Shawnee County removes all public recycling bins due to illegal dumping

2023-01-03T21:45:06-06:00January 3rd, 2023|

A popular recycling spot for many will no longer be available to the public. On Tuesday, the Department of Solid Waste announced that they will remove all public recycling bins in the county. This decision was made to help save the county some money, but also after it noticed continuous illegal dumping at the sites. The county recommends people use their personal recycle bins in the meantime. Source: KSNT 27 News

Derby to send out survey on sales tax

2023-01-04T11:18:34-06:00January 3rd, 2023|

The city of Derby is currently conducting a community survey regarding future use of the Derby Difference sales tax. The sales tax has been used in the past to help fund construction of Rock River Rapids, Decarsky Park (phase one), operations of Derby Fire and Rescue and more. A select random group of Derby residents will receive a survey in the mail in the month of January. A link will also go out inviting all community members to complete the survey online. Source: Derby Informer | News

Bourbon County commissioners implement hiring freeze

2023-01-04T11:18:58-06:00January 3rd, 2023|

During their first meeting of the new year, Bourbon County Commissioners voted in favor of a hiring freeze for the county. During the commission comments portion of the meeting, Commissioner Clifton Beth said the county’s revenues are not keeping up with rising costs. Source: Fort Scott Tribune

‘There’s a big mind shift here’: How Dodge City improved students’ post-secondary success

2023-01-03T10:40:07-06:00January 3rd, 2023|

School leaders in Dodge City USD 443 were flummoxed. For years, the district had maintained respectable graduation rates — great, even, for a district with high rates of at-risk and low-income students. With graduation percentages in the mid to upper 80s, Dodge City USD 443 most years trailed the average statewide graduation rate, but not by much. What didn’t make sense, though, at least not initially, was the dismal rate at which students went on to pursue any kind of education or training after high school, a measure called post-secondary effectiveness that the Kansas State Department of Education started tracking in [...]

After 2022 rout, bondholders are still betting on lower rates than the Fed is forecasting

2023-01-03T10:34:56-06:00January 3rd, 2023|

The year 2022 marked a truly historic bust for the U.S. bond market. The question now is whether 2023 will produce any kind of meaningful rebound. ... Investors were forced to repeatedly lift their expectations for how high the Federal Reserve would raise short-term interest rates to combat the worst inflation in decades. The sharp drop in bond prices was in many ways the dominant force in financial markets, driving borrowing costs higher and contributing to double-digit losses for stocks. Despite bonds’ 2022 drubbing and the criticism that the Fed has come under for being slow to act on inflation, investors, [...]

More than two-thirds of economists at 23 major financial institutions expect the U.S. to have a downturn this year

2023-01-03T10:32:03-06:00January 3rd, 2023|

Big banks are predicting that an economic downturn is fast approaching. More than two-thirds of the economists at 23 large financial institutions that do business directly with the Federal Reserve are betting the U.S. will have a recession in 2023. Two others are predicting a recession in 2024. The firms... cite a number of red flags: Americans are spending down their pandemic savings. The housing market is in decline, and banks are tightening their lending standards. ... The main culprit is the Federal Reserve, economists said, which has been raising rates for months to try to slow the economy and curb [...]

Municipal Bond Trends for December 30, 2022

2023-01-03T10:00:06-06:00January 3rd, 2023|

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. Every issuer's credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman, Beth Warren and Henry Schmidt.

Appeals court rejects Save Century II petition; mayor says C2 not in danger

2023-01-03T09:53:49-06:00January 3rd, 2023|

Save Century II’s legal efforts to require a binding vote before the city tears down historic buildings has been rejected by the Kansas Court of Appeals. A three-judge panel upheld the district court’s ruling in an opinion published Friday, saying the organizers’ argument “fails to appreciate the specialized knowledge” required to make decisions about the fate of city-owned buildings. The court’s decision hinged on a provision of state law that allows citizen petitions to alter legislative policies but not administrative matters. “The ordinance would invade and permeate the city’s administrative assessments of these structures. And the ordinance would prevent the city [...]

Panasonic reveals De Soto’s new $4 billion battery plant

2023-01-03T00:06:31-06:00January 3rd, 2023|

DeSoto City leaders reviewed the first set of plans for the new Panasonic $4 billion electric vehicle battery plant, Tuesday, December 20. A site plan was submitted to city leaders from SSOE Group, an architecture and engineering firm representing Panasonic. The tentative plans for the new battery manufacturing facility show a two-story, U-shaped building to be constructed near the southwest corner of West 103rd Street and Dual Drive. The plans for the 2,739,000 square-foot manufacturing building includes several parking lots surrounding the main building and three detention ponds to the east of the main facility. Source: Gardner News

Facade grant extensions OKed

2023-01-03T00:05:20-06:00January 3rd, 2023|

Noting how the Barton County Facade Improvement Grant program has improved the appearance of downtown streets, the County Commission Wednesday morning approved deadline extensions and/or changes for three projects. These include: My Town LP ,1917 Lakin Ave.; Hammond, Inc. for two properties; and Boots Wine Bar LLC., 2022 Forest. During the Nov. 2, 2021, meeting, My Town, LP, was allocated $14,193. They were given an extension. During the Sept. 28, 2021, meeting, Hammond Inc, was allocated $20,000 for two Main Street properties, and they are seeking changes to the projects. Source: Great Bend Tribune

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