Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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Sterling’s power plant helps keep the lights on
This week's rolling blackouts and high energy prices were a reminder, said Sterling's city manager, why the city keeps its 100-year-old municipal power plant operating. While now just a "peaking plant" that usually runs less than a dozen days each…
Treasury yields climb amid economic recovery hopes
U.S. Treasury yields climbed on Monday morning, signaling growing market confidence that an economic recovery is close, following the coronavirus pandemic. The yield on the benchmark 10-year Treasury note rose to 1.369% at 3:45 a.m. ET, while the yield on the…
Municipal Bond Trends for February 19, 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.
Fed’s Williams says rising Treasury yields reflect more optimism
Rising Treasury yields are a sign of optimism in the economic recovery, said a senior Federal Reserve official Friday, signaling no inclination from the central bank to take steps to halt the shift. “We’re seeing signs of rising inflation expectations,…
Municipal bonds end week with largest increase in yields since COVID-induced turmoil
Municipals ended weaker Friday with triple-A benchmark curves rising the most in a week since COVID-19 disrupted all markets in March and April of last year. Muni yields rose another five basis points on the 10- and 30-year Friday, bringing…
Small cell antennae installed on Lenexa street lights
Small cell antennae are a targeted way for cellular and data providers to enhance 4G service in specific areas and prepare to provide 5G service. The City of Lenexa has received more than 100 applications for these, with the majority…
Kansas energy crisis: heating bills could be 25 times normal in some cities
Ordinarily, the city of Winfield spends about $1.5 million a year on natural gas for customers of its public utility department. During the brutal cold spell a week ago, Winfield had to buy $10 million worth of gas in six…
Fredonia schools closed due to inflated utility prices
School was out in Fredonia ..., but not because of the weather. Utilities have spiked so much in town, the district had to make the decision to close its doors Thursday and Friday to conserve energy and money. City officials…
KSDE task force prepares to convene for oversight of pandemic funds for schools
Kansas Commissioner of Education Dr. Randy Watson has created a task force to offer guidance and oversight of school districts’ plans for expenditure of federal funds focused on supporting student learning and student needs associated with the COVID-19 pandemic. The…
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