info2020-03-11T07:02:33-05:00March 11th, 2020|
Wellington Police Chief Tracy Heath calls it a tire slashing spree. Chief Heath called Monday morning a tough start to the week after four teens, who have been arrested, slashed more than 100 tires on at least 35 cars. “It pretty much took all day to fix — two of them yesterday and mine today,” said Kelci Owens. (Read more: KSN-TV)
info2020-03-11T07:08:16-05:00March 11th, 2020|
The Sedgwick County appraiser is calling for some northeast Wichita homeowners to appeal their property valuations after the county failed to consider the giant metal power poles Evergy planted in their yards. The recommendation to appeal came after The Wichita Eagle found two properties in the neighborhood had increased in value after 105-foot-tall steel poles were put in their yards. One of the homes jumped 40% in appraised value. An oft-photographed, two-floor home at 1147 N. Green increased in value after a pole was installed, from $11,640 to $16,300, according to appraisal records. (Read more: Local News |)
info2020-04-16T08:06:30-05:00March 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.
info2020-03-10T07:04:12-05:00March 10th, 2020|
The first confirmed case of coronavirus in Kansas has been admitted to a special treatment unit for emerging infectious disease at the University of Kansas Hospital in Kansas City, Kan., state and hospital officials said Monday. The Kansas Department of Health and Environment confirmed the patient was the woman from Johnson County identified Saturday as the first case of COVID-19 diagnosed in Kansas. She likely contracted the virus while traveling on the East Coast. Her family has entered voluntary quarantine. “We will have more cases in the state of Kansas,” said KDHE Secretary Lee Norman. “It’s going to be hard ... [...]
info2020-03-10T07:03:03-05:00March 10th, 2020|
A Labette County committee studying wind energy took its first formal action related to wind farm development on Monday morning, recommending restrictions on meteorological evaluation towers in the county. Four members of the five-member committee — Sandy Krider, Lori Whitworth, Mel Hass and Kevin King; Rod Landrum was not able to attend — agreed on Monday to recommend the towers that measure wind characteristics at various locations would be no taller than 200 feet. The towers must be set back from structures and public roads the distance of 2 1/2 times the tower height and fences must enclose the guy wires [...]
info2020-03-10T07:02:23-05:00March 10th, 2020|
After growing up on the land her ancestors homesteaded in 1874, and then leaving for more than a decade, Marci Penner does not want to move away from her native soil again. With a master’s degree and a career in counseling, Penner came home to Inman, and along with her father, Milferd, a farmer who wrote photo essay books on Kansas, the two began a journey of a lifetime — to discover rural Kansas one town at a time. “Our roots run deep to Kansas,” Penner said. “We realized Kansans don’t know their state very well, and they don’t network.” The [...]
info2020-03-10T08:24:44-05:00March 9th, 2020|
The municipal market fell as much as 10 to 12 basis points at one point on Monday amid the COVID-19 crisis and its ricocheting effects on the global economy. But the municipal market is lagging the rest of the world because munis as an asset class are fundamentally more difficult to monitor and evaluate. Given the fragmented state of the municipal market with more than 50,000 issuers, many different structures, low liquidity, archaic benchmarks, delayed and non-standard financial filings, the market is having to deal with this crisis moment by moment. As participants unpack what is unfolding globally, there is room [...]
info2020-03-09T21:43:44-05:00March 9th, 2020|
Investors who thought U.S. Treasury yields could not get any lower received another shock Monday. A plunge in oil prices combined with worries about the spreading coronavirus combined to drive market participants into Treasuries, accelerating a years-long rally that has taken yields on the 10-year Treasury to below 0.5%, a number few investors thought they would see in their lifetimes. Bond yields fall as their prices rise. Other key factors that have stoked the move higher in U.S. government bonds include unprecedented asset purchases by the Federal Reserve, stubbornly low inflation, changing U.S. demographics and slower growth. Read more: Reuters.
info2020-03-10T07:06:27-05:00March 9th, 2020|
Oil futures plunged to a four-year low Monday, on track for the biggest one-day drop since 1991 as OPEC and Russia appear headed for an all-out price war — shaking a market already reeling from the demand shock created by global spread of COVID-19. West Texas Intermediate crude for April delivery CL.1, 9.637% on the New York Mercantile Exchange fell $10.15, or 24.6%, to end at $31.13, after briefly trading below $29 in early trade. May Brent crude BRNK20, 10.041%, the global benchmark, dropped $10.91, or 24.1%, to settle at $34.36 a barrel on ICE Europe. The percentage declines for both [...]
info2020-03-10T07:08:47-05:00March 9th, 2020|
Inability to land “Hamilton” — the musical — has been cited for years as an example of why Wichita needs a new $187 million performing arts center to replace the blue-domed Century II building that has dominated Wichita’s skyline for the last 51 years. It picked up steam in the past year while a coalition of city and county government, several quasi-public agencies and business groups composed the Riverfront Legacy Master Plan, a $1.2 billion plan to remake the east river bank between Douglas and Kellogg.... But the “we can’t get ‘Hamilton’” rationale dissolved this past week when the American Theatre [...]
