10-year Treasury yield hits 2.14% — its highest point since July 2019

The 10-year Treasury yield hit 2.145% on Monday, its highest level since July 2019, with investors focused on the Russia-Ukraine war and the Federal Reserve’s decision on interest rates. The yield on the benchmark 10-year Treasury note last jumped 12 basis points to 2.135%. The yield on the 30-year Treasury bond rose 10 basis points to 2.471%. … In addition to the war in Ukraine, investors are also looking ahead to the outcome of the Federal Reserve’s two-day policy meeting, which starts on Tuesday. The Fed is expected to announce on Wednesday that it will be raising its target funds rate by a quarter of a percentage point from zero.
Source: CNBC

2022-03-15T08:45:39-05:00March 15, 2022|News|

RCPD testifies neutrality on constitutional amendment requiring sheriff elections

As Kansas lawmakers consider a bill proposing a constitutional amendment requiring most counties to continue electing sheriffs, Riley County police administration are staying neutral in light of a provision grandfathering in municipalities that abolished the office prior to 2022. HCR 5022 was before the Senate Judiciary Committee Monday, having received the House’s go-ahead on a voice vote in February. If approved by two thirds of both bodies, 104 of Kansas’ 105 counties without consolidated police forces will be required to maintain the office of sheriff and ensures they can only be removed from office by recall or the State attorney general. The amendment will be on the November ballot if it reaches the necessary threshold.
Source: 1350 KMAN

2022-03-15T08:46:07-05:00March 15, 2022|News|

Streaming services seek exemption from Kansas franchise fee as local governments protest

Kansas senators debated Monday extending an exemption from a local government-collected franchise fee to streaming giants such as Netflix and Hulu. Under Kansas law, cable companies are required to pay up to 5% of their revenue to municipal governments because they rely on the public right of way to deliver services to customers. Companies are also required to register with the Kansas Corporation Commission and pay a fee to the state. Senate Bill 547 would ensure streaming services would not be subject to these requirements. The issue has come to a head in Fort Scott, where the city filed a lawsuit against Netflix and Hulu over these fees.
Source: Kansas Reflector

2022-03-15T08:47:18-05:00March 14, 2022|News|

10 Kansas counties to share over $6 million for road projects

Some Kansas counties will get to make some road safety improvements now that they’ve been chosen to receive more than $6 million from the Kansas High-Risk Rural Roads (HRRR) program. HRRR is a federally funded state/local partnership initiative designed to make rural roads safer. This year’s 10 projects were chosen from more than 40 applications.
Source: KSN-TV

2022-03-14T23:52:28-05:00March 14, 2022|News|

Hesston Tornado remembered 32 years later

For some the Hesston/Burrton tornado seems like it wasn’t 32 years ago. The memories are still fresh on their minds. “When we found damage around Burrton from first responders that’s when it hit me, this could get worse,” said Ron Hoffman. Hoffman, who is retired, was 9-1-1 director in Harvey county the day the F-5 tornado hit. “It brings back memories. But good memories, too,” said Hoffman. “The response and professionalism of everyone involved is what I remember. The agencies that responded. The volunteers that came in after.”
Source: KSN-TV

2022-03-14T23:50:58-05:00March 14, 2022|News|

Merriam hopes $500K approved by Congress will ‘kickstart’ work to solve Turkey Creek flooding issues downtown

Congress has sent a $1.5 trillion omnibus appropriations package to President Joe Biden’s desk that includes $500,000 in federal funding for a design and analysis project to remove downtown Merriam from the Turkey Creek floodplain. Turkey Creek runs along downtown Merriam and frequently floods, discouraging investment in new and existing businesses, city officials have long complained. The $500,000 included in the massive omnibus spending bill will go specifically toward a design and analysis project conducted by the U.S. Army Corps of Engineers.
Source: Prairie Village Post

2022-03-15T08:48:04-05:00March 14, 2022|News|

Riley County expresses interest in cost-share project for paving Wildcat Creek Road

Riley County commissioners on Monday indicated their interest in working with the Manhattan city government to improve Wildcat Creek Road. Brian Johnson, city engineer for the Manhattan city government, asked the county commission if it would be interested in a cost-share project to pave the road, which is currently gravel. Johnson said the intent is to pave Wildcat Creek Road from Scenic Drive to the Wildcat Creek bridge. The county government would be responsible for the portion from the city limit to the bridge. Johnson said the cost-share would be a 55/45 split, with the county responsible for 55% of the costs and the city 45%. Officials are still determining project details and costs.
Source: themercury.com

2022-03-15T08:48:43-05:00March 14, 2022|News|

New community violence dashboard launched in WYCO

A new community violence dashboard has been launched by the Unified Government Health Department. The dashboard provides statistics about patterns of ongoing community violence in Wyandotte County, along with information about resources available for victims of violence and those who want to help lower incidents of violence in the community, according to a spokesman.
Source: Wyandotte Daily

2022-03-15T08:49:06-05:00March 14, 2022|News|

One in six Kansas teachers say they may leave public education early, adding to staffing fears

About one in six Kansas teachers feel they’re likely to leave public education before retiring, according to a statewide survey of 20,000 teachers. The Kansas Educator Engagement and Retention Study, conducted by Emporia State University Teachers Collège professor Bret Church and independent organizational psychologist Luke Simmering, also found that one in seven teachers feel likely to retire in the next three years. The survey’s report adds a layer to other Kansas data that shows the state’s schools are facing a staffing crunch. Teacher vacancies, including jobs filled with teachers not fully licensed for those positions, rose 62% to 1,253 vacancies in fall 2021, per a report from the Kansas State Department of Education.
Source: CJonline

2022-03-14T15:42:15-05:00March 14, 2022|News|

Residential appraisal spike concerns

Appraisal values rose by an average of about 13.5% per residential property in Shawnee County. That concerns Topeka City Councilman Tony Emerson. “This is something that really affects my constituents,” Emerson told The Capital-Journal this past week. “People can’t afford to pay more and more taxes year after year.” The new appraisal values — or revised versions of those values, if residents successfully appeal them — will be paired with mill levy levels local taxing entities set when they adopt 2023 budgets later this year to calculate the property tax bills for which Shawnee County residents will pay the first half beginning in December.
Source: CJonline

2022-03-14T15:39:37-05:00March 14, 2022|News|
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