Municipal Bond Trends for September 24, 2020

2020-09-25T07:38:13-05:00September 25th, 2020|

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.

Virtual presentation to highlight Topeka Fire Department’s history

2020-09-25T08:03:59-05:00September 25th, 2020|

A virtual presentation about the 150-year history of the Topeka Fire Department will be given at 3 p.m. Sunday by Alan Stahl, the department’s public education officer. To receive the link to access to see the presentation, email the Shawnee County Historical Society at shawneecountyhistory@gmail.com. Source: Local News | Topeka Capital-Journal

Prairie Village City Council approves contract to track city’s greenhouse gas emissions

2020-09-25T07:50:56-05:00September 25th, 2020|

The Prairie Village City Council passed two measures Monday night aimed at reducing the effects of climate change. The council voted 11 to 1 to approve a one-year, $12,000 contract with Kansas City-based Dynamhex to create software to track and evaluate the city’s greenhouse gas emissions and create an action plan for city officials and residents. The council also approved a resolution on a 10 to 2 vote to support the Climate Mayors Network and adopt commitments to the Paris Agreement. Both are nonbinding measures. Source: Prairie Village Post

Nonprofit requests in Reno County exceed local CARES Act dollars

2020-09-25T07:38:57-05:00September 24th, 2020|

The county has received more than $1 million in requests from nonprofit agencies for the remaining $800,000-plus in CARES Act funds, and the application period is still open, the county administrator reported Tuesday. “We’ll have our first meeting Wednesday to look at the applications,” Randy Partington said of a task force created to allocate dollars the county received to distribute. “The deadline hasn’t passed, but we’ll meet to look at how the applications look, what might be missing or if we have more questions.” “It will take some paring back,” he told the county commission. “A lot of it’s revenue lost [...]

Olathe’s Mahaffie Stagecoach Stop and Farm partner with the Smithsonian to dig into rural roots

2020-09-25T07:39:28-05:00September 24th, 2020|

Olathe may be a bustling suburb now, but like all of Johnson County, it has deep rural roots. A partnership between the Mahaffie Stagecoach Stop and Farm and the Smithsonian has produced a new exhibit delving into the city’s past. “From Rodeos to Roundabouts: Exploring Olathe’s Roots” is part of a larger project from the Smithsonian called “Crossroads: Change in Rural America.” In the past, it has worked with Humanities Kansas to share other exhibits as part of its Museum on Main Street program. “We hope these local stories will really spark conversations about how their communities have experienced these changes [...]

Hutchinson provides info graphics to answer the question: where do my taxes go?

2020-09-25T07:40:23-05:00September 24th, 2020|

We get a lot of questions about taxes. It is understandable, we all work hard for our money and want to know where it is going and how it is being used. Of the taxes you pay, only a small portion actually goes to the City of Hutchinson. The money the City does get is used for public safety like Hutchinson Police and Hutchinson Fire; Public Works which give us things like clean water to drink, clear streets to drive on and the levee system that protects us from flooding; infrastructure investments; economic development funding; the parks and trails system; and [...]

Sedgwick County extends COVID-19 small business grants, removes size limit

2020-09-25T07:40:30-05:00September 24th, 2020|

Ruthanne Timm owns Pinot's Palette and Beyond Napa Wine and Spirits downtown. She was one of the first to apply for Sedgwick County's Safe Operating Grant. "It wasn't bad at all. A couple of IRS forms, driver's license, and a Certificate of Good Standing with the state," said Timm. The grant is funded by the CARES Act. The county said 477 local business owners applied, totaling about $2.4 million in grants. In the first round of applications, companies had to have fewer than 50 employees to qualify, but after the Sedgwick County Commission meeting Wednesday, that changed. "We just opened it [...]

Take a look inside the new $193M Johnson County Courthouse

2020-09-25T07:41:17-05:00September 24th, 2020|

The $193 million Johnson County Courthouse now is virtually complete, with a planned public opening set for Jan. 4. Construction on the 356,821-square-foot, seven-story building in Olathe was considered substantially complete as of Aug. 21. The new courthouse is located at 150 W. Santa Fe St., across the street from the existing courthouse — originally opened in 1952 — and west of Olathe City Hall. Source: Kansas City Business Journal - The Business Journals

Pandemic puts nearly $100 million squeeze on Kansas casino, lottery revenue

2020-09-25T07:42:19-05:00September 24th, 2020|

Revenue at the four state-owned casinos and through Kansas Lottery ticket sales plunged nearly $100 million last fiscal year as COVID-19 undermined operations at legal games of skill and chance, officials said Wednesday. Stephen Durrell, executive director of the Kansas Lottery, said the casinos in Dodge City, Mulvane, Pittsburg and Kansas City, Kan., closed March 23 and didn’t reopen for two months. By the end of the fiscal year June 30, the casinos reported revenue declines of 15% to 20% for a total decline of $77 million compared to the previous fiscal year. Overall revenue slumped from $411 million to $334 [...]

Pittsburg officials honor retiring Fire Chief Simons

2020-09-25T07:42:29-05:00September 24th, 2020|

After nearly 20 years with the Pittsburg Fire Department, Chief Mike Simons is retiring. City officials recognized Simons this week for his decades of service. At Tuesday’s city commission meeting, Pittsburg Mayor Dawn McNay read a proclamation declaring Sept. 22, 2020 as Fire Chief Mike Simons Day. City Manager Daron Hall also thanked Simons and presented him with a Key to the City of Pittsburg. “It’s been my pleasure to work with you sir,” Hall said. “You’ve done an excellent job. Congratulations, and you’re a good friend, I’m going to miss you.” Simons, who was accompanied at the ceremony by members of [...]

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