News

Kansas wants to create a sports authority to own the new Kansas City Chiefs stadium. Public rather than private ownership of the stadium will shield more than $1 billion from being collected as income taxes. Kansas has agreed to finance 60% of $4 billion in stadium projects. Those projects include a 65,000-seat domed stadium in Kansas City, Kansas, and other developments near the Legends and in Olathe. Kansas will fund the stadium using sales tax and revenue bonds, or STAR bonds. Those bonds take out debt that will be repaid with future sales tax dollars from inside a stadium district. A [...]

A state program that funds projects that use waste tire products has announced nearly half a million dollars in grants to Kansas schools and communities. On Monday, the Kansas Department of Health and Environment announced that $493,709.55 was awarded to 32 projects across the state. The projects will use recycled tire products for things like playground surfaces and picnic tables. Read more: KSN-TV

The Wellington City Council will be discussing at Tuesday’s meeting whether or not to enter into an energy sales agreement between the City of Wellington and CORMER for the development of a Tier IV Data Center, north of the community. The proposed project location is a parcel owned by the Wellington Humane Society, situated just north of the City Limits but within the City’s utility service territory. Data centers are the physical infrastructure behind AI — the buildings that house the specialized computers needed to run AI systems. “As demand for AI has surged globally, the race to build this infrastructure [...]

Peabody Market wasn’t very busy on Friday afternoon, and that reflects a concern of owner Catherine Weems. Business hasn’t been great, and Weems can’t pinpoint it to any one cause. “We’re just trying to stick around,” Weems said. “I bought this grocery store with the intent of being of service to the community. I don’t make a dime off of it. Everything I make has been reinvested into the store.” She said it’s not a self-serving venture; it’s entirely for the community. “I really want it to continue,” she said. The grocery store has been in business for more than 50 [...]

Ron Harrison, an avid Manhattan fisherman, remembers a time when Tuttle Creek Lake stretched several miles north of the Randolph Bridge and the fishing, especially catfishing, was good. “Now, there’s only a few times a year, when there’s been a lot of rain and the water is really rolling in, that there’s any water at all north of the Randolph Bridge,” he said. “The whole north end is just a mess — a big, muddy mess.” That “mess” is the most visible sign of sedimentation that threatens the life of the reservoir — as well as the lives of many other [...]

Nitrate continues to be above safe levels in one Kansas community. Tests collected on March 6 found nitrates at 13 milligrams per liter in Reno County Rural Water District 101, which serves the Yoder area. That exceeds state and federal regulations for the maximum contaminant level, which is 10 milligrams. High nitrate levels in the district’s water supply have been a problem dating back to at least 2020. Nitrates pose the greatest risk to infants under 6 months old, pregnant women and those with certain health conditions. The county offers bottled water upon request to homes with those at risk. Elevated [...]

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 Kansas Department of Commerce celebrated the success of the 2025 Community Development Block Grant Program (CDBG) last week by bringing together representatives from 50 Kansas communities, statewide grant administrators, legislators and members of the Kansas congressional delegation. The event highlighted the impact of more than $22 million in CDBG funding awarded in 2025 to projects across Kansas, leveraging $28,846,991 in local and partner match funding to invest in rural development and local infrastructure. Combined, the projects represent a total investment of $50,920,498 in communities throughout the state. See the awardees: Commerce

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 Community Development Block Grant program provides funding for projects in rural, lower-income areas. Projects include infrastructure improvements, park renovations, and commercial building rehabilitation. In 2025, the state awarded $22 million to 50 communities, combined with $29 million in local matches. Read more: CJonline For assistance with grant applications and administration contact Ranson Financial.