Kansas Municipal News
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Municipal Bond Trends for May 23, 2024
The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. Every issuer's credit is different, and other financing sources may be available. To obtain comprehensive Financial Advisory services for your local government, contact your…
Kansas communities begin cleanup, damage surveys after storms rip off roofs, down trees
The National Weather Service had survey teams out Monday assessing storm damage in Halstead, Newton and Russell after severe storms hit central Kansas on Sunday night. Those storms brought rain, large hail, strong wind gusts and a few reported tornadoes,…
Evergy says economic development will push it to boost electric generation plans
An economic development boom in Kansas and Missouri will drive Evergy to more than double its renewable energy generation while also adding more natural gas plants in the next 20 years. The Kansas City-based utility said its new resource plan includes…
Munis in midst of correction as yields rise further; 10-year tops 3%
Municipals sold off Thursday with more cuts across the curve as a correction has ensued for the asset class just ahead of the summer reinvestment season. U.S. Treasuries saw losses and equities were also in the red. Municipal bond mutual funds…
Governor Kelly Announces $6.65M for Rural Road Safety Improvements
Governor Laura Kelly today announced that $6.65 million in federal funds will go to 10 rural projects to increase the safety and efficiency of local roadways. The effort is part of the Kansas Department of Transportation’s High Risk Rural Roads…
Appraiser estimates $2.6 million in damage from Westmoreland tornado
It’s been three weeks since a tornado devastated Westmoreland and damage estimates are coming more into focus. According to the Pottawatomie County Times, Pottawatomie County Appraiser Robin Knoblauch noted at Monday’s weekly commission meeting that through her own investigation, the estimated…
As a 750-acre solar farm awaits answers, lessons learned from a Maize solar initiative on a much smaller scale
The project from Chicago solar energy construction company Invenergy, called the Chisholm Trail Solar Energy Center, is on hold as the county works on zoning and planning regulations for solar projects of a large scale. Maize, in fact, is not…
Federal Reserve minutes indicate worries over lack of progress on inflation
Federal Reserve officials grew more concerned at their most recent meeting about inflation, with members indicating that they lacked the confidence to move forward on interest rate reductions. Minutes from the April 30-May 1 policy meeting of the Federal Open…
Immigrants stopping population loss in parts of rural Kansas, but few are reaping benefits
...immigration has redefined southwest Kansas over the past 40 years. The communities that have embraced their diversity have seen their population stabilize, bucking the trend of rural areas losing population. And this new diversity might end up being what saves…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
