10 Friday, June 10

Wichita bumps new specials from 15 to 20 years (for a 2-year period)

2022-06-10T08:08:14-05:00June 10th, 2022|

As metro area home prices rise, while housing availability remains low, the Wichita City Council approved a program Tuesday intended to help address those issues. The council unanimously approved a two-year program of 20-year special assessments for new single-family housing developments. City staff is also directed to meet with those in the industry to develop implementation timelines and program details. Fifteen-year special assessments are currently the norm in the city. Special assessments include infrastructure such as sewer and water lines, streets and stormwater improvements. "This is just one more tool you have in your toolbox that will marginally affect affordability of [...]

9 Thursday, June 9

Kelly ‘very confident’ Kansas will land $4B megaproject

2022-06-09T23:59:21-05:00June 9th, 2022|

Even as Kansas Gov. Laura Kelly's administration accepts its second consecutive national Gold Shovel Award for economic development, the state's best business attraction days might well lie ahead. Should Kansas beat out Oklahoma in landing a $4 billion advanced manufacturing facility, reportedly a Panasonic Corp. battery plant, that single megaproject would more than double the $1.45 billion valuation of the state's top 10 projects won in 2021. An executive last week said Panasonic is "finalizing" which U.S. state it will choose for a new battery plant site, according to Reuters. Source: Wichita Business Journal

9 Thursday, June 9

Eisenhower Airport ridership jumped 32% in April

2022-06-09T23:56:32-05:00June 9th, 2022|

The number of passengers flying in and out of Wichita Dwight D. Eisenhower National Airport rose year-over-year in April. The airport says on its website that a total of 119,921 passengers flew through Eisenhower National in April to mark a 32.5% increase over the same month in 2021. The increase was aided by a greater use of larger aircraft in Wichita by airlines, with the airport noting a 196% jump in the usage of narrow-body jets.  That resulted in 16.4% more seats on 3.8% more flights in April. Passenger count through the first four months of the year was up 47% [...]

9 Thursday, June 9

It’s now safe to use Wichita tap water normally, health department confirms

2022-06-09T07:51:08-05:00June 9th, 2022|

It’s now safe to drink and use Wichita tap water normally, the Kansas Department of Health and Environment confirmed early Thursday morning. But boil advisories in several surrounding communities remain in effect. The all-clear for Wichita and Andover came at 12:41 a.m., after laboratory testing confirmed water quality has been restored. Wichita’s boil advisory, the second in eight months, lasted 32 hours. Advisories remain in effect for Rose Hill, Valley Center, Derby, Kechi and Sedgwick County rural water districts 2 and 3, all of which purchase water from Wichita. Source: Wichita Eagle

9 Thursday, June 9

Municipal Bond Trends for June 8, 2022

2022-06-09T07:43:18-05:00June 9th, 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.

9 Thursday, June 9

Plan for Lawrence’s Community-Police Oversight Work Group gets approval from city commission

2022-06-09T01:55:30-05:00June 9th, 2022|

The Lawrence City Commission on Tuesday approved a plan for a work group that will revise how complaints against Lawrence police officers are handled. The existing Community Police Review Board has long wanted greater authority than the scope that city law currently allows — a scope so narrow that since the board was created in 2018, it has not reviewed a single complaint. The current ordinance only allows CPRB members to review appeals of the police department’s decisions in complaints about bias-based policing. Starting in 2020, at the direction of the Lawrence City Commission, board members began drafting an ordinance that [...]

9 Thursday, June 9

Local governments adjusting for inflation, rising fuel costs

2022-06-09T01:53:43-05:00June 9th, 2022|

Gas prices are no doubt causing adjustments in personal budgets, but what about local governments? Manhattan City Manager Ron Fehr says they fully expect inflation and record-high fuel costs to create challenges in developing next year’s budget. As for any adjustments in the current operating budget, Fehr says the city has been fortunate to grow its reserves over the last couple years, and is seeing to-date sales tax revenues coming in higher than expected. Fehr says supply chain issues are also causing challenges at the city’s water treatment plant and in some cases the substitute additives in stock are also rapidly [...]

9 Thursday, June 9

New urbanist housing development proposed for construction in Derby

2022-06-09T07:37:58-05:00June 9th, 2022|

Courtyards at Crosswater would be a 105-lot single-family residential development, located directly east of the St. Mary Catholic Church property on 40 acres of undeveloped agricultural land along Meadowlark Boulevard. It is a new venture for the developers in Derby, who do have other local properties, and unlike any recent projects that have come before the commission. “It is designed in a way that is different, quite frankly, than anything we have developed in Derby in a very long time,” said City Planner Scott Knebel. “The proposal is for what’s called a new urbanist development, which is a style of development [...]

9 Thursday, June 9

Ellinwood impresses County Commission

2022-06-09T07:50:10-05:00June 9th, 2022|

Barton County commissioners left a joint meeting with the Ellinwood City Council last Wednesday night impressed with what is happening in the community. The gathering was a topic during the commission’s meeting this Wednesday morning. “There was some wonderful conversations and I love the vision of the City of Ellinwood and what they want to do to grow that community,” said District 4 Jon Prescott. “It also affects the growth, in a positive way, for the entire county. So it’s pretty exciting.” ... District 1 Commissioner Kirby Krier said Ellinwood City Manger Chris Komarek presented three available shovel-ready projects to his [...]

9 Thursday, June 9

Bentley Police have successful fundraiser

2022-06-09T01:42:44-05:00June 9th, 2022|

The Bentley Police Department raised $801 for its reserve program at a fundraiser breakfast, last Saturday morning. “We had a really turnout,” Chief James “Tim” Bryan said. “A lot better than I anticipated for the first time.” About 100 people came out to enjoy a breakfast of pancakes, sausage and eggs that morning. After accounting for supplies, Bryan said they should net $650 in profit from the fundraiser for the reserves. His goal was to replenish the fund for the police reserves so they don’t have to draw from the general fund for that. Needs for the reserve program include some [...]

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