Municipal Bond Trends for July 29, 2024

30 Tuesday, July 30

Municipal Bond Trends for July 29, 2024

2024-07-30T09:25:22-05:00July 30th, 2024|

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.

29 Monday, July 29

Could a sales tax in Sedgwick County reduce property taxes?

2024-07-29T14:49:41-05:00July 29th, 2024|

Voters in Sedgwick County could be asked next year to support a new sales tax that would fund arts, culture and recreation programming. ... Funding those programs through a sales tax instead would allow the county to lower its property tax levy by between two and a half and three mills, likely starting in 2026 or 2027. Commissioners want to present voters with a ballot question about a sales tax no later than fall 2025. Source: Local News | Wichita Eagle

29 Monday, July 29

Wichita police quietly tested gunshot-detection tech for 2 years. Now they’re ready to expand it.

2024-07-29T13:37:44-05:00July 29th, 2024|

The Wichita Police Department plans to purchase around 144 gunshot sensors it’s tested since February 2022, officials said during a town hall meeting in June. Other than a brief mention of it when police talked about failures of the previous gunshot system in February 2023, which was the first time city and elected officials learned police had been testing the technology for more than a year, it was the first time the department spoke publicly about testing the controversial technology. The gunshot technology being implemented in Wichita has been controversial in other cities, including lawsuits, concerns about police bias and voice [...]

29 Monday, July 29

Could a sales tax in Sedgwick County reduce property taxes?

2024-07-29T13:37:56-05:00July 29th, 2024|

Voters in Sedgwick County could be asked next year to support a new sales tax that would fund arts, culture and recreation programming. The Sedgwick County Zoo, Exploration Place science museum, the Kansas African American Museum and the county parks department are all set to take cuts in next year’s proposed county budget. Funding those programs through a sales tax instead would allow the county to lower its property tax levy by between two and a half and three mills, likely starting in 2026 or 2027. Commissioners want to present voters with a ballot question about a sales tax no later [...]

29 Monday, July 29

Rural Towns Are Aging, Cash-Strapped and in Desperate Need of Workers

2024-07-29T14:44:41-05:00July 29th, 2024|

The challenge of both finding and affording workers faces small governments scattered around the U.S., and often leaves those still there to pick up the slack. ... Rural areas have long struggled to hang onto—or recruit—young residents launching their careers. Small-town officials say they face particular hurdles when it comes to offering competitive salaries to compete for workers. Source: Wall Street Journal

29 Monday, July 29

Municipal Bond Trends for July 26, 2024

2024-07-29T10:03:47-05:00July 29th, 2024|

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.

29 Monday, July 29

Commerce Awards $380,000 for Rural Counties to Market ROZ Program

2024-07-29T14:45:06-05:00July 29th, 2024|

Lieutenant Governor and Secretary of Commerce David Toland today announced $380,000 has been awarded to 40 Kansas counties in the first round of Rural Opportunity Zone (ROZ) Local Marketing Grants. The funds are intended to help counties market the unique ROZ financial incentives available to new residents: Student loan repayment assistance and/or 100% state income tax credit. Counties that have annually contributed and supported the matching requirement of the program will receive between $5,000 and $15,000 to better support and promote their program. Funding will assist the counties and local partner organizations as they develop customized marketing strategies best suited for [...]

29 Monday, July 29

‘Them vs. us’: Lawrence community members identify barriers between police and themselves

2024-07-29T14:45:45-05:00July 29th, 2024|

A diverse group of community members shared their perspectives on Lawrence police Saturday, voicing concerns ranging from how officers could show more compassion and preparedness in crises to making downtown feel safer. Several dozen community members gathered at Lawrence High School for a partnership workshop hosted by the Lawrence Police Department and the U.S. Department of Justice. The two-part workshop aims to “improve trust and develop partnerships between police and community members. Participants split into six small groups to identify the positives and negatives of the LPD’s interactions with the community, ultimately narrowing it down to three “barriers.” A second session [...]

29 Monday, July 29

Wichita police officers get new body cameras

2024-07-29T14:46:03-05:00July 29th, 2024|

The Wichita Police Department has been issuing new body cameras to all commissioned officers, and most officers have now received them. Police Captain Aaron Moses said officers will have a choice between a head-mounted and a body-mounted camera. He said the new cameras have a wider angle and a clearer picture along with better audio. There has been automatic activation of the camera when a taser is deployed, and Moses said the next steps will be to have automatic activation when the light bar is activated on a patrol car or when a firearm is pulled from its holster. Supervisors will [...]

29 Monday, July 29

Kansas Supreme Court clarifies land-use permit authority, settles Finney County dispute

2024-07-29T14:46:53-05:00July 29th, 2024|

The Kansas Supreme Court issued an opinion Friday that determined the Finney County Commission had authority to delegate decisions about land-use permits to a zoning appeals board as long the local actions didn’t conflict with state law. The opinion written by Justice Dan Biles was inspired by a dispute that emerged in 2021 when Huber Sand applied to the Finney County Board of Zoning Appeals for a conditional use permit to operate a sand and gravel quarry under regulations adopted by the county commission. More than 100 people submitted protest petitions in opposition to the development on 177 acres southeast of [...]

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