info2020-08-28T08:02:17-05:00August 28th, 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.
info2020-08-28T08:00:34-05:00August 28th, 2020|
Though preservation efforts in Lawrence’s historic neighborhoods have conserved the turreted homes, craftsman bungalows and stone cottages built in the city’s early years, neighborhood representatives of a new coalition say there is an important piece missing — the streets. The coalition, which consists of representatives from five historic neighborhoods, is working with the city to develop a policy regarding the restoration and maintenance of the red brick streets, limestone curbs and sidewalks in the East Lawrence, Old West Lawrence, Oread, Pinckney and Barker neighborhoods. Source: LJWorld.com.
info2020-08-28T07:59:54-05:00August 28th, 2020|
The City of Lawrence’s solid waste employees have voted overwhelmingly to unionize, and union leaders say that efforts to improve wages and working conditions are forthcoming. In a news release Thursday morning, the city clerk’s office reported that the International Brotherhood of Teamsters Local Union No. 696 has been elected to be the recognized employee organization for the solid waste employee group. Sixty-six of the city’s 71 solid waste workers voted, with all but one of those workers voting to be represented by the Teamsters, according to information city spokesman Porter Arneill subsequently provided the Journal-World. Source: LJWorld.com.
info2020-08-28T07:56:24-05:00August 28th, 2020|
Platte County, Missouri, bears no legal obligation to repay tax revenue shortfalls on a $32 million appropriation-backed industrial bond issue, a Missouri appellate court panel concluded in an opinion upholding a lower court decision. Platte County leaders decided in 2018 to not cover a $765,000 shortage in tax monies generated by the Zona Rosa shopping center in Kansas City. Revenues had been pledged to repay a 2007 Platte County Industrial Development Authority issue. The decision cost the county its investment-grade rating. The county said bond trustee UMB Bank NA’s demand that the shortfall be covered and its threat of litigation prompted [...]
info2020-08-28T08:31:25-05:00August 28th, 2020|
At this year’s annual State of the Community event, local leaders lauded upcoming development projects, asked Topeka and Shawnee County residents to show compassion and love for their neighbors, and spoke of efforts to increase the community’s focus on inclusion. The State of the Community, held Thursday afternoon at Stormont Vail Events Center’s Landon Arena, featured keynote speakers Mayor Michelle De La Isla and Shawnee County Commissioner Bill Riphahn. They were followed by the Greater Topeka Partnership’s Glenda Washington, who led a conversation about the capital city’s efforts to create a diverse and inclusive community where all of the city’s residents [...]
info2020-08-27T15:18:05-05:00August 27th, 2020|
Synopsis: The basis for determining the number of write-in votes required for a person's name to appear on the general election ballot is the total of the current voter registration designated in the state, county or district in which the office is sought. Source: Kansas Attorney General Opinions
info2020-08-27T15:16:47-05:00August 27th, 2020|
The Federal Reserve approved a major shift in how it sets interest rates by dropping its longstanding practice of pre-emptively lifting them to head off higher inflation, a move likely to leave U.S. borrowing costs very low for a long time. The move Thursday won’t lead to a significant change in how the Fed is currently conducting policy because it had already incorporated the changes it formally codified Thursday. But the shift marked a milestone. Had the strategy been adopted five years ago, the Fed would have likely delayed rate increases that began in late 2015, following seven years of short-term [...]
info2020-08-27T15:19:29-05:00August 27th, 2020|
The Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run hotter than normal in order to support the labor market and broader economy. In a move that Chairman Jerome Powell called a “robust updating” of Fed policy, the central bank formally agreed to a policy of “average inflation targeting.” That means it will allow inflation to run “moderately” above the Fed’s 2% goal “for some time” following periods when it has run below that objective. The changes were codified in a policy blueprint called the “Statement on Longer-Run Goals and Monetary Policy [...]
info2020-08-27T08:13:34-05:00August 27th, 2020|
After a year living in Marion County, new Peabody-Burns third-grade teacher Cindy Ziesemer feels like she has found her hometown, 2,000 miles from where she grew up. A native of Dallas, Oregon, Ziesemer enjoys the feeling of a small school district, and a county with Mennonite heritage. “Dozens of the family names are the same, and people have relatives here and there,” she said. “It’s fascinating. I felt like I was coming home.” Source: Marion County RECORD
info2020-08-27T08:12:23-05:00August 27th, 2020|
Decreased demand due to the pandemic is forcing Amtrak to make cuts to its passenger rail trains, including the Southwest Chief which serves several Kansas communities. Southwest Chief operates between Chicago and Los Angeles seven days a week currently, which includes six Kansas communities: Lawrence, Topeka, Newton, Hutchinson, Dodge City and Garden City. Starting October 12, the Southwest Chief will operate three days a week. “We regret the impact of these planned changes on our customers, employees, and communities across the nation and we hope to restore some or all of this service back to daily in 2021,” Stephen J. Gardner, [...]
