Many Park City residents welcome proposed sales tax

23 Sunday, July 23

Many Park City residents welcome proposed sales tax

info2023-07-26T08:57:57-05:00July 23rd, 2023|

The city of Park City is proposing a new 1 percent sales tax to its community and according to Mayor John Lehnherr, the community has responded positively. The sales tax will help with some of the city's needs such as adding additional law enforcement and helping fix the roads. Lehnherr said the city conducted a recent study and found that 88 percent of Park City's revenue comes from outsiders visiting. He said because they are near the interstate with four exits, people stop in to dine, shop, and get fuel. Lehnherr added leveraging this 88 percent can also be a benefit [...]

23 Sunday, July 23

Girard Fire Department hosts annual community event

info2023-07-23T23:35:45-05:00July 23rd, 2023|

The Girard Kansas Fire Department today hosted its annual event with the intention of making it a recurring tradition. Organizers say the event aims to provide an opportunity for the public to view the department's equipment and raise awareness about the needs of different departments. It also serves as a platform for the public to ask any questions they may have. Participants had the opportunity to enjoy bounce house and offer tours of the fire trucks and police cruisers. "The goal is to keep the public informed on what we do here and our equipment and where we are," said Chris [...]

23 Sunday, July 23

The Kansas tax subsidy law that gave millions to Panasonic and Integra projects is ending

info2023-07-23T23:32:12-05:00July 23rd, 2023|

In February of last year, Kansas Governor Laura Kelly signed APEX (Attracting Powerful Economic Expansion) into law. It allows for tax incentives to be given to for-profit companies when they select Kansas as the site of their billion-dollar megaprojects. Through APEX, Kansas was able to secure a $4 billion Panasonic electric vehicle battery plant in De Soto and a $1.8 billion Integra semiconductor plant in Wichita. But now, it's unclear if the Kansas legislature will extend the law past its expiration date, putting the prospects of future development deals in limbo. Dylan Lysen of the Kansas News Service says some influential conservative lawmakers are worried the state [...]

23 Sunday, July 23

Dolly Parton to visit Kansas to celebrate Imagination Library program

info2023-07-23T23:25:56-05:00July 23rd, 2023|

Singer, songwriter and philanthropist Dolly Parton is set to visit Kansas next month to celebrate her Imagination Library program. The Office of the Governor announced the plans for the visit for Monday, Aug. 14 in a press release. This was accompanied by an announcement that every child in Kansas from birth to the age of five can receive free books every month through Dolly Parton's Imagination Library. In total, the Imagination Library has gifted more than 200 million books worldwide since it was launched in 1995. "I am pleased that we have reached this amazing milestone – being able to provide [...]

23 Sunday, July 23

Pittsburg City Hall updates accessibility

info2023-07-23T23:23:36-05:00July 23rd, 2023|

The front entrance to City Hall is now open after an extensive exterior renovation and accessibility improvements. “The previous steps to the front entrance were deteriorated and the exterior needed updated and preserved,” said City Manager Daron Hall in a statement. “With the help of our team, we were able to protect the structure, improve the aesthetics, and increase safety and accessibility to this important public asset.” The city partnered with Sprouls Construction Inc. and Echelon Architecture and Design to make City Hall more compliant with the Americans with Disabilities Act. Façade improvements were also included in the project, as well [...]

23 Sunday, July 23

Derby moves to hybrid vehicle leasing approach

info2023-07-26T09:00:03-05:00July 23rd, 2023|

Like the average customer walking onto lots right now, the city of Derby is having a tough time buying cars at the moment. A little over a year after entering into a fleet leasing agreement with Enterprise, challenges remain, which has led to city to reassess its approach and shift gears to a hybrid model. The city will still continue to lease hard-to-find vehicles through Enterprise (police units, one-ton trucks, etc.) but will also look to purchase some through its own authority as needs – and availability – arise. Staff noted changing the approach has little to do with the efforts [...]

23 Sunday, July 23

Municipal Bond Trends for July 21, 2023

Henry Schmidt2023-07-23T20:19:17-05:00July 23rd, 2023|

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.

21 Friday, July 21

Wichita sues developers, alleging broken promises to repay incentives for shopping center

info2023-07-21T11:23:49-05:00July 21st, 2023|

After awarding Wichita developers Dave Burk and Dave Wells millions of dollars in economic incentives in the past two decades, the city of Wichita is now suing them, alleging broken promises to repay a $2.5 million loan to redevelop the Ken-Mar shopping center. Burk, best-known for his redevelopment of Old Town, and Wells, president of Key Construction, have been partners on dozens of projects in downtown Wichita and are two of the most prolific campaign donors in city politics. The two developers owe the city more than $1.8 million for a loan it gave them in 2011 to redevelop the Ken-Mar [...]

21 Friday, July 21

As Lawrence works on land development code update, residents speak out about accessory dwellings, downtown, fear of change and more

info2023-07-21T11:23:05-05:00July 21st, 2023|

The steering committee working on new rules for where and how Lawrence should grow is getting plenty of feedback from members of the public — about topics as diverse as density, downtown development and the fear of change. Since last August, the city has been in the process of updating the Land Development Code, which dictates city growth along with changes that could affect the aesthetics and function of existing neighborhoods and commercial areas, for the first time since 2006. The Land Development Code Steering Committee has now passed the halfway point of a series of community input meetings taking place [...]

21 Friday, July 21

Fed Seen Hiking Final Time to a 22-Year Peak in Economist Survey

info2023-07-21T11:15:43-05:00July 21st, 2023|

Most economists expect the Federal Reserve to lift interest rates one more time next week as it ends a 16-month hiking cycle that has been the most aggressive fight against US inflation in 40 years. The Federal Open Market Committee will raise rates a quarter point at its July 25-26 meeting to a range of 5.25% to 5.5%, the highest since 2001, according to economists surveyed by Bloomberg. With price pressures diminishing last month, almost all economists expect no change to rates at the September meeting and just one-fifth of the group predicts another hike by the November meeting. Fed Chair [...]