News – Page 222 – Ranson Financial Group LLC

10-year Treasury yield rises after Fed minutes say to expect gradual rate cuts

info2024-12-02T09:43:04-06:00December 2nd, 2024|

The 10-year U.S. Treasury yield advanced on Tuesday as investors analyzed latest Federal Reserve meeting minutes and key economic data due this week. The yield on the 10-year Treasury rose more than 3 basis points to 4.296%, regaining some ground after tumbling in Monday’s session. The 2-year Treasury yield was near flat at 4.254%. Yields and prices moved inversely to one another, and one basis point equals 0.01%. The Fed minutes said future interest rate cuts were likely, but to expect them to come “gradually.” The minutes were tied to the Federal Reserve’s last policy meeting earlier this month, when it [...]

Prairie Village may buy a nearby church site — Will it become the new city hall?

info2024-12-02T09:41:28-06:00December 2nd, 2024|

A years-long project to remake Prairie Village’s city hall and police department may be taking a large step forward. The Prairie Village City Council on Monday is anticipated to consider taking out $5 million in bonds to pay for the Mission Road Bible Church property at 7820 Mission Road. This property, if purchased, is likely to become the location for a new city hall — a project that has been in the works for at least two years. For months now, Prairie Village has been publicly discussing the purchase of this property as it relates to the $31 million new city [...]

Wichita City Council to vote on new police union contract. What’s in it, and what’s not?

info2024-12-02T09:40:05-06:00December 2nd, 2024|

The Wichita City Council is poised to vote on a new contract with the Fraternal Order of Police that gives officers hefty raises and eliminates one controversial provision that allowed officers to buy their way out of suspensions. But the contract won’t include many of the police accountability recommendations put forward in a $214,000 report by national police consultant group Jensen Hughes in 2023, and in at least one instance directly conflicts with a Jensen Hughes recommendation. Those proposals — including changes to officer discipline, promotion policies aimed at diversifying the department, excessive force policies and a requirement that officers immediately [...]

Mission Hills will add 3 more license plate readers along State Line Road

info2024-12-02T09:39:01-06:00December 2nd, 2024|

The Mission Hills City Council unanimously approved installing three new traffic cameras and license plate readers at three intersections along State Line Road. At its Monday, Nov. 18, the council approved the police department’s request to install cameras and plate readers at the intersections of State Line and 65th and 68th Streets, as well as at 70th Terrace. The estimated total cost for the three cameras is about $81,300, Mission Hills City Administrator Jennifer Lee said in an email after the meeting. The cameras and license plate readers are separate pieces of hardware that are installed together, Lee said. Source: Johnson [...]

Wichita’s emergency winter shelter to open in less than 2 weeks. Here’s what to know

info2024-12-02T09:38:05-06:00December 2nd, 2024|

Update: HumanKind Ministries announced Wednesday that the emergency winter shelter will open Friday, Nov. 29. The emergency winter shelter in the former Park Elementary School will open on Dec. 2. The low-barrier shelter is part of the planned multi-agency center for homeless services at 1025 N. Main St. “Our immediate goal and objective is an emergency winter shelter, a 24/7, at least 18-week shelter through the winter months, much like we did last winter,” Assistant City Manager Troy Anderson said. “And then the goal is to ultimately transition into a full-time shelter with support services.” Humankind, a nonprofit formerly known as [...]

Arkansas City police hosting toy drive

info2024-12-02T09:36:25-06:00December 2nd, 2024|

The Arkansas City Police Department is hosting a toy drive to help children in the community. The Blue Santa Toy Drive runs until Dec. 16. The department is collecting new, unopened toys to distribute to families who could use extra cheer this season. A donation box has been placed in the police department lobby at 117 W. Central Ave. The box will be monitored and emptied daily. “We’re excited to help make the holidays brighter for kids in Arkansas City. Every donation, big or small, can make a meaningful impact,” Chief Jim Holloway said. Contact the Arkansas City Police Department at [...]

Galena police raise funds to bring Christmas joy to area kids

info2024-12-02T09:35:19-06:00December 2nd, 2024|

Boots were on the ground today in Galena, and in the hands of police officers. Actually, not so much boots as they were stockings. For a 2nd-straight year, members of the Galena Police Department, which included those who are part of the department’s reserve program, volunteered their time for a few hours at the intersection of 7th and Main. They were taking donations for what will benefit some less fortunate children this Christmas. This event raised a little more than $3,000 last year. Source: KSNF/KODE

New movie has ‘Wicked’ impact on Wamego museum

info2024-12-02T09:34:06-06:00December 2nd, 2024|

The latest story from the world of the wonderful wizard is selling more than just movie tickets. “Wicked” — a cinematic adaptation of the Broadway musical — debuted in theaters last weekend and made $164.2 million globally. The most recent spinoff of the classic 1939 film “The Wizard of Oz” is so popular folks from around the country are flocking to Wamego’s longstanding OZ Museum. “We’ve seen about a 25% increase in visitors over the last 3 or 4 weeks,” Caiti Roush, coordinator of the museum’s gift shop said, “which is pretty significant.” Source: KSNT 27 News

Artwork at JoCo park will pay homage to victims of brutal chapter in American history

info2024-12-02T09:32:35-06:00December 2nd, 2024|

A new art installation planned for the area near the Heritage Park marina is being hailed as the largest to commemorate the 660-mile forced removal of the Potawatomi people known as the “Potawatomi Trail of Death.” The artwork, entitled “Fire Keepers Circle” will be of painted wood, concrete and steel and evokes a blanket encircling a small gathering space. The painted background consists of a representation of the route the Potawatomi people were forced to take from Indiana to Kansas nearly two centuries ago. Source: Shawnee Mission Post

Municipal Bond Trends for November 29, 2024

Henry Schmidt2024-12-02T09:25:16-06:00December 2nd, 2024|

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.