News – Page 468 – Ranson Financial Group LLC

Evergy scraps plan to run new power poles through central Wichita park, neighborhoods

info2024-04-15T11:18:16-05:00April 15th, 2024|

Evergy has called off plans to run new, taller power poles through Riverside Park and nearby north-central Wichita neighborhoods after two years of vocal opposition from residents. The transmission replacement between the 17th and Emporia substation and the 11th and Jefferson substation will move forward, but the rebuild route will stop there instead of continuing across the river and through the park. “After further evaluation of the transmission line between the substation at 11th Street and Jefferson to the substation at 777 West Central Avenue, we determined the rebuild is not needed at this time,” Evergy Communications Manager Kaley Bohlen said [...]

Wichita launches $5 million program to boost affordable housing supply

info2024-04-15T11:16:26-05:00April 15th, 2024|

As housing supply remains stubbornly low throughout Wichita, low-to-moderate income households remain particularly impacted. The city announced Thursday an initiative aimed at increasing affordable housing options in the city's core, through a $5 million investment in the creation of the Affordable Housing Fund program. AHF provides an avenue for developers and contractors to buy and rehabilitate homes that can then become viable and accessible to low-to-moderate income individuals and families — either as rentals or houses available for purchase. "The program will develop safe, healthy and affordable housing options for income-qualified residents," a news release said. In early May, the city plans to issue [...]

Municipal Bond Trends for April 12, 2024

Henry Schmidt2024-04-15T08:59:58-05:00April 15th, 2024|

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. 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.

66,000-square-foot Immaculata Church is a draw to City of St. Mary’s

info2024-04-14T13:25:41-05:00April 14th, 2024|

The impact of the building stretches beyond the town of St. Marys, population 2,749. On an average weekend, about 4,000 people attend the four Masses celebrated at Immaculata. “Not only has it already drawn many people here from other SSPX chapels, but it has also drawn more Catholic souls here who are learning about tradition,” said Father Patrick Rutledge, who has served as rector of the parish for eight years. “It has also drawn even many non-Catholics to come and see what the Catholic faith and the worship of almighty God is all about.” Source: Salina Journal

Here’s how officials are working to make Topeka ‘the ideal site’ for new aviation jobs

info2024-04-14T13:10:41-05:00April 14th, 2024|

Wichita has long been known as the Air Capital of the World. Efforts are taking off to likewise turn Topeka into a key center of operations in the aviation industry. The Metropolitan Topeka Airport Authority and economic development officials here are teaming up to work to create an environment aimed at bringing hundreds of aviation jobs to Topeka, The Capital-Journal was told recently by Curtis Sneden, director of economic development for the MTAA. Source: CJonline

Municipal Bond Trends for April 11, 2024

Henry Schmidt2024-04-12T09:55:51-05:00April 12th, 2024|

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. 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.

Municipal Bond Trends for April 10, 2024

Henry Schmidt2024-04-11T10:15:54-05:00April 11th, 2024|

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. 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.

Hot inflation data pushes market’s rate cut expectations to September

info2024-04-11T07:31:07-05:00April 11th, 2024|

As recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign that would reverse some of the most aggressive policy tightening in decades. Three months of inflation data have brought those expectations back down to earth. March's consumer price index report Wednesday helped verify worries that inflation is proving stickier than thought, giving credence to caution from Fed policymakers and finally dashing the market's hopes that the central bank would be approving as many as seven rate cuts this year. Source: CNBC

Public works director made interim city administrator of Hiawatha

info2024-04-11T07:28:19-05:00April 11th, 2024|

Public Works Director Brad Scott was made Interim City Administrator based on approval by all city commissioners at the end of Monday’s City Commission meeting. In the meanwhile as Scott serves in the interim position, he will also advertise the city administrator position. Mayor Becky Shamburg congratulated Scott for accepting the position. Source: City Government | hiawathaworldonline.com

North Newton changes marijuana possession from misdemeanor to infraction

info2024-04-11T07:25:14-05:00April 11th, 2024|

People caught with a small amount of marijuana in their vehicles in North Newton will be issued a traffic infraction ticket if this is their first offense. North Newton City Council members unanimously passed 4-0 an ordinance amending the uniform public offense code for possession of marijuana on Monday night. Councilman Dennis Campbell was not at the meeting. Source: Harvey County Now