info2020-03-13T07:54:31-05:00March 12th, 2020|
A southeast Kansas city manager is stepping down from his position. City Commissioners confirmed that on Wednesday, Chanute City Manager Jeff Cantrell announced that he will be leaving. He has accepted a position as the new city manager in Hutchinson, Kansas. Cantrell started his current position back in 2015. His last day on the job will be May 14th. (Read more: KSNF/KODE – FourStatesHomepage.com)
info2020-03-13T07:54:51-05:00March 12th, 2020|
Coronavirus claimed its first fatality in the Kansas City region Thursday, a 70-year-old man who lived in a long-term care facility in Wyandotte County, Kansas officials announced. The death was announced by Gov. Laura Kelly, who also declared a state of emergency, allowing officials to activate certain emergency services to assist local communities. State officials said the man was transported to Providence Medical Center in Kansas City, Kansas with acute cardiac symptoms and a fever. He died Wednesday morning. A post-mortem examination revealed that he was infected with virus. Healthcare officials are investigating who might have been in contact with the [...]
info2020-03-12T19:46:18-05:00March 12th, 2020|
The Kansas City area’s first death from the coronavirus was announced Thursday night by Kansas Gov. Laura Kelly. A male in his 70s died in a long-term care facility in Wyandotte County, she said. The announcement came hours after Mayor David Alvey of the Unified Government of Wyandotte County and Kansas City, Kansas, had told residents they did not have a confirmed case of COVID-19 in the county. No cases of the respiratory illness have been confirmed in Kansas City, but three new cases were identified earlier Thursday in Johnson County. In Missouri, Gov. Mike Parson announced the state’s second “presumptive [...]
info2020-03-13T07:55:57-05:00March 12th, 2020|
The 200 new body cameras Overland Park police have used since November have worked so well the city council may buy another 58 so all of its officers can use them. The council’s Public Safety Committee gave its blessing to the purchase of the new cameras Wednesday night, along with a new bomb truck. Only uniformed officers have used the cameras to date. Buying a second batch would allow every commissioned officer access to a camera, said Captain Kyle Livengood. That way an officer working overtime at an event or directing traffic could also be using a body cam. (Read more: [...]
info2020-03-13T07:52:41-05:00March 12th, 2020|
Michael Zezas, managing director of research at Morgan Stanley, notes that muni yields have not fallen as quickly as the Treasury equivalents and recession risk climbs the longer the coronavirus persists. Layer on top of those items the incipient oil competition and quite a storm is brewing. Even liquidity is becoming "disorderly." John Hallacy hosts. (Read more: The Latest)
info2020-03-13T08:27:49-05:00March 12th, 2020|
Count to five. One…two…three…four…five. It’s not much time if you’re doing something fun, but it can be a great deal of time if you’re going through a traumatic event. That’s how long it took for what was then classified as an F5 tornado to go over the Hesston Pizza Hut in 1990, taking the dining room, but leaving two drinks and straws on the counter, as well as leaving everyone hiding in a restaurant bathroom and cooler with their lives. “It sounded like 10 freight trains all at once,” said then-assistant manager at Pizza Hunt Jon Anderson of Newton. “It’s very [...]
info2020-03-12T09:27:17-05:00March 12th, 2020|
U.S. Treasury yields fell sharply on Thursday as the White House decision to impose a 30-day ban on travel from Europe to the U.S. sparked selling across global equities, spurring inflows into haven assets like government paper. The 10-year Treasury note yield fell 12.2 basis points to 0.700%, while the 2-year note rate was down 7.1 basis points to 0.425%. The 30-year bond yield tumbled 9.7 basis points to 1.218%. ... Stocks sold off overnight after President Donald Trump announced a ban on travel from Europe to the U.S. by foreign nationals to stem the spread of the COVID-19 outbreak, adding [...]
info2020-03-12T09:23:33-05:00March 12th, 2020|
The municipal market was hammered Wednesday by the rapidly spreading COVID-19 global pandemic with a more than quarter point correction in AAA benchmarks, issuers pulling deals off the shelves and more reports of pricing and evaluation confusion in an already complicated market. High-yield was being hit hard in the secondary market while several issuers put their new-issues on the day-to-day calendar amid what some are calling an “irrational” market. Three large negotiated deals that were scheduled to price Wednesday were pulled as muni yields skyrocketed up 28 basis points on the MMD AAA and other benchmarks were not far from those [...]
info2020-04-16T08:06:30-05:00March 12th, 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.
info2020-03-12T09:17:46-05:00March 12th, 2020|
Former Topeka police chief Ed Klumpp is convinced hundreds of Kansas corrections employees and court service officers must be covered by the same privacy-protection blanket offered judges and attorneys. Klumpp, who represents three law enforcement organizations in Kansas, said state statue ought to be amended to extend prohibitions on release of information about home ownership and home addresses to a larger category of public employees, including state and local corrections officers, who work with offenders. (Read more: News - Cherokee County News Advocate)
