Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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Topeka rethinks budget process
Budgeting is a topic that can make one’s eyes roll. And when a city budget is in question, forget it. Lights out. Topeka is trying to change that perception by adopting an outcome- based budget for FY23. Following in the…
10-year Treasury yield tops 2% for the first time since 2019 after hot inflation
U.S. Treasury yields climbed on Thursday, with the benchmark 10-year rate breaching the 2% level, after key inflation data showed hotter-than-expected price pressures. The yield on the 10-year Treasury note jumped 12 basis points to about 2.05%, the first time…
Winfield natural gas fees lowered
Fees assessed to City of Winfield natural gas customers to cover costs from Winter Storm Uri last year have been lowered after penalties were waived from the city’s pipeline company, according to Winfield City Manager Taggart Wall. It was previously…
Plot fees increased at county-owned cemeteries
To better cover the rising costs of upkeep for Barton County owned and operated memorial parks and cemeteries north of Great Bend, the County Commission Wednesday morning OKed an increase in plot fees. These apply to both Golden Belt Memorial…
Siemens Gamesa lays off workers in Hutchinson
Siemens Gamesa Renewable Energy Inc. plans to lay off workers in Kansas and Iowa because of a reduction in orders for commercial wind turbines. The company, which manufactures wind turbines, announced Wednesday that 69 employees will lose jobs in Hutchinson,…
Food System master plan approved by city and county leaders
The food insecurity issue in Wichita just got one step closer to getting relief after the food system master plan was approved by county leaders Wednesday. It's part of a joint effort between city and county leaders to help the…
Wesley hires private ambulance company, a blow to struggling Sedgwick County EMS
One of Wichita’s largest healthcare systems dealt a blow to Sedgwick County’s struggling ambulance service Thursday, announcing plans to break with the county and hire a private ambulance company starting next month. Wesley Healthcare is set to begin contracting with…
Municipal Bond Trends for February 10, 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.
Inflation surges 7.5% on an annual basis, even more than expected and highest since 1982
Consumer prices surged more than expected over the past 12 months, indicating a worsening outlook for inflation and cementing the likelihood of substantial interest rate hikes this year. The consumer price index for January, which measures the costs of dozens…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
