info2024-06-13T13:08:01-05:00June 13th, 2024|
Faced with a declining population, a group of Midwest natives kicked revitalization efforts into overdrive. In 2016, they established A Bolder Humboldt, an economic development organization formed with the support of the local community, which focuses on reimagining and rebuilding the 167-year-old town for a new generation of entrepreneurs, citizens and visitors. Source: Smithsonian
Henry Schmidt2024-06-14T09:57:25-05:00June 13th, 2024|
The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. 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.
info2024-06-12T15:40:55-05:00June 12th, 2024|
After being shut down for a little over a month, the city of Wichita said almost all of its forward facing services are back up and running. These are things people use daily, such as public Wi-Fi, bus fares, and bills. "We had to work from the background to the foreground and so the background work has been happening over the last few weeks before we can turn the system back on," said Wichita's mayor Lily Wu. Source: KAKE - News
info2024-06-12T15:40:37-05:00June 12th, 2024|
The City of Pittsburg is continuing to work on the development of downtown. City staff have taken all of the thoughts and concerns from the community from last week's Downtown Community Conversation and given them to a consultant to review and put into a report. Some of the feedback includes upgrading the general aesthetics within downtown, expanding parking options, and keeping the area safe. Source: KSNF/KODE
info2024-06-12T15:32:06-05:00June 12th, 2024|
The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before the end of the year. ... New forecasts released after this week’s two-day meeting indicated slight optimism that inflation remains on track to head back to the Fed’s 2% goal, allowing for some policy loosening later this year. ... For the period through 2025, the committee now sees five total cuts equaling 1.25 percentage points, down from six in March. If the projections hold, it would leave the federal funds rate benchmark at 4.1% by the end of next year. Source: [...]
info2024-06-12T15:38:24-05:00June 12th, 2024|
The Securities and Exchange Commission's chief of the Office of Municipal Securities Dave Sanchez urged issuers and muni professionals to stay vigilant in a smorgasbord of areas that regulators are watching, from late audits to shady conduit deals to unregistered advisors in the public-private partnership space. "If you guys aren't able to have this discipline on your own, this is where outside forces will start to want to impose discipline," Sanchez said Saturday, speaking to the Government Finance Officers Association's Debt Committee during the GFOA's annual meeting. Source: The Bond Buyer Ranson Financial is not a "bond sales firm". We are a [...]
info2024-06-12T12:59:06-05:00June 12th, 2024|
The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy, the Labor Department reported Wednesday. The CPI, a broad inflation gauge that measures a basket of goods and services costs across the U.S. economy, held flat on the month though it increased 3.3% from a year ago, according to the department’s Bureau of Labor Statistics. Economists surveyed by Dow Jones had been looking for a 0.1% monthly gain and a 3.4% annual rate. The monthly rate rose 0.3% in April while the annual rate was 3.3%. Excluding volatile food and energy prices, core CPI increased [...]
info2024-06-12T12:57:14-05:00June 12th, 2024|
Local officials are responding to Thursday’s announcement from Caterpillar that it plans to shutter its Wamego facility sometime next year. Wamego City Manager Stacie Eichem says they learned of the situation late in the day Thursday. Eichem says the announcement comes as a major blow to the community. Pottawatomie County Economic Development Corporation Executive Director Shanna Goodman provided the following statement Friday morning. “This news is a significant disappointment for our entire region, as Caterpillar has been an integral part of our community for decades. We are actively collaborating with regional partners to provide resources and support for displaced workers. However, [...]
info2024-06-12T12:51:15-05:00June 12th, 2024|
Wichita wants to convert the former Park Elementary school into a new shelter for people who are homeless. For months, the city has been seeking a location for what it calls a multiagency center: a facility with emergency shelter beds, affordable housing units and social services. Now, the city has settled on the former school at 9th and Main. Wichita Public Schools shuttered Park Elementary earlier this year as the district faced a $42 million budget deficit. “Given its close proximity to multiple homeless service providers, the location is ideal for referrals and coordinated services, easy access and mobility for those needing services and [...]
info2024-06-12T12:49:25-05:00June 12th, 2024|
Following a debate over the use of “thin blue line” flags in the city’s annual Fourth of July event, Merriam has adopted a new official flag display policy. The Merriam City Council on Monday unanimously approved the new flag rules for city property and city-run events, which came after the decision to exclude “thin blue line” flags and display only U.S. flags during the city’s Flags 4 Freedom event that starts later this month. The new policy approved Monday goes beyond that one event and outlines what flags the city can display on city-owned flag poles and at citywide events. It also offers a [...]
