Kansas Municipal News

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Textron Aviation reducing workforce by 800

July 14, 2020News

Textron Aviation today announced its reducing its workforce by 800 employees, with the majority of the job losses happening in Wichita. A statement from Textron said the cuts include layoffs and additional periodic furloughs that will last through the remainder of…

North Newton passes mask ordinance

July 14, 2020News

North Newton will become the first community in Harvey County to mandate residents wear masks in public and within businesses. The council voted 5-0 Monday night to pass a mask mandate. “It is very similar to the one that was…

Competitive Bidding Leads to Better Pricing on Municipal Bonds

July 14, 2020News

The Municipal Securities Rulemaking Board (MSRB) today published research findings on the pricing benefits of increased competitive bidding activity in the municipal securities market. ... “Given the scant research on this matter to date, we aimed to explore if higher…

Municipal Bond Trends for July 13, 2020

July 14, 2020News

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 State Fair canceled amid virus concerns

July 13, 2020News

There will be no Kansas State Fair in 2020. The state fair board voted to cancel this year’s event amid concerns surrounding the coronavirus pandemic. The reversal comes just a week after the board had initially voted to continue with…

Tax revenue increases despite pandemic

July 13, 2020News

Despite dire predictions regarding tax collections due to the COVID-19 lockdown, both Edgerton and Gardner have seen an increase in sales tax revenues year to date. “After all the doom and gloom that was predicted, it’s a pleasant surprise to…

K-State Announces Budget Cuts, Furloughs

July 13, 2020News

Multiple Kansas State University colleges and units will implement administrative furloughs as one of several ways the university is addressing financial challenges for the upcoming fiscal year. The financial challenges are the direct result of the impact of the COVID-19…

Draft of School COVID-19 Regulations for Fall Released

July 13, 2020News

Draft safety guidelines for school this fall from the Kansas State Department of Education say students, teachers, and staff should wear masks, but that students up to fifth or sixth grade shouldn’t be required to wear them unless local officials…

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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.