Analysts Tell Lawmakers That Kansas Electric Rate-Making System Favors Utilities

2020-01-13T22:12:29-06:00January 13th, 2020|

An independent review of Kansas’ rising electricity prices shows the current system for setting rates could use some improvements. In a lengthy report requested by state legislators and submitted by London Economics, analysts concluded three main things: The current ratemaking process has been slightly balanced in favor of utilities, regulators are limited in their ability to protect consumers from paying for underused investments (such as aging coal plants), and additional bill surcharges and have been a key driver of rising rates. The report looked at rates from all Kansas electric utilities — from co-ops to municipals to Evergy, the largest utility in the [...]

Wichita’s new mayor takes the oath of office

2020-01-13T22:09:08-06:00January 13th, 2020|

Brandon Whipple is now the mayor of Wichita.  He was given the oath of office Monday evening during a special city council meeting at city hall. In a brief statement after the swearing-in ceremony, Whipple said the event is about the future of Wichita, and he said he will be working with a diverse city council with experience, ready to take on the problems facing the city. He said as the city goes through changes in the future, he and the council will work together as “Team Wichita.” City council members Becky Tuttle, Jeff Blubaugh and Bryan Frye took the oath [...]

Boeing travails begins to ripple, 2,800 jobs lost in Kansas

2020-01-12T18:59:10-06:00January 12th, 2020|

Problems for Boeing and its troubled 737 Max aircraft, which appear to be growing deeper, have begun to ripple outward with a major supplier announcing Friday that it will lay off more than 20% of its workforce in Kansas, where it is based. The announcement of 2,800 layoffs at a major employer in Wichita, the state's biggest city, come one day after documents became public showing that Boeing employees raised doubts about the safety of the 737 Max, apparently tried to hide problems from federal regulators, and ridiculed those responsible for designing and overseeing the jetliner. (Read more: Area | derbyinformer.com)

Draft of Downtown Lawrence Master Plan envisions shift to ‘experience-based’ businesses

2020-01-12T18:53:45-06:00January 12th, 2020|

Within the next 20 years in downtown Lawrence, residents might not shop at a row of retail stores — instead, they might go “play with gadgets, meet with personal stylists” and visit a variety of “experience-based businesses” that offer unique services that you can’t buy online. That’s the vision outlined in a newly released draft of the first sections of Lawrence’s new Downtown Master Plan, and some city leaders say it’s a reality that Lawrence needs to face in order to adapt to changing retail trends. Read more: LJWorld.com.

Municipal Bond Trends for January 10, 2020

2020-04-16T08:06:50-05:00January 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 Advisors.

Kansas’ recession hangover drives quest for economic development remedies

2020-01-12T18:25:35-06:00January 12th, 2020|

Brookings Institution policy director Marek Gootman moderated a panel discussion on economic development with a congressman, commerce secretary and chamber of commerce president. Gootman, who works to bridge gaps between think-tank perspective and real-world action, ended up stealing his guests’ thunder with a buffet of statistics and theories about how technology, population, education and innovation factored into a region’s ability to match talent to opportunities for growth. And, he said, the metrics in Kansas add up to profound problems of economic competitiveness. “Kansas and its economies have not recovered from the recession,” said Gootman, who considered conditions best in the Wichita [...]

Louisburg receives grant for Lewis-Young Park upgrades

2020-01-12T18:51:36-06:00January 12th, 2020|

A number of improvements are planned for Louisburg’s largest park. The city of Louisburg learned Monday, Jan. 6, that it had received a $260,250 National Park Service grant to enhance Lewis-Young Park. Improvements include new fencing on A and B fields, lighting and new pole installation on A field, construction of a nine-hole disc golf course, paving the current graveled parking lots next to B & C field and the area around the concession stand, and a pavilion located near the east parking lot at the soccer fields, according to a city news release. The improvement project also is to include [...]

New transportation plan, end of highway robbery shape budget outlook

2020-01-12T18:21:10-06:00January 12th, 2020|

As Kansas lawmakers prepare to adopt a new plan for funding highways and other infrastructure across the state, the Kansas Department of Transportation is shifting gears with its strategy for working with local communities. KDOT secretary Julie Lorenz said the catalyst for transportation projects used to be job creation. Now, with the state economy stressed by a shortage of workers, the emphasis is on quality of life. “We are focused on how do we make Kansas communities livelier and more attractive, places where people want to live and raise their kids, and their kids stay and create forever homes,” Lorenz said. [...]

Overland Park seeks final community input on Strang Park improvement plans

2020-01-12T18:19:27-06:00January 12th, 2020|

Park patrons have another chance to offer insight and direction on improvements for one northern Overland Park park. The city embarked on the Strang Park renovation journey in July 2019 when it hired  Kansas City landscape architecture firm Viero to complete design work for the park. As previously reported by the Shawnee Mission Post, the city included a $2.2 million Strang Park project in its five-year plan. Construction is set to begin in summer 2020, but not before a third community planning meeting to discuss improvement plans for Strang Park, which is located at 89th Street and Farley Street. The city-hosted [...]

Behind the scenes of Topeka Civic Theatre’s playreading committee

2020-01-12T18:17:02-06:00January 12th, 2020|

During a typical season at Topeka Civic Theatre, 275 nights out of the year, a production takes place on one of the theater’s stages. The plays and musicals that debut at TCT can make an audience laugh, cry, scare or think. No one has to second-guess that the actors evoking those emotions from the audience put in long hours to make the production a memorable one. But a particular group of volunteers, made of up 13 individuals, spends countless hours before a new season premieres making decisions about which productions they think will bring an audience to the theater. (Read more: [...]

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