New Pott Co. commissioner is confident in new, expanded board

Pottawatomie County Commission Chair Terry Force tried Monday to alleviate any concerns or anxiety about the new board. After thanking every one for attending, he said, “This is a learning time for us all. It’s an anxious time for some group leaders and employees (wondering what) four brand new commissioners are going to do to us. Rest assured. This group here has a diverse background. A lot to offer. “Collectively this will be an extremely good and effective board,” he continued “I don’t know of anyone with an agenda. We just want Pottawatomie County to be the best place to live for tomorrow and years to come. We’re not here for heads to roll, just to make sure this county is run properly following the policies in place. If the policies don’t fit, we will look at them and adjust as necessary.”
Source: themercury.com

2025-01-29T09:25:13-06:00January 29, 2025|News|

Municipal Bond Trends for January 27, 2025

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.

2025-01-28T10:23:56-06:00January 28, 2025|News|

Topeka officials want Manhattan, Lawrence to join its metro area

Topeka officials on Friday pitched an idea to Manhattan area leaders: Why not join forces make one big metropolitan area?… The benefit is showing a higher population to be able to compete for businesses and economic development projects or programs that might have a higher population cutoff than any of those cities has on its own.
Source: themercury.com

2025-01-27T13:56:28-06:00January 27, 2025|News|

Municipal Bond Trends for January 24, 2025

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.

2025-01-27T10:03:39-06:00January 27, 2025|News|

Treasury yields drop as investors look for safety after AI sell-off in stocks

U.S. Treasury yields fell on Monday as investors sought out safe-haven assets amid a massive stock market sell-off. The 10-year Treasury yield slipped seven basis points to 4.557%, while the 2-year Treasury yield was last trading at 4.225% after falling close to five basis points. One basis point equals 0.01% and yields move inversely to prices. Stocks tumbled on Monday, with the Nasdaq Composite being hit hard by a large decline in the technology sector. Last week, Chinese AI startup DeepSeek released an open source AI model that reportedly outperformed OpenAI’s in several tests. The company said it launched the large-language model in December for less than $6 million, causing investors to question the billions of dollars they have spent to build and train AI models.
Source: CNBC – Bonds

2025-01-27T09:42:57-06:00January 27, 2025|News|

Johnson County park district will end bike rental program

The “cruiser” style bicycles that were for rent at three Johnson County parks will be going away this year, as the park district board mulls how to replace a service that consistently lost money. The governing board voted to cancel the contract with BikeWalkKC for the program that allowed visitors to rent bikes by the minute at Shawnee Mission, Heritage and Meadowbrook parks. Park staff will bring back options for other bike services — which could include mountain bikes — at the board’s March meeting. Rental revenues have not covered the operating costs of the program for every quarter since the program began in 2021, according to a county spreadsheet. By the end of four years, the total gap was about $300,000.
Source: Johnson County Post

2025-01-27T09:41:23-06:00January 27, 2025|News|

Panasonic is hiring for new De Soto plant, hopes to be ready for production this spring

A little over two years ago, local, state and federal officials gathered in a dirt lot on a windy day to celebrate construction beginning on Panasonic’s new electric vehicle battery facility in western Johnson County. Officials gathered again earlier this month to celebrate the plant — only this time inside the 4.7 million-square-foot facility. But there’s still a ways to go before the facility is fully operational. As of this month, Panasonic is just slightly behind its previously stated hiring goals, and it’s still unclear if it will meet its anticipated timeline for opening.
Source: KC Star Local News

2025-01-27T09:40:12-06:00January 27, 2025|News|

Single-family home construction in Lawrence continues to decline as home prices rise

Construction of single-family homes in Lawrence continued to decline in 2024, reaching a new low with only 57 permits granted by the city. After averaging in the mid-100s for years, single-family home construction dropped off considerably in 2022 and fell even lower last year. “It’s just been even worse than what we would have anticipated,” said Bobbie Flory, executive director of the Lawrence Homebuilders Association. At the same time, sale prices for single-family homes have continued to rise.
Source: The Lawrence Times

2025-01-27T09:38:40-06:00January 27, 2025|News|
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