News

Municipal Bond Trends for November 6, 2024

2024-11-07T10:34:33-06:00November 7th, 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.

Falling Rates, Rising Tax Risk Give Some Shine to Muni Bonds

2024-11-06T11:01:46-06:00November 6th, 2024|

Municipal bond issuance in the U.S. is heating up as local governments ramp up borrowing and investors gobble up the low-risk securities. ... local governments have needed to borrow more as the massive federal stimulus received during the pandemic wears off. Issuances also are increasing in size, as the cost of projects become more expensive due to rising prices for materials, labor and services. Meanwhile, as the Federal Reserve cuts interest rates, yield-seeking investors have more reason to park their cash in munis. Source: WSJ.com: Markets

Ballot questions pass in Barton and Pawnee Counties

2024-11-06T11:00:39-06:00November 6th, 2024|

Voters in Great Bend, Ellinwood, and Pawnee County all had special election questions on their ballots Tuesday and all three passed. Great Bend’s half-cent sales tax will continue, Ellinwood USD 355’s bond issue was approved, and in Pawnee County, establishments will be able to sell liquor by the drink without a minimum food sales requirement. Source: Great Bend Tribune

Lawrence voters approve expanding affordable housing sales tax, providing more funding for homelessness services in city

2024-11-06T10:49:40-06:00November 6th, 2024|

Lawrence voters on Tuesday approved a referendum that will double the city’s affordable housing sales tax to help provide more funding for services to help people experiencing homelessness. A total of 20,923 voters, or 53.32%, voted “yes” on the ballot initiative to raise the affordable housing sales tax from 0.05% to 0.10%, according to the unofficial results from the Douglas County elections office; 18,314, or 46.68%, voted against the increase. Source: LJWorld

Municipal Bond Trends for November 5, 2024

2024-11-06T10:11:28-06:00November 6th, 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.

Lawrence voters reject proposal that would have altered structure of city government and added a direct mayoral race

2024-11-06T09:37:38-06:00November 6th, 2024|

Lawrence voters on Tuesday narrowly rejected a referendum that would have altered the city’s structure of government, voting down a proposal that would have included a direct mayoral election and additional commissioners in the city, with some voted on by districts and others serving at large. A total of 18,815 Lawrence voters, or 50.86%, chose “no” on the referendum, according to the unofficial vote totals from the Douglas County elections office with 100% of precincts reporting, while 18,178 voted “yes”, or 49.14%. That means the city government will keep its current format, with five city commissioners who choose one of their [...]

Finned friends find home in Halstead City Hall

2024-11-06T09:36:44-06:00November 6th, 2024|

Halstead City Hall has a new face to greet the public in the form of a betta fish. Deputy Clerk Bre Connell started introducing the fish to the office several months ago after loving the ones she had at home. Connell first brought “Swim Shady” from her home to the office. Source: Harvey County Now

New study calculates New Century AirCenter’s economic impact at $1.1 billion

2024-11-06T09:35:13-06:00November 6th, 2024|

New Century AirCenter contributes an annual economic impact of $1.1 billion to the local and regional economy, according to a study conducted by the County Economic Research Institute. Through strategic investments and professional management, the Johnson County Airport Commission has transformed the airport into a bustling hub of economic activity. Source: Johnson County Kansas

Garden City Launches New Website for Enhanced User Experience

2024-11-06T09:21:16-06:00November 6th, 2024|

The City of Garden City is pleased to announce the official launch of its newly redesigned website, a significant enhancement aimed at improving accessibility, user experience, and transparency for anyone residing, visiting, or investing in our community. Source: Garden City, KS

WPD creates property crimes task force

2024-11-06T09:19:47-06:00November 6th, 2024|

The Wichita Police Department has created a task force to crack down on property crimes across the community, and the group is already reporting success. The task force will work with local businesses to target retail thefts, car break-ins and other crimes, with a zero tolerance policy. Police Chief Joe Sullivan says “The message is clear. Wichita is a place where property crimes will be met with decisive action,” and the task force will be working to keep streets safe and businesses protected. Chief Sullivan said in its first few weeks, the team has already conducted 80 investigations leading to 43 [...]

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