Municipal Bond Trends for March 12, 2020

2020-04-16T08:06:29-05:00March 13th, 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.

Wichita increases precautions to prevent potential spread of COVID-19

2020-03-13T08:25:17-05:00March 13th, 2020|

The City of Wichita is working on a plan to prevent the potential spread of coronavirus. Mayor Brandon Whipple says he is meeting with staff and other health officials. “It’s important that we take the right steps to protect our neighbors and make sure we are doing all we can to be responsible,” said Whipple. They are working to determine what practices will best keep Wichita and neighboring communities ahead of any possible spread of the virus. (Read more: KSN-TV)

NLC provides Coronavirus Response Resources for Local Leaders

2020-03-13T08:24:03-05:00March 13th, 2020|

Cities, towns and villages are on the front lines of responding to the outbreak of coronavirus disease (COVID-19) in their community. Local elected leaders have the primary responsibility for ensuring the health and safety of their residents. Local governments have longstanding emergency protocols for public health emergencies and community members rely on them to provide them with timely, accurate information about their local preparedness and response. NLC is committed to providing our members the necessary tools and resources to ensure local leaders are well equipped to navigate the current outbreak of coronavirus disease (COVID-19) in their community. (Read more: NLC)

Sumner Community Hospital closes its doors with no forewarning

2020-03-13T08:22:07-05:00March 13th, 2020|

Sumner Community Hospital closed its doors [Thursday night]. At the end of the workday, the hospital employees were told that they no longer had jobs and they needed to seek employment elsewhere. The news came without warning. Earlier this week the hospital was advertising celebrating its one-year anniversary and just erected a sign in front. (Read more: Sumner NewsCow)

Emporia Main Street in the running for $25 thousand national prize

2020-03-13T08:24:42-05:00March 13th, 2020|

Emporia Main Street, a group dedicated to seeing a robust downtown area in Emporia, is in the running for a $25 thousand prize against main streets across the country. This is the fifth year for the “America’s Main Street Contest”, which is put on by Independent We Stand. Emporia Main Street has been nominated and is in the middle of the first round of voting. (Read more: KSNT News)

Chanute City Manager Jeff Cantrell has been named new Hutchinson City Manager (replacing John Deardoff)

2020-03-13T07:51:56-05:00March 12th, 2020|

Chanute City Manager Jeff Cantrell has been selected to fill that role in Hutchinson, replacing retiring City Manager John Deardoff. Deardoff, meanwhile, has agreed to stay on until May, which is when Cantrell will arrive. “Jeff brings a great deal of experience, energy and ideas to this role,” Hutchinson Mayor Jade Piros de Carvalho stated in a news release. “I’m excited to welcome him to Hutchinson and look forward to working with him to make our community even stronger.” (Read more: Local - The Hutchinson News)

Kansas Department of Education issues virus guidelines

2020-03-13T07:52:53-05:00March 12th, 2020|

The Kansas Department of Education held a virtual meeting Thursday to help guide school officials through a situation in which they appear to have very little control. Officials with the department of education, including Commissioner Randy Watson, spoke to educators across the state about how to handle issues concerning the spread of COVID-19, the disease caused by the coronavirus. According to Watson, no grade schools in Kansas have been asked to close at this point. He said the closing of schools would be up to local health departments and the Kansas Department of Health and Environment. (Read more: Local - The [...]

Muni participants want in on future stimulus bills

2020-03-13T07:53:20-05:00March 12th, 2020|

Muni market participants asked Congressional leaders to use a stimulus bill as an opportunity to push muni bond initiatives and increase infrastructure efforts amid economic stress caused by COVID-19. In a letter sent by the Public Finance Network to Congressional leadership Thursday afternoon, the group asked for the restoration of tax-exempt advance refunding, an increase in the cap for bank-qualified debt, and the creation of new direct-pay bonds shielded from sequestration. “If Congress manages to get a quick bill out this week, these in the weeds provisions may make it in,” said Emily Brock, director of the Government Finance Officers Association’s [...]

Across the county, local governments have seen more internal disagreements bubbling to surface

2020-03-13T07:53:56-05:00March 12th, 2020|

Little eruptions have been breaking the surface lately, at council and board meetings across the county: an eye roll here, muttered oath there, a veiled suggestion that leaves someone demanding a point of order. Then the Johnson County Community College trustee board went a step further by deciding to rebuke one of their own with a censure. With that vote came a rare public airing of differences and a glimpse into what can happen when personalities clash hard and no one meets half way. The JCCC vote followed several tense meetings about the intent of the member in questioning school policies [...]

Attorney General’s office says school district had right to keep review of $50 million iPad/Macbook program closed to press

2020-03-13T07:54:16-05:00March 12th, 2020|

The Kansas Attorney General’s Office on Wednesday issued an opinion saying that the Shawnee Mission School District did not violate the Kansas Open Meetings Act when it barred the Shawnee Mission Post from observing a meeting of its Digital Learning Task Force last year. The publication filed a formal complaint against the district after its communications office denied a request to attend and report on a meeting of the group charged with reviewing implementation of the district’s $50 million-plus 1:1 technology initiative, which provides an iPad or Macbook to every student K-12. In a letter outlining the decision, Assistant Attorney General [...]

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