Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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Explaining the volatile stock and bond market moves this week following the Fed’s update
Strategists say the the Fed's slight step toward tightening policy didn't shock markets Wednesday, but it will likely make them volatile going forward. The Fed, in essence, is acknowledging the door is now open to future rate hikes. ... The…
Treasury yields ebb lower as investors shake off Fed policy update
U.S. Treasury yields ebbed lower on Friday morning, as investors continued to shake off the Federal Reserve's hawkish turn in its latest policy update. ... Yields drifted lower despite the Fed having raised its inflation expectations, following its two-day meeting…
Municipal Bond Trends for June 17, 2021
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.
Wichita City Council gives initial approval to anti-discrimination ordinance
After a couple hours of discussion, which became heated at times, Wichita’s City Council gave initial approval on an a proposed anti-discrimination ordinance. The 4-3 vote approved what is called a first-reading, and changes can still be made before the…
Kansas awards $900K to healthcare providers to boost COVID-19 vaccinations
In a new push to increase vaccinations in the state, Kansas Governor Laura Kelly announced $900,000 in grants going to healthcare providers to support vaccination efforts on Wednesday. "We've got to work with the primary care provider groups to make…
Overland Park commission OKs rezoning for proposal to turn former Sears building into 164K square foot office
The Overland Park Planning Commission on Monday unanimously advanced a rezoning request for the former Sears site on Metcalf that marks a significant departure from the mixed-use concept initially pitched back in 2018. Klover Architects first unveiled the updated plan,…
Pendergast adapting quickly to role as Scott City administrator
Brad Pendergast doesn’t have the luxury of easing into his position as the new administrator for the City of Scott City. Just seven days into his new job, Pendergast and the council held a 2022 budget workshop to decide spending…
The Fed moves up its timeline for rate hikes as inflation rises
The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on when it will next raise interest rates. ... As expected, the policymaking Federal Open Market Committee unanimously left its benchmark…
Municipal Bond Trends for June 16, 2021
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.
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
