News

Despite new state law, Douglas County will keep developing idea for guaranteed income pilot program for single mothers

2025-05-28T07:38:10-05:00May 28th, 2025|

A guaranteed income program for single mothers has been on county leaders’ minds for some time. But in its 2025 session, the Kansas Legislature passed House Bill 2101, which now prohibits any city or county from using tax dollars to fund such programs unless the Legislature gives its prior approval. Now, the county appears to be taking a more concrete step toward developing the guaranteed income program idea. Source: LJWorld

Municipal Bond Trends for May 23, 2025

2025-05-25T10:44:46-05:00May 25th, 2025|

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.

Municipal Bond Trends for May 22, 2025

2025-05-23T08:45:27-05:00May 23rd, 2025|

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.

Kansas Attorney General Opinion 2025-9: Phrasing of sales tax election resolution

2025-05-23T07:57:18-05:00May 23rd, 2025|

The resolution regarding a countywide 1% retailers’ sales tax to fund the county hospital cited K.S.A. 2014 Supp. 12-187(b)(1), a general tax provision, rather than K.S.A. 2014 Supp. 12-187(b)(5), which specifically addresses funding health care services. ...Here, the ballot question was phrased in such a way that the electors understood a “yes” vote was a vote to approve a countywide 1% retailers’ sales tax to fund the county hospital. Source: Kansas Attorney General Opinions

Muni exemption intact as massive tax, spending bill passes House

2025-05-23T07:52:58-05:00May 23rd, 2025|

The House passed a massive tax and spending bill that leaves the municipal bond tax exemption untouched after months of market speculation. It now heads to the Senate, which will shape the legislation to its own priorities. Source: Bond Buyer

Plevna seeks support to save old school, community center

2025-05-23T07:50:29-05:00May 23rd, 2025|

The city of Plevna, with a population of fewer than 100 residents, does not carry insurance on its municipal buildings. Many residents are also facing property damage at their own homes, leaving limited local resources to fund repairs to public structures. Source: KSN-TV

New administrator wants Marion to thrive

2025-05-23T07:49:49-05:00May 23rd, 2025|

The first order of business for Brian Wells, who will become Marion city administrator June 16, will be getting to know the community and council and then deciding the best paths to take from there, he said in an interview last week. Source: Marion County RECORD

Wamego Caterpillar facility changes ownership, hundreds of local jobs saved

2025-05-22T13:52:08-05:00May 22nd, 2025|

A major manufacturing plant in Wamego will stay open under new ownership. A Caterpillar Inc. spokesperson confirmed plant workers were informed the facility will stay in the Caterpillar family and pass into the hands of a subsidiary of the company: Solar Turbines. The facility currently employs hundreds of workers locally who will now get to keep their jobs. Source: KSN-TV

Municipal Bond Trends for May 21, 2025

2025-05-22T06:56:22-05:00May 22nd, 2025|

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.

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