Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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Federal Reserve approves first interest rate hike in more than three years, sees six more ahead
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing economic growth. After keeping its benchmark interest rate anchored near zero since the beginning of…
Governor Laura Kelly Announces First Round of Grants to Support Tourism and Economic Development
Governor Laura Kelly today announced the first-round of 2022 funding recipients for the Tourism Marketing Grant Program (TMGP). The TMGP, administered by Kansas Tourism, assists Destination Marketing Organizations, tourism communities and travel industry businesses or events. The program helps with…
Sedgwick County officials concerned about bill on home-based businesses
A bill has been introduced in the Kansas Senate to limit restrictions on home-based businesses, and some city and county leaders across the state are raising concerns that it will hurt their ability to deal with any nuisance issues in…
Johnson County discusses stormwater management
Johnson County Government plays a large role working with cities to manage stormwater projects, to alleviate flooding and improve water quality. March 10, the Johnson County Board of County Commissioners authorized term and supply contracts with nine vendors for stormwater…
What’s summer without a splash? Johnson County needs lifeguards for various pools
Overland Park will be forced to curtail its outdoor swimming program unless it can hire more lifeguards, which are in short supply there and elsewhere. “Right now we have enough lifeguards to open one outdoor pool this summer with full…
Municipal Bond Trends for March 16, 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.
10-year Treasury yield jumps to highest level since 2019 after Fed raises rates
The 10-year Treasury yield topped 2.17% at one point Wednesday, with the Federal Reserve expected to announce an interest rate hike in the afternoon. The yield on the benchmark 10-year Treasury note last rose 1 basis point to 2.171%. The…
Municipals take back seat as Fed hikes rates
After the Federal Reserve hiked interest rates for the first time since 2018 and said it would raise them six more times this year, U.S. Treasury yields continued to rise, while munis were relatively stable and equities rallied to close…
Why the Federal Reserve raises interest rates to combat inflation
The Federal Reserve is poised to announce its first interest rate hike since 2018 on Wednesday. The central bank is likely to raise its target federal funds rate by 25 basis points to address the worst inflation in more than…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
