Municipal Bond Trends for September 9, 2022

2022-09-11T09:39:17-05:00September 11th, 2022|

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 and Beth Warren.

Shawnee County trails increasingly used as a transportation network

2022-09-11T09:10:13-05:00September 11th, 2022|

Shawnee County maintains 60 miles of trails, with 31.64 miles being paved, said Mike McLaughlin, communications and public information supervisor for Shawnee County Parks and Recreation. While the county's trails are used mostly for recreation, they're increasingly becoming a transportation network in recent years, due largely to the creation of extensions that connect them with each other, said parks and recreation director Tim Laurent. Source: CJonline

Municipal Bond Trends for September 8, 2022

2022-09-09T07:11:46-05:00September 9th, 2022|

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 and Beth Warren.

More in county going hungry

2022-09-09T06:58:42-05:00September 9th, 2022|

Most banks store money, but the Food Bank of Reno County is stocked with canned goods and pantry items instead. Particularly amid current rising economic costs, however, food is money. Penny Taapken, the director of the food bank for the last 18 years, said the need is increasing for services. “We serve emergency food to those in need so that no one should go hungry,” she said. Source: Hutch News

Seeking new ways to boost workforce: Kansas office could expand state’s use of apprenticeships

2022-09-09T06:56:58-05:00September 9th, 2022|

As Kansas prepares for technology giant Panasonic to break ground on a multibillion dollar factory, Gov. Laura Kelly announced a new office designed to boost apprenticeships and help better bolster the state’s workforce. Under an executive order signed Tuesday, Kelly’s administration will create the Office of Registered Apprenticeships, a move designed to expand the tool, which allows workers to get paid while receiving job training in a specialized field. Currently, nearly 3,400 Kansans participate in one of 212 apprenticeship programs statewide. Source: CJonline

Fed Chair Powell vows to raise rates to fight inflation ‘until the job is done’

2022-09-09T07:02:35-05:00September 9th, 2022|

Federal Reserve Chairman Jerome Powell in an appearance Thursday emphasized the importance of getting inflation down now before the public gets too used to higher prices and comes to expect them as the norm. In his latest comments underlining his commitment to the inflation fight, Powell said expectations play an important role and were critical to why inflation was so persistent in the 1970s and '80s. "History cautions strongly against prematurely loosening policy," the central bank leader said in a Q&A presented by the Cato Institute, a libertarian think-tank based in Washington, D.C. "I can assure you that my colleagues and [...]

New City Administrator comes to Spring Hill

2022-09-09T07:03:54-05:00September 9th, 2022|

The City of Spring Hill welcomes Lane Massey as the new City Administrator. Massey joins the City with a Masters of Public Administration and more than 20 years of city government experience. He worked for the City of Wichita and Arkansas City before becoming the City Manager in Larned for six years. He spent the last five years as the Assistant City Manager in Emporia. He says his experience working in small to mid-size cities will help him navigate Spring Hill through growth and the challenges that come with it.  Source: City of Spring Hill news

The bridges of Jefferson County 50 years after a failed bond election

2022-09-09T00:26:31-05:00September 9th, 2022|

When bridge inspections were first mandated by Congress over 50 years ago, 72% of the Jefferson County bridges were found to be incapable of carrying the legal weight limit. That is 129 of the county’s 180 bridges. Five of those bridges were closed immediately and low-weight limits were placed on the others. The disruption to the traffic flow on the county’s 900 miles of roads was tremendous. Marketing grain and livestock was a problem in an agricultural county as well as school buses and mail routes had to be rerouted and emergency vehicles, including fire trucks, could not cross many of [...]

Kansas wants to plug abandoned oil wells that belch methane and swallow groundwater

2022-09-09T07:04:50-05:00September 9th, 2022|

Last summer, a utility worker stumbled across a well — one of thousands of abandoned, unplugged oil and gas wells scattered across Kansas — just 15 feet from a stream in La Cygne, an hour south of Kansas City. Such sites bear witness to the state’s history of fossil fuel production — and they can leak pollutants into the air and water generations after they’ve been forgotten. Tens of millions of federal tax dollars will help the state seal thousands of openings over the next several years, though many will remain unaddressed. Old wells in Kansas can date back to the [...]

Housing study adopted to help guide Derby’s growth opportunities

2022-09-09T07:05:41-05:00September 9th, 2022|

As part of the Vision Derby 2040 comprehensive plan, housing diversity – to meet the needs of a variety of age groups and income ranges – was outlined as a key tool for Derby’s future success. In line with meeting those needs, and securing resources to help do so, the planning commission received and filed an updated housing study at its Sept. 1 meeting. The new study will serve as the current housing needs analysis for Derby. Like the previous analysis done based off the 2017 census, the new housing study indicates that Derby still has a shortage of affordable housing. [...]

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