Municipal News & Jobs

Municipal News & Jobs2018-08-05T16:28:50-05:00

Kansas Municipal News

Municipal Bond Trends for April 15, 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 April 14, 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 April 11, 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.

Westmoreland rebuilding a year after deadly tornado

Nearly a year after the tornado, JT and Ashley VanGilder said they are pleased with how well the Westmoreland community has bounced back….. Westmoreland’s city government has chipped in by not requiring people whose homes were destroyed to pay for their building permit, Ashley VanGilder said.
Source: CJonline

Municipal Bond Trends for April 10, 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 April 9, 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.

Halstead opens new ball fields

After months of construction, the community was able to see some of the more high visibility aspects of the Halstead Bond Project on April 3. Both Halstead High School baseball and softball officially opened their respective facilities in action when hosting Pratt in a game that was moved thanks to weather concerns. School board members from Halstead were on hand to throw the ceremonial first pitch at each field.
Source: Harvey County Now

Kansas Court of Appeals judges hear arguments in Landlords of Lawrence lawsuit against city

A group of Lawrence landlords have taken their argument against the city’s ordinance meant to ensure voucher recipients can find housing to a higher court. The Lawrence City Commission in February 2023 approved an ordinance change that creates a protected class based on renters’ source of income, as well as their status as a survivor of domestic violence, sexual assault, human trafficking or stalking. It also disallows discrimination based on prospective tenants’ immigration status. The ordinance went into effect June 1, 2023. The Landlords of Lawrence — an association of 30-plus local landlords — filed a lawsuit against the city, arguing the language of the ordinance is unconstitutionally vague and that it infringes on their discretion as businesspeople. But Douglas County District Judge Mark Simpson ruled in May 2024 that the ordinance could stand, ruling that the “prohibited conduct is simple and clear: a landlord shall not consider the source of a prospective tenant’s rent payments in determining whether to rent to that person.” 
Source: The Lawrence Times

Damage done to munis despite 90-day tariff delay

The municipal market selloff intensified Wednesday amid the shifting implementation of President Donald Trump’s sweeping tariffs on imported goods from around the globe. Following Trump’s announcement that the largest tariffs against most countries had been delayed for 90 days, the muni market had a subdued reaction as the damage done earlier in the session held. U.S. Treasuries whipsawed and ended mixed while stocks rallied on the news. Very few deals priced in the primary as most issuers and deal teams pulled the transactions amid the volatility. Munis saw large losses for the day, with some scales paring back losses.
Source: The Latest

What muni market participants are saying about Trump tariff turmoil

The Bond Buyer took the pulse of professionals in various sectors of the municipal bond market to see what they are doing and advising in the midst of the market turmoil driven by President Trump’s erratic tariff policies. Alice Cheng, director of municipal credit and investor strategy at Janney, said she’d advise both investors and borrowers to play it safe. Players in equities and fixed income markets are “reacting to everything that the administration has to say,” Cheng said. “To mitigate that, perhaps wait-and-see is a better option.”
Source: The Latest

Repairs to two Wichita high schools have cost the district nearly $60 million — and counting

Structural repairs to two of Wichita’s oldest high schools have cost nearly $60 million over the past three years — an expense leaders say prevents them from upgrading and repairing other district buildings. “This is the reality of our situation,” said Superintendent Kelly Bielefeld. “When we have these kinds of expenses going toward two buildings, the other 88 buildings are hard to keep up on.” About four years ago, crews discovered structural problems in a science wing at Wichita’s East High School, which is more than 100 years old. School officials shuttered 18 classrooms in that wing of the school for more than a year while repairs were completed. Meanwhile, the district has also been repairing the foundation and exterior walls at North High School, which is considered an architectural landmark.
Source: News

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