News

City of Topeka hires assistant city manager

2025-05-12T13:21:01-05:00May 12th, 2025|

Avery Moore will serve as the next assistant city manager, according to a press release from the City of Topeka. Moore holds a bachelor's degree in criminal justice, a master's degree in management and is a Ph.D. candidate in leadership at Liberty University. Prior to joining the City of Topeka, Moore worked as a chief of police in Washington State. Source: KSNT 27 News

Municipal Bond Trends for May 9, 2025

2025-05-12T10:06:04-05:00May 12th, 2025|

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.

De Soto battery plant ramps up hiring as Panasonic announces major global workforce reduction

2025-05-12T09:47:05-05:00May 12th, 2025|

Panasonic announced Friday that it would make major cuts to its global workforce. But local officials said they continue to ramp up to begin EV battery production at the company's new plant in De Soto. During an investor call Friday, the Japanese company announced it would cut 10,000 jobs globally, representing roughly 4% of its total workforce. Panasonic plans to cut about 5,000 jobs in Japan and 5,000 jobs internationally by end of the company’s fiscal year, which ends in 2026. Source: Kansas City Business News - Local Kansas City News | Kansas City Business Journal

Wichita officials aim to expand affordable housing fund and municipal ID program

2025-05-12T09:45:49-05:00May 12th, 2025|

Wichita City Council members vocalized support toward securing sustainable funding for the city’s Affordable Housing Fund Thursday night at the second annual Nehemiah Assembly. The Sedgwick County Commission Chair also committed his support to expanding the city’s municipal ID program to all county residents.  The assembly, hosted by Justice Together, a grassroots coalition of interfaith communities, announces the organization’s policy pursuits. Last year, the group asked officials to commit to the municipal ID program – which launched this spring – and work on sustainable funding for the multi-agency center, Wichita’s year-round homeless services center known as the MAC. The ID program [...]

Recycling back on city’s radar

2025-05-12T09:45:04-05:00May 12th, 2025|

Advocates for a countywide recycling program will address Iola City Council members Monday to share their vision of how a joint city-county venture can succeed in Allen County. The group has tried in recent years to get a system in place, but has yet to find traction with either the city or county governing bodies. Monday’s discussion will include information from Todd Bemis of Coffey County, who will be on hand to explain how that system works. Source: The Iola Register

How one rural Kansas town is bringing kids and nursing home residents together

2025-05-12T09:43:59-05:00May 12th, 2025|

With children’s shouts echoing off of playground equipment, the Logan Manor doesn’t look or sound like your typical nursing home. That’s because it’s also a school. This rural farm town, with a population of 436, recently welcomed nursing home residents and students into its new intergenerational facility, called the Logan Intergenerational Family Education Center. By bringing different age groups together under the same roof, LIFE Center administrators are hoping to foster connection and learning across generations. Source: themercury.com - RSS Results in news of type article

Augusta votes “yes” on USD 402 $55 million bond

2025-05-12T09:42:27-05:00May 12th, 2025|

Despite the controversial opinions of the USD 402 bond issue, the $55 million no-levy increase was passed unofficially this week. The bond passed with 1,745 total Augusta voters casting their ballot. Of those unofficial votes, 1,174 were yes and 571 were no. The post-election ballot audit, which is required by Kansas Statute 25-3009, was held on Thursday evening in the Butler County Commissioner’s room. The three-person team audited 1% of precincts that included Ward 1 and Ward 4. Source: Butler County Times-Gazette

County launches budget simulator to gain public input

2025-05-12T09:41:09-05:00May 12th, 2025|

Sedgwick County recently announced that its new 2026 budget simulator has gone live as of May 6. Available at the county website, the simulator is a hands-on tool intended to get citizens to explore and influence how property tax-supported funds are allocated. The interactive simulation is part of the county’s commitment to transparency, civic education and inclusive public participation. Source: www.derbyinformer.com - RSS Results in news,news/* of type article

Municipal Bond Trends for May 8, 2025

2025-05-09T10:23:17-05:00May 9th, 2025|

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.

Fed holds rates steady as it notes rising uncertainty and stagflation risk

2025-05-09T09:21:14-05:00May 9th, 2025|

The Federal Reserve on Wednesday held its key interest rate unchanged as it awaits fluctuations in trade policy and the direction of a sputtering economy. In a move that carried little suspense given the wave of uncertainty sweeping the political and economic landscape, the Federal Open Market Committee held its benchmark overnight borrowing rate in a range between 4.25%-4.5%, where it has been since December. The post-meeting statement noted the volatility and how that is factoring into policy decisions. Source: Bonds

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