Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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Newly signed Kansas law transfers $1 billion to cover KPERS outstanding debt
Gov. Laura Kelly signed Thursday legislation transferring more than $1 billion from state coffers to cover historical underfunding of the Kansas Public Employees Retirement System. These transfers will take place over two installments, totaling $853.9 million in 2022 and two…
10-year Treasury yield pulls back to 2.84% as investors rotate into bonds for safety
U.S. Treasury yields fell on Thursday morning, as investors digested hotter-than-expected inflation data, released in the previous session. The yield on the benchmark 10-year Treasury note dropped 7 basis points to 2.8407% at 4:25 a.m. ET. The yield on the…
Inflation barreled ahead at 8.3% in April from a year ago, remaining near 40-year highs
Inflation rose again in April, continuing a climb that has pushed consumers to the brink and is threatening the economic expansion, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a broad-based measure of prices for goods and…
President Biden gives shoutout to Reno County-based IdeaTek for offering free internet
Buhler-based internet provider IdeaTek received a shout-out this week from President Joe Biden during a press conference at the White House on an initiative to bring free or reduced-price internet service to those who struggle to afford it. IdeaTek is…
Haven Police Department removes “In God We Trust” from department vehicles
The Haven City Council voted to remove decals stating "In God, We Trust" from Haven Police Department vehicles at the City Council meeting Monday, May 2. Haven Police Chief Stephen Schaffer described the varied support from the community, some in…
‘God’ decals to remain on Cowley sheriff’s vehicles
A recent decision in a Reno County town to remove decals with “In God We Trust” from police department vehicles has led to questions about similar items on Cowley County Sheriff’s Office trucks, with local officials saying the decals have…
Lenexa improves pay, benefits to attract talent
he key to providing exceptional services is having excellent employees. But like many other organizations, the City of Lenexa has found it difficult to attract and retain staff over the last few years. New enhancements to pay and benefits are…
Municipal Bond Trends for May 11, 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.
Riley County to require licenses for Airbnb, Vrbo owners
Residents operating short-term rental properties in unincorporated areas of Riley County now must apply for a license, with yearly renewals, following updated regulations passed by the County Commission May 5th. This applies to Airbnb and Vrbo rentals. Licenses will be…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
