A little more than a year after a $450 million bond issue narrowly failed at the polls, Wichita Public Schools said Tuesday that administrators were informally recommending the school board schedule a November bond vote. The district announced a series of community feedback sessions to better assess what parents and residents want to see improved in Wichita schools. The push to revive a bond issue – which the board will consider at its June meeting – comes as officials say a long list of facility needs continues to create problems for the district. Ahead of the 2025 vote, the district cited [...]

Along Andover Road, the Andover Historical Museum holds a treasure trove of history. “I don’t think there’s a lot of people that even know how deep our roots are,” said Tricia Lee, president of the museum. “I’ve been finding lots of stuff in the 1800s, like boxing was a big thing here.” The museum has been around for decades, and the new board wants to start a new chapter. “Rebuild it and make this an official museum with real exhibits in it,” Lee said. Over the last year, volunteers have gone through each piece inside. Read more: KSN-TV

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.

On Friday evening, the Kansas Legislature passed S Sub HB 2745 that allows voters (through a protest petition signed by 10% of voters) to effectively veto a budget with property taxes increased beyond the CPI (inflation index), or 3%, whichever is lower. If not vetoed by the Governor, a number of financial risks could arise for local governments, including ... Cumulative Revenue Erosion: Because the 3% cap acts as a bottleneck during years of high inflation (it was 8.0% in 2022), property tax revenue could quickly fall behind actual costs, creating a permanent ever-growing revenue gap. Loss of the “Gold Standard” [...]

There’s a clean energy ordinance that could change soon. There’s the city’s strategic plan, which will soon get an update. There are two new city commissioners, a sustainability department with just a $4,000 operating budget for this year, and multiple other departments doing their own environmental work. Read more: LJWorld

Prices are up for rural grocers, margins are thin, staff are hard to find and transportation costs are higher for small-town stores. Communities across Kansas have been attempting new ways to fill in the grocery gaps. But some of those solutions are coming up short. Read more: Wichita Eagle

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.