News – Page 1723 – Ranson Financial Group LLC

Wichita gamblers could have two casinos within 20 minutes next year

info2020-06-10T08:17:58-05:00June 10th, 2020|

Wichita gamblers could have two casinos within 20 minutes next year if everything goes as planned for the Wyandotte Nation of Oklahoma. Billy Friend, chief of the Wyandotte Nation, said construction crews could break ground on a casino in Park City by the end of the summer and gamblers could be working the slots by 2021. The new casino would be the anchor of a massive redevelopment of 100-plus acres at the failed Wild West World amusement park near Interstate 135 and East 77th Street North, about 10 miles north of downtown Wichita. (Read more: Local News |)

Wyandotte Nation expects Park City casino within a year

info2020-06-10T08:15:59-05:00June 10th, 2020|

You could see slot machines as soon as next year in Park City. “In a perfect setting we would like to be breaking ground in the next 90 to 120 days,” said Wyandotte Nation Chief Billy Friend. “And within a year maybe having our first phase open.” This month the Assistant Secretary of Indian Affairs approved 10.2 acres of land into Trust for the Wyandotte Nation in Park City. This allows up to Class 2 gaming on the property as Native American Trust land. The slot machines will be those Class 2 type machines that are bingo games, but look and [...]

Treasury yield comeback is real, and the 10-year could hit 1.5% within months, Wells Fargo says

info2020-06-10T08:17:26-05:00June 10th, 2020|

Wells Fargo Securities' Michael Schumacher sees the Treasury yield rally picking up momentum. With the Federal Reserve policy meeting on interest rates underway, the benchmark 10-year Treasury Note yield is edging closer to striking 1%. "We think in the next month, maybe two on the outside, you'll see the 10-year top 1% and it should be comfortably above that level by the end of the year," the firm's head of macro strategy told CNBC's "Trading Nation" on Tuesday. Over just the past week, the 10-year yield has surged 21%. On Tuesday, it closed at 0.824%. Due to the improving economic backdrop, Schumacher believes [...]

Municipal Bond Trends for June 9, 2020

info2020-06-10T08:17:15-05:00June 10th, 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.

Zoo faces pandemic challenges, including replacing Zoobilee with Zoobilee To Go

info2020-06-10T08:11:47-05:00June 9th, 2020|

The Sedgwick County Zoo, the state’s top attraction, has taken a triple hit from the coronavirus pandemic. “It’s taken a very drastic hit,” said executive director Jeff Ettling. The zoo’s operating budget is down $1.5 million; it had to halt the final phase of its renovation fundraising campaign with $1.7 million still to go; and now it’s canceling its signature fundraiser, the popular Zoobilee event, which raises more than $1 million each September. Yet Ettling is optimistic. Part of it is his nature, he said, and part of it is the way his staff is rallying with ideas. “There’s nothing crazy,” Ettling [...]

Kansas school funding could see cuts tied to pandemic

info2020-06-10T08:11:57-05:00June 9th, 2020|

Kansas school districts are trying to budget for some pretty big unknowns right now. No one knows if it will even be safe to have students in schools in August, and everyone’s worried about the $650 million hole COVID-19 blew in the state’s budget. Administrators are worried that if the state’s economy doesn’t rebound soon, they’ll have to make deep cuts in the middle of next school year. “There’s not a superintendent that isn’t preparing for something like that,” said Glen Suppes, the superintendent of the Smoky Valley Public Schools in Lindsborg. “We continue to hear optimism from (state education) Commissioner [...]

Derby receives funding to help businesses

info2020-06-10T08:12:12-05:00June 9th, 2020|

After an application made following a May 26 city council meeting, the city of Derby recently learned (as of June 2) it will be receiving $132,000 in Community Development Block Grant Coronavirus Response Supplement funds through the Kansas Department of Commerce. CDBG-CV funds were made available at the state level through the Coronavirus Aid, Relief and Economic Security (CARES) Act. Derby was one of 66 Kansas cities and counties to be awarded funding. The funds are intended to help local businesses reopen amidst the coronavirus pandemic. Based on employment members, maximum allotments would be capped at $30,000 or $50,000 for each [...]

Marion County receives large grant to help local businesses

info2020-06-10T08:12:23-05:00June 9th, 2020|

The Marion County Board of Commissioners met on Monday, June 8. All were in attendance at the courthouse. The meeting opened with the usual updates on COVID-19. Health Department Administrator Diedre Serene stated that there are no new cases which has been the situation for several weeks now. She suggested that for now, the weekly COVID-19 updates be suspended as Marion County seems to have accomplished the goal of flattening the curve and stopping the spread of the virus. Serene asked that everyone remember to be safe and follow the same suggestions she has been giving along the way such as [...]

Shawnee Mission expects to have plans in place for educating students amid pandemic this fall by next month

info2020-06-10T08:12:40-05:00June 9th, 2020|

The Shawnee Mission School District has tasked a group of staff members with devising a range of plans to accommodate students this coming fall — either in person or virtually — as schools across the state wade through the uncertainty caused by the COVID-19 pandemic. In a report to the board of education Monday, Superintendent Mike Fulton said the district will be relying on guidance from the state, which is expected to be released no later than July 10, before finalizing its approach for the start of the 2020-21 school year. Fulton noted that district parents and teachers had provided ample [...]

Proposal to address teacher workload issues would require property tax increase for Shawnee Mission patrons

info2020-06-10T08:13:00-05:00June 9th, 2020|

The Shawnee Mission Board of Education will need to decide by next month whether to put a new bond issue before area voters this fall — a move that, if approved, would allow the reallocation of some expenses and open up funding to hire dozens of additional secondary teachers, a key step to addressing the workload issues that dominated this year’s contentious contract negotiations. But the move would require a tax increase for district patrons, and wouldn’t lead to substantial workload reductions for a couple of years. Superintendent Mike Fulton on Monday presented the board with the results of a study [...]