Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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Bullard says FOMC prepared to act if COVID-19 wreaks havoc on economy
Federal Reserve Bank of St. Louis President James Bullard said the Fed is ready to act if the COVID-19 virus develops into a destabilizing force on the world economy. Speaking to the Fort Smith, Ark., regional chamber of commerce on…
Ellis County eyes sales tax proposals
If Ellis County voters this spring don’t pass two proposed quarter-cent countywide sales taxes, it will mean a reduction in services, said Jason Kennedy, director of the county’s emergency services and the health department. “None of us want that to…
Equifest makes its move to Salina
Equifest 2020, the premier equestrian event for Kansas, is coming to Salina Friday through Sunday. It will bring together as many as 5,000 people each day to the Tony’s Pizza Event Center and the Saline County Livestock and Expo Center…
Negative U.S. Yields Are in Sight as Virus Spurs Recession Bets
The swirl of fresh coronavirus cases and signs of the severity of the hit on the global economy have seasoned strategists warning that U.S. growth could come to a halt this year and some Treasury yields may drop below zero…
Former Topeka Mayor Bill Bunten dies
Longtime state legislator and former Topeka Mayor Bill Bunten was remembered Sunday as a devoted family man, a lifelong advocate for the capital city and the state of Kansas, and a respected politician who never forgot the value of a…
At $36.5B, muni bond sales see busiest February in 34 years
Taxable bonds and COVID-19 are two of the main catalysts that helped February municipal bond volume ascend to its highest level since at least 1986, which is as far back as Bond Buyer data tracks. There was $36.51 billion of…
Louisburg approves leases for ag land
Louisburg City Council has signed off on two land-lease agreements for agriculture production on city-controlled acreage. Council members voted 4-0 to approve a five-year lease agreement with Babe Cutshaw for hay production on 39 acres of uncultivated land located in…
10-year Treasury yield collapses to another record low of 1.18% amid coronavirus fears
The 10-year U.S. Treasury yield plunged to a fresh record low on Friday as investors dumped riskier assets and searched for safer options amid the coronavirus outbreak. At around 6:20 a.m. ET, the benchmark rate traded around 1.18%. Friday marked…
Municipal Bond Trends for February 27, 2020
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.
