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.
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.
Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize economic growth. Setting the stage for a two-day appearance on Capitol Hill this week, the central bank leader said the economy remains strong as does the labor market, despite some recent cooling. Powell cited some easing in inflation, which he said policymakers stay resolute in bringing down to their 2% goal…. Markets expect the Fed to begin cutting rates in September and likely following up with another quarter percentage point reduction by the end of the year.
Source: CNBC
The City of Valley Center is pleased to announce the hiring of Kyle Fiedler as the newest Community Development Director. Kyle was born and raised in Newton, is a 2011 graduate of Newton High School and a 2013 graduate of Wichita State University Frank Barton School of Business.
Currently, Kyle is the City Administrator for the City of North Newton. …Kyle will begin his duties in early August.
Source: City of Valley Center
Petition drive organizer Earl McIntosh needed 2,941 signatures from registered Topeka voters to require the mayor and city council to respond to his proposal to limit the city’s taxing authority. … The petition calls for the passage of an ordinance that would ban the city from bringing in more property tax revenue than the “revenue neutral” amount it brought in the previous year, unless voters approve such an increase in a ballot question election, McIntosh said.
Source: CJonline
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.
St. Luke Hospital’s chief executive asked Marion City Council members Monday to use rezoning to discourage outside medical facilities from establishing competing facilities that might siphon off services the hospital depends on that to subsidize other services. Alex Haines said that when more profitable procedures are done elsewhere, the hospital must survive on income from services that make less profit. “I think it’s very important for both the hospital and the city,” Haines said.
Source: Marion County RECORD
After two years of arduous debate, packed with resident protests and political battles, the Prairie Village City Council this week finally amended zoning laws to allow for more housing — but only in commercial areas and with several limits. While the move still drew opposition, the approved changes are significantly scaled back from earlier ideas that sparked heated protests, a court fight and a contentious election. After a few hours of discussion and public comments, the council on Monday voted 12-1 to amend its zoning laws. And some city officials appear ready now to end and move on from the debate, which stemmed from an effort to enable more affordable housing in the city, but morphed into an intense political feud. “The issue is settled now, and the city will focus on other business,” Councilman Ian Graves wrote in a Facebook post. The most notable change the council approved on Monday is the city will now allow residential projects in commercial districts, but only above or behind retail or office space, with several restrictions. Projects would be limited to two stories, such as adding apartments above a one-story commercial space.
Source: Joco 913 News
Olathe plans to relocate the downtown Post Office next year as part of the city’s efforts to revitalize the area. The city council announced the preliminary plans on June 25 at the first workshop for next year’s budget. The move is a collaborative effort with the United States Postal Service. Little is known about the project so far, but more information could be made available within the next three to five months once more refined conversations are had. According to City of Olathe Chief Communications and Marketing Officer Cody Kennedy, conversations have been “purely introductory” at this point. “I do know that as we look to activate Downtown Olathe, it was identified as an opportunity for redevelopment,” he said. The prospective site of a relocation is unknown, but development of the new site would start and finish within the year according to the city’s proposed 2025-29 Capital Improvement Plan.
Source: Johnson County Post
The city of Lenexa is looking to get a new public bench through unconventional means — by recycling more than 1,000 pounds of plastic bags. Taking a cue from neighboring cities like Merriam, the city has launched a year-long project where it ask residents to donate plastic bags at three locations in hopes of reaching the magic number of 1,000 pounds, enough to craft a bench.
“This was just something that was a little different that could benefit the community and the environment,” Heather Howell, Lenexa’s human resources specialist and member of Lenexa’s We Care Committee, said .“People do have a lot of plastic, I will say,” she said. “I know, personally, the Amazon bags that I get every single day that you can’t just toss into the recycling bins, they end up somewhere else. So bring them to Lenexa.” While Lenexa’s We Care Committee hosts a variety of projects for people in need, it wanted to shift its focus to the environment and making something useful out of plastic waste. “Traditionally, we’ve done a coat drive, we’ve done a canned food drive, we’ve done Warmth Trees in December,” Howell said. “The environment is something we’re really passionate about, as well.” The program was inspired by Merriam’s plastic bag drive in 2023, which gathered enough plastic bags to make two benches.
Source: Johnson County Post
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