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.
The Federal Reserve is expected to announce a dramatic policy shift Wednesday that will clear the way for a first interest rate hike next year. Markets are anticipating the Fed will speed up the wind-down of its bond buying program, changing the end date to March from June. That would free the central bank to start raising interest rates from zero, and Fed officials are expected to release a new forecast showing two to three interest rate hikes in 2022 and another three to four in 2023. Previously, there had been no consensus for a rate hike in 2022, though half of the Fed officials expected at least one.
Source: CNBC – Bonds
USD 439 will start its Christmas break two days sooner than planned. With 92 students currently out of school due to influenza, COVID, and COVID quarantine, Superintendent Larry Roth recommended on behalf of the central office and school administration that the Board of Education cancel school and all school-related activities, including basketball practices, for Monday and Tuesday, Dec. 20-21. Those days were scheduled to be the final two days before the break. “We’d like to put an end to exposures as quickly as we can here at school,” Roth told the board at the regularly scheduled meeting last Monday night. “We recommend we not have school next Monday and Tuesday in hopes that getting everyone away from each other will let everyone go home and have a healthy and safe Christmas.”
Source: Harvey County Now
The Johnson County Appraiser’s Office will begin on Tuesday, Dec. 14, a state-mandated property-imaging project to help the county appraise property values. Kansas law requires counties to update property information every six years to maintain accurate data on every parcel in the jurisdiction. The Johnson County Appraiser’s Office has contracted with Tyler Technologies and Cyclomedia to take high-resolution street-level photos of the exterior of every property in Johnson County. The county will use these photos to create land record information used in the appraisal process. All images collected, where faces and license plates are visible, will be made unrecognizable by ‘blurring’.
Source: Johnson County Kansas |
Evergy has crews on standby as power outages Wednesday are likely with such high winds expected, but there are several other potential dangers you might also want to consider. “In the past two decades, It’s only the second time that one has been issued as far east to include the city of Wichita,” said KAKE Meteorologist Jay Prater. Jay is talking about the Critically Extreme Fire Danger warning that’s been issued from western Kansas all the way east of Wichita on Wednesday.
Source: KAKE – News
“It’s our best defense against wind” says Evergy communications manager Kaley Bohlen. With gusts that strong, even the best prep can be overcome, that’s why Evergy has crews waiting on standby. “We monitored monitor weather conditions ahead of time and closely and then again, stop those crews accordingly. So we’re ready to respond quickly and safely”, said Bohlen. Power outages are not the only the only issue created by the high winds. According to the Chip Redmond of the Kansas Forest service, incredibly dry conditions throughout the state will make for a high fire danger.
Source: KAKE – News
On Wednesday extreme wind gusts ranging from 60-70 mph are expected across Kansas, leading some school districts to cancel classes.
Source: KAKE – News
Have you been feeling blue lately? Don’t worry, it’s not just you. The City of Olathe is feeling the same, as some street lights in the area have changed colors. City spokesperson Cody Kennedy said it’s the coding in the light that’s causing the issue. It’s a nationwide issue with a light model that was made between 2017 and 2019. To fix it, the city replaces the head of the light. It’s working on changing all of them.
Source: KC Star Local News
Lenexa has formally established a Community Advisory Board to serve as a liaison between the Lenexa Police Department and residents. While the group has existed informally since the early 2000s, the Lenexa City Council’s unanimous move Dec. 7 to officially establish the board comes at a time police agencies in Johnson County and beyond are facing calls for more transparency and public engagement. The Community Advisory Board will advise the police department on a variety of prominent issues, including addressing potential bias in policing, use of force, responses to mental health crises and homelessness, among others.
Source: KCUR News
Managing director/electric operations Gerry Bieker and general manager Paul Mahlberg of Kansas Municipal Energy Agency (KMEA) visited with city council members from Chetopa and Altamont Saturday in Chetopa, proposing the cities contract with KMEA for full-time electrical line maintenance in their communities. Both cities still own their own public power utilities and are among the 82 members of KMEA, benefiting from the Joint Action Agency’s energy purchasing power from the market.
Source: Parsons Sun
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