Kansas Municipal News
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Cash Managers’ Interest Rate Quandary
Public cash managers today face a strategic dilemma: They can sit on money market funds, local government investment pools and ultra-short investments like repurchase agreements, all of them still yielding the highest interest rates available today. Or they can look…
AWWA, RCAP launch partnership to help small, rural community water service
The American Water Works Association (AWWA) and the Rural Community Assistance Partnership (RCAP) in July announced the renewal of their Cooperative Agreement, reaffirming their commitment to collaborate on improving water infrastructure and services for small and rural communities across the…
Investors Embrace Bond Funds Before Rates Start to Fall
The stock market may be roaring, but 2024 has been Wall Street’s year of the bond fund. Bonds are paying the highest yields in a generation and interest rates are poised to come down. Meanwhile, a record number of retirees…
This week’s meeting of Fed officials will be one of the most consequential in a while, even if the central bankers aren’t likely to cut interest rates this time and instead look ahead to September.
While Federal Reserve officials aren’t likely to change interest rates in the coming week, their meeting will nonetheless be one of the most consequential in a while. At each of their four meetings this year, interest-rate cuts have been a…
Municipal Bond Trends for July 29, 2024
The interest rate table above illustrates recent changes in a sample of AA rated bond trades reported to the Municipal Securities Rulemaking Board’s EMMA® system. Every issuer's credit is different, and other financing sources may be available. To obtain comprehensive…
Could a sales tax in Sedgwick County reduce property taxes?
Voters in Sedgwick County could be asked next year to support a new sales tax that would fund arts, culture and recreation programming. ... Funding those programs through a sales tax instead would allow the county to lower its property…
Wichita police quietly tested gunshot-detection tech for 2 years. Now they’re ready to expand it.
The Wichita Police Department plans to purchase around 144 gunshot sensors it’s tested since February 2022, officials said during a town hall meeting in June. Other than a brief mention of it when police talked about failures of the previous…
Could a sales tax in Sedgwick County reduce property taxes?
Voters in Sedgwick County could be asked next year to support a new sales tax that would fund arts, culture and recreation programming. The Sedgwick County Zoo, Exploration Place science museum, the Kansas African American Museum and the county parks…
Rural Towns Are Aging, Cash-Strapped and in Desperate Need of Workers
The challenge of both finding and affording workers faces small governments scattered around the U.S., and often leaves those still there to pick up the slack. ... Rural areas have long struggled to hang onto—or recruit—young residents launching their careers.…
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