Kansas Municipal News
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Municipal Bond Trends for June 23, 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.
State has $56 million for homeowners struggling to pay mortgages
In the first quarter of 2022, the state of Kansas had nearly 10,000 past-due mortgages. Six of 10 of those mortgages were at least three months late and considered seriously delinquent, according to Marilyn Stanley, the program director for the…
Bike program helps at-risk youth in Wyandotte County
High-risk youth in Wyandotte County are being helped through a program that focuses on working on bicycles and attitudes. Martin Cervantes Sr. said the program started about three months ago, and about 10 students are involved in it currently. Some…
Inflation poses biggest threat to IIJA rollout: U.S. DOT official
Six months into the roll out of the Infrastructure Investment and Jobs Act, inflation, coupled with chronically high cost of building U.S. transportation projects, is proving to be the biggest challenge. And the longer it takes to spend the money,…
Fed’s Bowman backs raising rates 75 basis points in July
Federal Reserve Governor Michelle Bowman said she supports raising interest rates by 75 basis points again in July and following that with a few more half-point hikes. The hawkish remarks Thursday come roughly a week after the central bank delivered…
Emporia Municipal Band plays Thursday
The Emporia Municipal Band invites the community to travel the world with music this week. The band hits the stage at Fremont Park at 8 p.m. Thursday. The theme is “Travel Around the World with EMB.” The musical offerings include…
Muni yields fall on back of UST strength
Municipals outperformed (dropped in yield more than) moves in U.S. Treasuries Thursday, playing catch up to taxables' massive flight-to-safety rally that hit Wednesday, while equities ended in the black. Municipal triple-A yield curves saw up to 10 basis point bumps…
Bentley residents cleaning up after storm
Bentley residents have been dealing with the aftermath of a severe storm Wednesday evening that hit the city with straight-line winds and golf-ball sized hail. Resident Doug Frazier spent several hours Thursday morning cleaning limbs up from his front yard…
Kansas schools are poised to ditch class hours for real-world training as graduation requirements
For more than a century, Kansas students have earned credits — and, after enough of them, a high school diploma — based on how much time they spend in a classroom. The age-old “Carnegie unit” approach to education became the…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
