The interest rate table above illustrates recent changes in a sample of AA rated bond trades reported to the Municipal Securities Rulemaking Board’s EMMA® system. Every issuer’s credit is different, and other financing sources may be available. To obtain comprehensive Financial Advisory services for your local government, contact your Ranson Financial Municipal Advisor, Larry Kleeman, or Henry Schmidt.

Century II lost money 22 of the last 27 years, and that didn’t have to be the case, the city’s records show. Money from Wichita’s transient guest tax — a 6% tax levied on hotel rooms — is supposed to make up for operating deficits at Century II. The video player is currently playing an ad. You can skip the ad in 5 sec with a mouse or keyboard Instead, some of it first has been going to Visit Wichita, the city’s convention and visitors bureau, which has criticized Century II and has funded studies aimed at expanding the city’s convention center offerings.
Read more: Wichita Eagle

A Kansas House committee offered bipartisan support for legislation authorizing a protest-petition option for taxpayers eager to block city or county property tax increases that pushed revenue more than 3% above the previous year’s total. A key amendment approved Monday by the House Taxation Committee deleted from House Bill 2745 provisions for relying on special public votes — an idea sharply opposed by cities — to resolve objections to property tax growth above the threshold. In the bill sent to the full House, the election option was replaced by a protest-petition process for contesting property tax revenue growth over the artificial cap. The bill would require petition signatures from 10% of those voting in the previous presidential election to prevent local property tax revenue growth from exceeding 3%, excluding revenue collections tied to new construction or building improvements.
Read more: The Iola Register