News – Page 550 – Ranson Financial Group LLC

Winfield plans to help workers find jobs after closure of manufacturing facility

info2023-12-04T13:20:53-06:00December 1st, 2023|

Nearly 200 workers in Winfield are expected to be out of work in the coming months. The city says Silgan Dispensing Systems will close its Winfield plastic manufacturing facility. Silgan handed out notifications about the layoffs to employees this week, saying layoffs begin in January. The closure of the Winfield plant is part of a larger trend, according to Wichita State University's economic development and business research director. "When I look at this sector of plastics, it has been declining over the last five years," said Jeremy Hill. "It declined about four percent over the last five years." ... Winfield City Manager Taggart Wall said the [...]

Leawood tightens sports court rules following noise complaints

info2023-12-01T10:27:49-06:00December 1st, 2023|

The city of Leawood has put new rules in place for residents looking to put private sports courts in their backyards. The Leawood City Council last week approved an amendment to the city’s development ordinance requiring new setback and neighbor notification requirements for building new tennis or pickle ball courts. The amendment approved last week requires residents to notify any neighbors by mail within 200 feet that they want to build a sports court. It also requires the court to be screened from neighbors by evergreen landscaping. The midpoint of the court must also now be closer to the owner’s house than to [...]

Mission creating more bike and pedestrian connectivity

info2023-12-04T13:21:35-06:00December 1st, 2023|

The city of Mission will host two public open houses Wednesday that will offer more details about the city’s ongoing bicycle, pedestrian and trail connection study. The focus of the study is to develop a connected network of on- and off-street bicycle and micro-mobility facilities. It also addresses pedestrian-specific concerns such as safety at major street crossings, access to certain destinations and sidewalk and path continuity. The study will result in a plan for a proposed design and appropriate infrastructure in major corridors around the city. Source: Prairie Village Post

PSU, KBI to build $40 million crime center

info2023-12-04T13:21:50-06:00December 1st, 2023|

Plans are being made for Pittsburg State University and the Kansas Bureau of Investigation to partner on a project to build a $40 million regional crime center and laboratory near the PSU campus. The center would serve law enforcement and provide education for future forensic scientists and criminal justice professionals, the university announced Thursday. Plans have yet to be completed, but the center will be located in the Pittsburg Research Park near South Rouse Avenue. The area already houses research and testing laboratories for PSU and is a short drive from the main campus. The initial timeline slates groundbreaking in January [...]

Municipal Bond Trends for November 30, 2023

Henry Schmidt2023-12-01T10:00:39-06:00December 1st, 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.

Kansas Panasonic plant construction, hiring set for busy 2024

info2023-12-01T10:00:28-06:00December 1st, 2023|

Roughly a year after Panasonic officially broke ground on its $4 billion electric vehicle battery plant in De Soto, Kansas, construction crews still have more than a year of work to go before the targeted opening in the first quarter of 2025. But, Panasonic officials say the senior leadership team is in place, 34 engineers have already been hired and are training at the company's Gigafactory plant near Reno, Nevada, to help set up and open the De Soto facility. The workers who will be on the line on day one are expected to be hired in January and February, and spend [...]

Municipal Bond Trends for November 29, 2023

Henry Schmidt2023-11-30T10:08:42-06:00November 30th, 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.

Merriam latest Johnson County city to take up short-term rental issue

info2023-11-30T10:06:21-06:00November 30th, 2023|

Merriam is the latest Johnson County city to discuss short-term rentals like AirBnBs or Vrbos and how to potentially regulate them. With city staff over the past year receiving questions and listening to concerns about short-term rentals from councilmembers, planning commissioners and residents alike, the city council decided to discuss the issue for the first time on Monday night. ... Bryan Dyer, the city’s community development director, told the city council on Monday that there are currently 13 licensed short-term rentals that the city knows of in Merriam city limits. While it is difficult to track short-term rentals, Dyer said, he [...]

Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease

info2023-11-30T10:01:52-06:00November 30th, 2023|

Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to retain the option of raising interest rates if inflation doesn't show enough progress coming down. Markets largely expect the Fed has stopped raising rates and will start cutting in 2024. But Barkin said he's not ready to commit to a particular policy path with so much uncertainty in the air. "If inflation comes down naturally and smoothly, awesome, you know, there's no particular need to do anything with interest rates if inflation steps down," he told CNBC's Steve Liesman during an interview at the CNBC CFO Council Summit. "But [...]

Fed’s Waller expresses confidence that policy is in the right place to bring down inflation

info2023-11-29T12:53:55-06:00November 29th, 2023|

Federal Reserve Governor Christopher Waller said Tuesday he's growing more confident that policy is in a place now to bring inflation back under control. There was nothing in Waller's prepared remarks for a speech in Washington, D.C., that suggests he's contemplating cutting interest rates, and he noted that inflation currently is still too high. But he pointed out a variety of areas where progress has made, suggesting the Fed at least won't need to hike rates further from here. "While I am encouraged by the early signs of moderating economic activity in the fourth quarter based on the data in hand, [...]