Olathe reworks requirements for developers to get tax incentives

2023-12-29T11:36:43-06:00December 29th, 2023|

Olathe is changing how developers can get tax incentives. Earlier in December, the Olathe City Council approved amendments to multiple economic incentive policies, updating the requirements for the use of tax abatements, Community Improvement Districts (CID), Tax Increment Financing (TIF) and the issuance of Industrial Revenue Bonds (IRB). The changes bar incentives for delinquent taxpayers and prevent tax breaks for developers threatening legal action against the city. Beginning Monday, incentives typically granted through a CID, TIF or the creation of a benefit district will not be approved if the developer has a financial interest in an existing development with delinquent taxes within the city. Applicants [...]

Call it ‘Swiftonomics’: How Taylor Swift brought a gold rush to Kansas City

2023-12-29T11:31:18-06:00December 29th, 2023|

2023 was a big year for Kansas City. The Chiefs beat the Philadelphia Eagles in the Super Bowl in February. Taylor Swift’s two-night Eras Tour performance in July included an additional song in her set and a new music video debut to accompany her release of "Speak Now (Taylor’s Version)." The city went all out for her stop, creating a lineup of Swift-themed events. But perhaps the most unexpected high for the city was when Swift showed up at a Chiefs game in September, making her relationship with Chiefs tight end Travis Kelce public. Swelce — or Traylor, or Tayvis — brought renewed [...]

Researchers are finding high levels of fertilizer in drinking water from rural Kansas wells

2023-12-29T11:28:06-06:00December 29th, 2023|

Matthew Kirk has an unpleasant task: breaking the news to families about fertilizer chemicals in their drinking water. The Kansas State University geology professor and his collaborators check for nitrogen pollution in the private wells that so many rural households depend on. “Most of the well owners that I've talked to,” Kirk said, “this isn’t something that’s really on their radar.” Researchers aim to test about 150 private wells in south-central Kansas in Barton, Stafford, Pawnee, Edwards, Rice, Pratt and Kiowa counties. Students and scientists from K-State and Barton and Dodge City community colleges have teamed up to test about 90 so far. Of those, half [...]

Salina Fire Department has a new alerting system

2023-12-29T11:22:00-06:00December 29th, 2023|

The Salina Fire Department announced on Wednesday that they have implemented a new fire station alerting system. According to the SFD, the Phoenix G2 Fire Station Alerting System by USDD Honeywell offers the latest standards and technologies in emergency response. The new system features "heart-healthy ramping tones, lights, message boards, and color-indicating lights that provide a comprehensive alerting system for the firefighters." The SFD says that this system will enhance efficiency and safety for both the SFD and Saline County Rural Fire Districts serving Salina and Saline County residents. "The automation of the alerting process allows dispatch to stay on the line [...]

Marching on: City band director plays in Macy’s Thanksgiving Day Parade

2023-12-29T11:13:56-06:00December 29th, 2023|

Jenna Morris, a music teacher at Southern Coffey County and director of the Iola Municipal Band, took part in the Macy’s Thanksgiving Day Parade this year. The Macy’s Thanksgiving Day Parade is a spectacle enjoyed by millions every year, but for Jenna Morris, a local musician and music educator, it became a dream come true as she recently took part in the parade with the Band Directors Marching Band. Morris, a music teacher for the Southern Coffey County school district in Le Roy, had the opportunity of a lifetime to join the group of band directors and music educators from across North [...]

Wichita arts groups generated more than $184 million in economic activity last year

2023-12-29T11:09:35-06:00December 29th, 2023|

A national arts group found Wichita's nonprofit arts organizations are leaving a large economic footprint. Americans for the Arts conducted an Arts and Economic Prosperity Study to gauge the economic impact of the arts in Wichita and in more than 370 regions. In 2022, the arts generated more than $184 million in economic activity in Wichita, the report said. "There's so much more money out there being generated," said Lindsay Benacka, director of the Division of Arts and Cultural Services for the city of Wichita. "We're just looking at this slice of nonprofit as a general admission." Nonprofit arts organizations in Wichita support slightly less [...]

A Sedgwick County firefighter’s invention helps those in his profession

2023-12-29T11:04:46-06:00December 29th, 2023|

Firefighter Nathan Helten was tired of having wet gloves when heading out to a fire. He knew there had to be a solution, but he couldn't find any — so he invented one. After more than a year in the preliminary stages, Helten took his startup to market. With the advice of fellow Sedgwick County firefighters and the Intellectual Property and Technology Transfer at Wichita State University, the Handy Hook became a reality. "I knew there had to be a better way," said Helten, who has worked as a firefighter for more than a decade. "I've always had that mentality." Helten [...]

Augusta airport looks to bring in larger aircraft with runway repairs

2023-12-29T11:02:10-06:00December 29th, 2023|

After more than a decade in the works, the Augusta Municipal Airport is getting ready to repave its runway. Because of disrepair and large bumps on the pavement, the runway will be fully shut down from Jan. 8 until mid-February, and then again in late March through October. As the airport has one runway, airplanes will not be able to take off or land during construction, which is an approximately $11-million effort. "The runway is in poor condition," said Ray Self, Augusta Municipal Airport manager. "It has pretty decent-sized cracks. It's pretty rough when you land on it." Along with being narrower and shorter [...]

Municipal Bond Trends for December 28, 2023

2023-12-29T09:23:19-06:00December 29th, 2023|

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 December 27, 2023

2023-12-28T11:45:32-06:00December 28th, 2023|

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.

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