Kansas Municipal News
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Municipal Bond Trends for January 14, 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.
Kansas Senate passes bill removing tax lid; instead, requires notice if exceed “revenue neutral rate”
The Kansas Senate on Thursday passed legislation to require local governments to notify residents by mail and hold public hearings before increasing property tax collections. The tax bill removes a controversial lid on yearly mill levy increases and instead establishes…
Governor Kelly releases proposed state budget
Democratic Governor Laura Kelly has outlined a proposed annual budget that includes a tax increase and two other major initiatives likely to be rejected by the Republican-controlled Kansas Legislature. Kelly on Wednesday outlined a $20.9 billion spending plan for the…
Kansas governor says state almost done with Phase 1 of vaccinations
Gov. Laura Kelly on Thursday said the state of Kansas is almost done with Phase 1 of its vaccination plan, which includes doses for health care workers and people in nursing homes. Kelly made the comments before she toured a…
Merriam wants resident feedback on future of city, including changes to Town Center, downtown
The Merriam 2040 comprehensive plan is approaching final draft form, but there’s still time for residents and other stakeholders to provide input. Since July 2019, the city along with a Midwest-based consulting firm Confluence have been working on a 20-year…
Shawnee council unanimously adopts new city code for homeless shelters
Shawnee’s city code now includes homeless shelters, crisis shelters and emergency disaster shelters. After extensive and lengthy discussions Monday night, the Shawnee City Council unanimously adopted the new regulations that allow shelters in almost any part of the city. Shawnee’s…
College ramps up for spring
Allen Community College is ramping up for the spring term, poised to navigate the challenges brought about COVID-19. According to vice president Cynthia Jacobson, “we’re doing better than we did to start off last semester” regarding the virus. Currently, there…
Garden Plain bond refinancing saves city money after receiving 6 very competitive bids
Yesterday, Garden Plain received competitive bond bids from 6 underwriters. The best bid nearly doubled the savings the city had been anticipating. Bid 1 Bid 2 Bid 3 Bid 4 Bid 5 Bid 6 1.0216% 1.3270% 0.9555% 1.3331% 0.9553% 1.0541%…
Municipal Bonds hold steady
The growing demand for tax-exempt bonds with attractive yields that began in 2020, continues to be a theme into the early part of the new year on the buy side of the municipal market. “The entire story year to date…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
