money together to save it.

info2021-05-25T07:12:36-05:00May 25th, 2021|

It was in 2016 that the former owners of Eskridge Lumber decided to retire. They either needed to sell the business or close its doors. That's when community members stepped up. They wanted to purchase the business and run it as an LLC. "Most of us anyway didn't really expect a return on our money," said Beverly Clark, a retired school district employee. For the past five years, Eskridge Lumber has been under the ownership of 31 people who have invested time and money into the store. Source: CJonline.com.

Abbyville Frontier Days PRCA Rodeo entertains

info2021-05-25T07:11:13-05:00May 25th, 2021|

An award-winning rodeo clown came back home for the Abbyville Frontier Days PRCA Rodeo this weekend. Justin Rumford, who was born in Abbyville, won the PRCA Clown of the Year award, a record-breaking nine times - from 2012 through 2020. Rumford, who is in high demand throughout the country, was excited to come home to where he started his rodeo career by following his father, rodeo legend Bronc Rumford around the circuit. Rumford’s grandfather, Floyd Rumford along with his father Bronc, helped build the Abbyville Rodeo. It’s now in its 59th year. Source: Hutch News.

Kansas contemplating $200-$250 million overhaul of law enforcement training facility

info2021-05-25T07:23:50-05:00May 24th, 2021|

Proposed modernization of the Kansas Law Enforcement Training Center in Hutchinson at a cost of $200 million to $250 million would adhere to curriculum and instructional reforms necessary to prepare a new generation of public-safety officers, officials said. Implementation of a campus master plan — the first since the center was authorized in 1968 — would require approval of the Kansas Legislature. The anticipated price tag could lead the state to embrace a private-public partnership in which the infrastructure was financed and built by a private company and leased to the state for a period leading to acquisition. Source: Kansas Reflector