Henry Schmidt2023-07-07T04:37:27-05:00July 7th, 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.
info2023-07-06T09:19:03-05:00July 6th, 2023|
When the Fed started raising interest rates to fight inflation, the conventional wisdom was that it would be a boon for Main Street banks. They were expected to increase the rates they charged on loans faster than those paid to depositors, pocketing the difference. Instead, the opposite is happening. The Fed’s hikes and the failures of a trio of midsize banks are prompting once-loyal customers to pull their money out of checking accounts that pay no interest. Banks are paying much higher rates on the deposits they are retaining, which is eclipsing the benefit of charging more on loans. They also [...]
info2023-07-06T09:17:59-05:00July 6th, 2023|
Andover police Lt. Joe Hardy got one of the strangest calls he’s had in his decades in law enforcement Wednesday. “I got a call that somebody had a giant, 10-foot-plus python in their yard,” he said. “I was thinking it would not be a python. So I went out there and I was like, ‘Wow, for once the reporting party is actually totally correct.’” The 10-foot report was conservative. An animal handler who was then called guessed it was more like 15 feet. Andover allows only snakes under 6 feet. Hardy thinks the yellow and white snake is a Burmese python, [...]
info2023-07-06T09:16:32-05:00July 6th, 2023|
Almost all Federal Reserve officials at their June meeting indicated further policy tightening is likely, if at a slower pace than the rapid-fire rate increases that had characterized monetary policy since early 2022, according to minutes released Wednesday. Policymakers decided against a rate increase amid concerns over economic growth, even though most members think further hikes are on the way. Citing the lagged impact of policy and other concerns, they saw room to skip the June meeting after enacting 10 straight rate increases. Officials felt that "leaving the target range unchanged at this meeting would allow them more time to assess [...]
info2023-07-06T08:36:49-05:00July 6th, 2023|
As Panasonic’s battery plant prepares to supercharge job growth along Kansas Highway 10, Eudora has a plan to electrify the area’s tourism scene, too: a 5,000-seat entertainment venue and a slew of new retail and dining options. The proposed development, which would be just south of K-10 and could cost between $40 million and $50 million, is still early in the planning stages, Mayor Tim Reazin told the Journal-World — so early that it doesn’t even have a name yet. But he and other Eudora leaders have high hopes for this entertainment district project — they envision the entertainment venue hosting [...]
info2023-07-06T08:35:37-05:00July 6th, 2023|
The chapter of Lawrence’s city code responsible for creating the local register of historic places and establishing the Lawrence Historic Resources Commission will soon get its first update in more than three decades, and city planning staff hopes those changes will make the code clearer and more streamlined. The Conservation of Historic Resources Code was first adopted nearly 35 years ago in late 1988, and the Historic Resources Commission is now seeking further public feedback before making any changes official. Historic Resources Administrator Lynne Braddock Zollner spoke with the Journal-World Wednesday and detailed a few of them. Source: LJWorld
info2023-07-06T08:17:56-05:00July 6th, 2023|
Lindsborg locals and visitors alike now have a new way to cruise around Little Sweden USA. A bike-sharing program through OCCK Transportation known as KANcycle officially launched in the small town this week. Lindsborg city leaders met for a ribbon-cutting and a celebratory "thank you" to partners who helped expand the program across rural Kansas. KANcycle got its start in June 2019, and now boasts 80 bikes and 16 stations located in Belleville, Beloit, Concordia, Ellsworth, Lincoln, Mankato, Minneapolis, Salina, and now, Lindsborg. The ride-share program aims to provide convenient, affordable access to bicycles as an easy, fun, healthy and eco-friendly [...]
info2023-07-06T08:14:46-05:00July 6th, 2023|
Kansas taxpayers paid more to tax collectors than expected over the past 12 months, and politicians are eyeing tax cuts next year after failing to agree on how to provide tax relief this year. Taxpayers paid roughly $10.2 billion in taxes to Kansas state government in the past fiscal year, with tax receipts to the State General Fund beating original projections by $874 million, according to newly released data from the Kansas Department of Revenue. Source: CJonline
info2023-07-06T08:08:53-05:00July 6th, 2023|
The need to update how people in Lenexa enjoy nature, get exercise and pursue leisure activities can be summed up in one word: pickleball. “The last time we did a master plan was 2012. The word pickleball wasn’t even in the plan,” said Logan Wagler, the city of Lenexa’s director of parks and recreation. Now the wildly popular paddle sport is among the items being discussed as Lenexa updates its parks and recreation master plan. It’s a year-long process that will identify a 10-year vision for program offerings, general capital improvements, facility management, park amenities, and future parks and trails locations. [...]
info2023-07-06T08:08:24-05:00July 6th, 2023|
Sedgwick County is opening a new tag and tax office in Park City that will serve customers two days a month by appointment. The new office, located inside the Park City Administration Building at 1941 E. 61st St. North, will be open from 8 a.m. to noon and from 1 to 4 p.m. on the second and third Wednesday of each month. ... “I’m happy to be able to offer this added convenience to residents in the Park City area,” county Treasurer Brandi Baily said in a news release. Source: Local News | Wichita Eagle
