The year is 1998. Bill Clinton is headed toward impeachment for the most infamous affair in U.S. political history. Shania Twain and Next dominate the Billboard charts. And John Elway leads the Denver Broncos to their first Super Bowl in franchise history. It is also the last time Kansas retirees saw their pension benefit checks adjusted for inflation, a move called a cost-of-living adjustment. The 24-year wait is among the longest of any state in the country. After years of work from legislators to stabilize the Kansas Public Employee Retirement System, there is optimism that the situation is finally improving after a quarter-century gap in which the state didn’t meet its obligation to pay its share.
Source: CJonline

After the success of last year’s event, downtown Marquette will have livestock take over its streets for another cattle auction this week. Barta Farms, based out of Little River, will bring angus bulls and females to the city center Friday for its fourth Annual Bull Sale. Ryan Barta, the owner of the farm, said this is the second year that Marquette is hosting the event. “Last year, we were kind of out of a spot to have it due to COVID,” Barta said. He said after talking with Stan Von Strohe at the Smoky Valley Distillery in Marquette, they thought it could be a good experience for the people and businesses in downtown Marquette as many events were not happening during the pandemic.
Source: Salina Journal

Hutchinson Parks Director Justin Combs reports long-awaited pickleball courts in Rice Park should be ready for action by the end of the month. While a long-time coming, Combs said, it likely is just the first facility the city will construct for the paddle-ball sport that’s been growing in popularity for at least the last decade. Under Combs’ direction, and in response to pressure from local pickleball players for a place to play, the city converted a set of deteriorating tennis courts in Rice Park into four new concrete- surfaced courts for the alternative game. Depending on their level of use, the remaining tennis court also may eventually be converted.
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.