Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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How low can they go? Muni yields tumble, hit lows again
Municipal bonds yields continued their descent and once again rewrote the record books, as the flight-to-safety movement on fears of COVID-19 that took place Friday picked up right where it left off. Stocks were down in excess of 3% at…
As plastic bag bans go into effect, some question the unintended consequences
Bans on single-use plastic bags -- one of the most pervasive sources of pollution -- are taking effect in cities and states across the U.S. as efforts to combat global plastic production pick up. But while the moves are being lauded by environmentalists and…
Shawnee County Parks and Rec reviewing proposals to develop Family Park master plan
Shawnee County Parks and Recreation is getting ready to take a big step on the multi-million dollar Family Park project. Parks and Rec Director Tim Laurent said the county is currently reviewing 11 proposals from firms to develop a master…
After nearly $700,000 in billing errors discovered in 2017, city report says new system is preventing future mistakes
It has been more than two years since serious errors were discovered in the city’s miscellaneous billing process, and city officials say a recent staff review shows improvements made since have eliminated those errors. Since then, the city has created…
10-year Treasury yield plunges to lowest since 2016 amid escalating coronavirus fears
Treasury yields tumbled on Monday as investors run for cover amid fears that the coronavirus is spreading globally. The yield on the benchmark 10-year Treasury note, which moves inversely to price, plunged 8 basis points to 1.3856%, its lowest level…
Municipal bonds are safe haven amid stock market plunge
The municipal market rallied up to 7 basis points on Friday following Treasuries while equities continued to sell-off on COVID-19 fears as it spreads around the globe. The muni 10-year landed at 1.09% and the 30 at 1.69%. U.S. Treasury…
Municipal Bond Trends for February 21, 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.
New hometown signs recognize Kansas astronaut
NASA astronaut and Kansas native Nick Hague has been honored by his hometown. Kansas Department of Transportation crews put up some new signs, right outside the northwest Kansas town of Hoxie. The signs read, “Hoxie: Home of Nick Hague.” Hague…
New bill may make it easier for Kansans to vote
The Ethics, Elections and Local Government Senate committee are considering a bill that would make voting more accessible for Kansans. SB412 allows all Kansas residents to apply for permanent advanced voting status, instead of just registered voters with disabilities as…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
