Kansas Municipal News

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Fed raises rates a quarter point, expects ‘ongoing’ increases

February 1, 2023News

The Federal Reserve on Wednesday raised its benchmark interest rate by a quarter percentage point and gave little indication that it is nearing the end of this hiking cycle. Aligning with market expectations, the rate-setting Federal Open Market Committee boosted…

Parsons’ focus in 2023 is housing

February 1, 2023News

Housing is Parsons’ economic development priority in 2023. Jeremy Hill, director of the Center for Economic Development and Business Research (CEDBR) at Wichita State University, Jonathan Norris, a research economist at CEDBR, and Jim Zaleski, economic development director for Parsons,…

Heartland Flyer extension on track for federal funding

February 1, 2023News

The project to extend Amtrak’s Heartland Flyer train route from Oklahoma City to Newton is ahead of its competitors in the process to apply for existing federal funding and is firmly on the radar of the Federal Rail Administration, which…

Newton breaks ground on New Library

February 1, 2023News

Newton Mayor Leroy Koehn addressed the crowd of 150 that braved a brisk afternoon on Jan. 31 to attend the groundbreaking for Newton’s new public library. “Did you ever imagine today was going to come?” he asked the crowd. Koehn…

Municipal Bond Trends for January 31, 2023

February 1, 2023News

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, Beth Warren and…

Wichita deputy chief named new chief of police in Liberal

February 1, 2023News

The City of Liberal has hired a Wichita deputy chief of police to be their new police chief. Chester Pinkston currently oversees the Field Services Division of the Wichita Police Department. Liberal officials say Pinkston was chosen during a national…

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