Municipal Bond Trends for May 14, 2024

15 Wednesday, May 15

Municipal Bond Trends for May 14, 2024

2024-05-15T08:49:15-05:00May 15th, 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.

14 Tuesday, May 14

50 years after its dedication, here’s what the Keeper of the Plains means to Wichita

2024-05-14T14:53:57-05:00May 14th, 2024|

Sandra Victors was a teenager when she had a front-row view to artist Blackbear Bosin’s creation of the Keeper of the Plains sculpture in the early 1970s. Bosin was close with Victors’ mother, Ruby Davila, and one day came to see her at the family’s home on the north end of Fairview off 21st Street, where Victors was sitting outside. He had scrolls of drawings under his arms. “He came flying up the steps with a cigarette hanging out of his mouth, and he said, ‘Your mama home?’ Victors took a seat on the living room couch as her mother and [...]

14 Tuesday, May 14

Wichita cyber attack: Social Security numbers, driver’s licenses, payment info compromised

2024-05-14T14:22:24-05:00May 14th, 2024|

Wichita police and traffic records were compromised in the ransomware attack on city government, giving hackers access to an unspecified number of people’s personal information, including names, Social Security numbers, driver’s licenses and other state IDs, and payment card information, the city announced Tuesday. “As part of our thorough review and assessment of this matter, we identified that certain files were copied from our computer network without permission between May 3 and 4, 2024,” the city said in a news release. Source: Local News | Wichita Eagle

14 Tuesday, May 14

Merriam is latest Johnson County city to adopt stricter rules for AirBnbs

2024-05-14T14:21:55-05:00May 14th, 2024|

Short-term rental owners in Merriam have five months to adhere to newly adopted regulations. Like some of its Johnson County neighbors, the Merriam City Council on Monday in a 7-1 vote approved an ordinance that outlines new, stricter regulations for short-term rentals, such as AirBnbs and Vrbos. C Source: Johnson County Post

14 Tuesday, May 14

When your small-town store also becomes your post office

2024-05-14T14:20:51-05:00May 14th, 2024|

The modest general store on the corner of Second Avenue and Main Street in Norwich, with its angled awning on wooden pillars, echoes back to a time before two World Wars and automobiles brought profound change to retailing.... In a walled-off corner, carved out of the back office on the south end of the store, sits another of the store’s goods and services. That is where Norwich’s community post office is tucked away, where residents can access their post office boxes and basic postal supplies 24 hours a day. Norwich has not had a post office for many years. But residents [...]

14 Tuesday, May 14

Bentley hires gun-carrying city clerk

2024-05-14T14:19:26-05:00May 14th, 2024|

Bentley’s new city clerk is a familiar face around town. Shannon Catlin has served as a part-time police officer in Bentley for about three years. She joked that she’s “probably the only gun-carrying city clerk in the State of Kansas.” When the city clerk position opened up, Catlin stepped in to help the city’s deputy city clerk, Becky Thompson, fill the void. She said that helped her test the waters to see if it is something she’d like to do. Source: Harvey County Now

14 Tuesday, May 14

Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady

2024-05-14T14:18:55-05:00May 14th, 2024|

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period. Speaking to the annual general meeting of the Foreign Bankers' Association in Amsterdam, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year and caused a rethink of where policy is headed. ... However, Powell also repeated that he does not expect the Fed to be raising rates. Source: CNBC

14 Tuesday, May 14

Home ownership program available soon in Clay County

2024-05-14T14:10:34-05:00May 14th, 2024|

A pilot program that seeks to make home ownership more affordable will be available for a limited time in Clay County beginning May 13... The pilot Clay County Home Ownership Program will offer up to $12,500 in down payment and closing cost assistance. The program’s incentives include a combination of a fixed rate 3% down payment assistance loan of $10,000 and a closing cost grant of $2,500 when purchasing a home of $50,000 or greater in Clay County. Eligible homes include existing ones, existing homes with planned/financed upgrades totaling $50,000 or greater, manufactured homes including lot and infrastructure, or new construction. [...]

14 Tuesday, May 14

Meet Paul Kramer, Shawnee’s new city manager

2024-05-14T14:08:22-05:00May 14th, 2024|

Paul Kramer, the former long-time Leavenworth city manager who has roots in Johnson County, is Shawnee’s new city manager. ... After spending more than 14 years in Leavenworth’s city government, he said the offer to be Shawnee’s new city manager was too good to pass up. “I knew without a doubt that it was the right move for my career and my family,” he said. “Once I closed that page, I haven’t looked back.” Source: Johnson County Post

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