Kansas lawmakers may have a new plan for cutting the state’s food sales tax as the Legislature approaches a pair of deadlines on the governor’s signature policy proposal. Gov. Laura Kelly and the House and Senate tax committees have put forth their own proposals, but none have been debated or passed by either chamber of the Legislature. Rep. Adam Smith, R-Weskan, laid out the concept during a Wednesday conference committee between tax policymakers — a meeting of select senators and representatives to hammer out differences between bills. The plan would cut the state’s 6.5% sales tax rate on food — the second-highest in the country — to 1.5% starting July 1 and 0% a year later. The cut would apply to groceries and some related items, but not to prepared food, such as restaurant meals. It would be “clean” as other tax cut ideas get moved to separate bills.
Source: Salina Journal

In early February, Hutchinson Public Schools USD 308 Board of Education named Dawn Johnson the new superintendent for the 2022-2023 school year. Since then, Johnson said she’s been planning what she intends to do in her first year as superintendent. Johnson’s career in education began more than 30 years ago. She spent the first half as an educator, teaching English to middle and high school students.
Source: Hutch News

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.