Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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Municipal bond interest rates plummeted for a second straight day on Fed efforts to combat coronavirus impact
Municipal yields are plummeting for a second straight day, with midday AAA benchmark reads showing declines of 50 to 60 basis points as the market rebounds from the massive coronavirus-led selloff of the last two weeks. The municipal market has…
Another firm fined for acting simultaneously as the issuer’s financial advisor and underwriter
Ameritas paid $10,000 to settle charges of violating MSRB Rule G-23 on activities of financial advisors. Between Feb. 10, 2018, and Aug. 20, 2018, Ameritas provided underwriting services for an issue with which it had an active “blanket” financial advisory…
Hutchinson closes playgrounds
City officials on Thursday ordered all Hutchinson playgrounds be closed to slow the spread of the coronavirus pandemic locally. Plastic and metal are used extensively within the playgrounds and according to the Centers for Disease Control, COVID-19 can live multiple…
“Rally Reno” to provide local economic relief
Three local agencies have joined together to launch an online program that enables residents to put dollars in the hands of their favorite retail, service and hospitality businesses, while also helping those affected by layoffs or pay cuts. The Hutchinson…
With shortage of coronavirus tests, Johnson County might pay private labs to do more
In the face of rapidly rising coronavirus cases in Johnson County and a clampdown on who can get tested, officials on Thursday called for more funds to pay private labs to step up testing. “Yesterday we spoke with four different…
Short-Term Treasury Yields Go Negative in Scramble for Cash
Yields on the safest, short-term Treasurys settled into negative territory for the first time in more than four years, as investors continued clamoring for cash and safe dollar assets even as some markets showed signs of normalization. The one-month Treasury…
64,000 newly out of work in Missouri, Kansas as coronavirus shuts down U.S. economy
Nearly 65,000 people in Missouri and Kansas filed unemployment claims last week as the coronavirus shut down many parts of the U.S. economy. Federal data released Thursday shows that 40,508 Missourians filed initial unemployment claims for the week ending March…
Wichitans use 3D printers to make face shields for first responders and health officials
First responders and health officials are on the front lines of the coronavirus pandemic. They are battling more than the virus, but also a shortage of protective gear. “They are in need of face shields and part of the way…
Some private golf courses are open, while Overland Park and Leawood shutter courses during COVID-19 shutdown
Private golf courses in the Shawnee Mission area may be an option for members who want to get outside and enjoy some exercise while practicing safe social distancing. The golf course at Milburn Country Club in Overland Park remains open…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
