Kansas Municipal News
Local government news, municipal finance updates and job openings, collected for city and county officials.
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Ottawa city manager to retire in March
After 15 years serving the City of Ottawa, City Manager Richard Nienstedt will retire March 31. Nienstedt made the announcement during a special Ottawa City Commission meeting Wednesday morning. Fifteen years ago, the city commission then honored me and humbled…
Municipal Bond Trends for October 21, 2022
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.
Fed Set to Raise Rates by 0.75 Point and Debate Size of Future Hikes
Federal Reserve officials are barreling toward another interest-rate rise of 0.75 percentage point at their meeting Nov. 1-2 and are likely to debate then whether and how to signal plans to approve a smaller increase in December. “We will have…
Wichita City Council approves ordinance to fight catalytic converter thefts
A new city ordinance aims to crack down on the soaring rate of catalytic converter thefts by allowing Wichita police to seize parts they believe to be stolen. According to police, 1,360 catalytic converters were reported stolen from Wichita vehicles…
10-year Treasury yield climbs to fresh 14-year high
Yield on the 10-year Treasury hit a fresh 14-year high on Friday, while the 2-year note traded in territory last seen in 2007 as signs of a recession worried markets. The 10-year Treasury yield was last at 4.2843%, after rising…
Lawrence leaders seeking public input about potential changes to sidewalk repair program
City leaders are asking Lawrence residents to weigh in on whether changes should be made to the city’s sidewalk repair program. The program requires certain property owners to pay part of the costs to make repairs, and has been controversial…
Municipal Bond Trends for October 20, 2022
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.
Fed’s Harker sees ‘lack of progress’ on inflation, expects aggressive rate hikes ahead
Philadelphia Federal Reserve President Patrick Harker on Thursday said higher interest rates have done little to keep inflation in check, so more increases will be needed. "We are going to keep raising rates for a while," the central bank official…
Garden City approves sales tax exemption extension for Sports of the World
An extension for the Sports of the World sales tax exemption was approved by the Garden City Commission on Tuesday at its regular meeting. Danielle Burke, Assistant City Manager, said several actions have already been made on the project, dating…
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Contact Larry Kleeman or Henry Schmidt, call (316) 264-3400 or email info@ransonfinancial.com.
