Municipal Bond Trends for June 10, 2020

2020-06-11T08:00:06-05:00June 11th, 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.

Wyandotte County DA announces plans for new unit to investigate police misconduct

2020-06-11T08:16:09-05:00June 11th, 2020|

The Wyandotte County District Attorney’s Office on Wednesday announced plans to create an independent arm to investigate accusations of excessive force or misconduct by police officers. During a news conference, District Attorney Mark Dupree said his office hopes to add three investigators to probe complaints reported by the public, which residents will be able to submit through email and a hotline in English and Spanish. “If we are to really bring about systematic change, we must change the systems that have allowed the act of a few bad to go unseen and unchanged,” Dupree told reporters. (Read more: Local News |)

Sedgwick County seeing slow increase in COVID-19 cases since reopening

2020-06-11T08:18:18-05:00June 11th, 2020|

Sedgwick County continues to see a slow increase in COVID-19 cases since reopening in late May. Health officials warn that those that do choose to go out, shouldn't let their guards down. Sedgwick County Health Officer Dr. Garold Minns says because of the virus's two-week incubation period, it's hard to say for sure why the rise in cases is happening in the county. In Wichita, some continue to follow recommended guidelines from the federal and state levels, wearing masks and social distancing. Others say the feel safe without those precautions as long as they're not considered high risk. (Read more: KWCH [...]

County tax burden rates lowest in region

2020-06-11T08:17:06-05:00June 11th, 2020|

Marion County has the lowest combined tax burden of any surrounding county, according a new analysis by financial technology company SmartAsset. Combined impact of income, sales, property, and fuel taxes are reflected in the analysis, released this past week. Overall, Marion County ranked 42nd lowest among the state’s 103 counties. (Read more: Marion County RECORD)

March makes impact in McPherson

2020-06-11T07:56:05-05:00June 10th, 2020|

"No justice, no peace” was among many chants shouted in the McPherson community during its first-ever Black Lives Matter march on Saturday afternoon. Even with a high temperature of 98 degrees, an estimation of 400 people in different age groups all united in McPherson College and walked two miles to Lakeside Park with their signs, making their voices around the community heard while being escorted by the McPherson Police Department. For Molly Anderson, a McPherson native and one of the head organizers of this march, it was an overall success and she was pleased with the turnout and how peaceful the [...]

McPherson awarded $132,000 in grant funds to help with COVID-19 relief

2020-06-11T07:56:41-05:00June 10th, 2020|

McPherson was one of 66 Kansas counties and cities to receive Community Development Block Grants to support COVID-19 response. City Administrator Nick Gregory announced Monday that McPherson was awarded a total of $132,000 to help small businesses. “The City of McPherson received word that they were selected to receive a 2020 Small Cities Community Development Block Grant, CDBG-CV grant, in the amount of $132,000.00 to assist McPherson businesses with eligible working capital costs associated with economic recovery from the COVID-19 Pandemic,” Gregory said. “The original application was for $300,000, but we are extremely grateful for the funds awarded to the city.” A [...]

Manhattan city leaders hope sidewalk sales, outdoor seating will help struggling businesses

2020-06-11T07:57:40-05:00June 10th, 2020|

The Manhattan City Commission recently passed a new ordinance that could result in more sidewalk sales and outdoor seating areas at restaurants. The new ordinance allows businesses to apply for a permit to expand into publicly owned areas, like sidewalks and streets. The permit will allow businesses to expand outside from 6 a.m. to 11 p.m. each day. The permits will expire on October 31. Deputy City Manager Jason Hilgers said he hopes the new ordinance will help both businesses and nervous consumers. (Read more: KSNT News)

ESU President addresses budget shortfalls, plans for fall semester

2020-06-11T07:57:49-05:00June 10th, 2020|

Emporia State University President Allison Garrett said school leadership had cut 20 positions — including four current employees — and would be looking at more budget cuts as the university is facing a $2.2 million shortfall heading into the fall 2020 semester, during a Tuesday morning town hall.  The forum addressed faculty- and student-submitted questions concerning the virus’ effect on the school’s budget, as well as covering initial reopening plans for the fall semester. “I know that you all are aware that Emporia State, like other institutions, is facing some budget challenges,” Garrett said. “I shared that with you back in [...]

GCCC faces almost $500,000 impact to its 2020-21 budget

2020-06-11T07:57:55-05:00June 10th, 2020|

Garden City Community College says it is facing a significant fiscal impact due to rising costs in maintaining its liability insurance coverage. The Board of Trustees members met Tuesday. GCCC President Dr. Ryan Ruda told them the school’s annual premium and deductible would be increasing by approximately $494,000 compared to last year. He said GCCC must pay an annual premium of $325,000 and budget for the deductible of $250,000 in the fiscal year ahead. This compares to a 2019-20 premium and deductible of $30,549 and $50,000, respectively, according to the GCCC president. (Read more: KSN-TV)

Local businesses excited about tribal casino in Park City

2020-06-10T08:26:37-05:00June 10th, 2020|

In late 2019, J.R. Sartain took over ownership of 81 speedway, right before a global pandemic. ... he’s hoping the addition of a tribal casino about a mile east will help business thrive. ... Sartain already has plans to partner with the casino. ... The city administrator’s office tells us the addition to the community is essential for growth. "So anytime that we can work with developers, bring jobs, bring other opportunities for our citizens, we're just really excited about that," says Dana Walden, Park City Assist. City Administrator. (Read more: KAKE - News)

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