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.
A deepening selloff in the U.S. bond market drove the yield on the 10-year U.S. Treasury note to 5% for the first time in 16 years, extending a rout that has rattled stocks, lifted mortgage rates and fueled persistent fears of an economic slowdown. A critical driver of U.S. borrowing costs, the 10-year yield rose to within a few thousandths of a percentage point of 5% last week following an unexpectedly strong retail-sales report and comments from Federal Reserve Chair Jerome Powell that reinforced investor bets on stubbornly high short-term interest rates. The 5% barrier barely held then, but broke in an early Monday climb. The 10-year yield reached as high as 5.021%, according to Tradeweb, before falling back down to 4.867% in recent trading. That is up from roughly 3.8% at the start of the year.
Source: WSJ.com: Markets
After nearly three decades, should the Unified Government of Wyandotte County and Kansas City, Kansas, change its consolidated government structure? That will be a key question posed at neighborhood discussions in the coming weeks after the mayors of KCK, Edwardsville and Bonner Springs announced plans to create a task force to hear resident concerns, and solutions, about the UG. While no meetings have been set, current and former officials are divided on the region’s future, especially over the suggestion that KCK and county could break up. Mike Jacobi, who was a leader in the consolidation effort in the 1990s, considered the mayors’ plans an “attack on everything” he and others in that movement did. Since KCK and Wyandotte County’s governments unified in 1997, Jacobi said, the county went from being known for its political corruption to one with attractions like the Kansas Speedway in the Village West area.
Source: KC Star Local News
Within two days of announcing a new online form to report people living outside to Lawrence’s homeless programs team, the city had received more than four dozen responses regarding approximately 20 camps. City staff members are upping their efforts to discourage people from making new campsites in areas where the city has deemed it illegal. That includes parks, sidewalks, the public right of way, and on private property without the owner’s consent. Staff members are also formulating plans to make progress with residents of the longer-term campsites that are pretty well established and have larger populations. The city on Wednesday announced its new online form to report people living outside. It asks for the approximate address of the camp, a description of the people living there and when the campsite was first noticed. By Friday afternoon, the form had received 49 submissions regarding approximately 20 camps, Cori Wallace, a spokesperson for the city, said via email.
Source: The Lawrence Times
Emporia Fire Chief Brandon Beck was more than pleased to welcome the community to the fire department’s 150th anniversary celebration Saturday. And he was even happier to see how many people turned out for the event. “We’ve had a great turnout today. It’s been just kind of a steady flow of people since 8 a.m. this morning,” he said as the celebration began winding down Saturday afternoon. Battalion Chief Tony Fuller told The Gazette last week that EFD recognizes every 25-year milestone. Beck, who joined the fire department as a volunteer in 1993, said it was exciting to be on hand for the sesquicentennial celebration. “It’s kind of exciting to be part of the department at this time,” Beck said. “I was here when we celebrated 125, so it’s kind of cool to see that. It’s just great to see all of the dedication.” Throughout the day, Beck said former firefighters and their families came out to see Fire Station No. 1, check out some of the new equipment and share memories of times long past.
Source: Emporia Gazette
Kansas Governor Laura Kelly says the state will receive a federal grant that will help build local capacity for the 988 Suicide and Crisis Lifeline and related crisis services. The grant of over $5.4 million is from the U.S. Department of Health and Human Services and the Substance Abuse and Mental Health Services Administration. It will be provided to the Kansas Department for Aging and Disability Services. Governor Kelly said the funds are critical to ensure that Kansas has the staff and resources to address the mental health crisis in the state. The funding will give Kansas the ability to recruit, hire and train additional staff to make sure state contact centers can collect and report monthly data on contacts that result in emergency rescue, suicide attempts in progress, and mobile crisis outreach referrals. A federal program will provide almost $1.9 million in the first year and nearly $1.8 million in each of the next two years to improve the response to 988 contacts – calls, chats and texts – originating in Kansas.
Source: 101.3 KFDI
Panasonic has starting filling in details about hiring plans and how it will use tax incentives to build a $4 billion electric-vehicle battery plant in De Soto. On Thursday, the De Soto City Council approved a development agreement with Panasonic Energy of North America that outlines tax incentives for the company’s EV battery manufacturing plant. The agreement details the scope of the project and the company’s commitment to support community infrastructure needs and future employment quotas. “This is a hugely complex, impactful and important document for our city. It’s had our top priority and attention for the past several months,” City Administrator Mike Brungardt told the City Council. Last January, the City Council approved the creation of a tax increment financing district on the northern 6,000 acres of the former Sunflower Army Ammunition Plant property, now known as Astra Enterprise Park.
Source: Kansas City Business Journal
Mount Olive Cemetery stands as a testament to the enduring legacy of those who rest within its peaceful and beautiful grounds. The City of Pittsburg’s Parks and Recreation Department takes great pride in providing a tranquil final resting place, where the community’s history is etched into the landscape. Toby Book, the director of the City of Pittsburg Parks & Recreation, highlights the significance of this cemetery. He mentioned, “I still get a lot of requests from families out of state to bring the remains or cremains back to this cemetery to be buried where they’re from, to be back in their community for their final resting place.” For many families, Mount Olive Cemetery represents more than just a place of rest; it’s a connection to their roots and a cherished final destination. The city is appreciative of the natural beauty within the cemetery, which is meticulously maintained by a local landscaping company.
Source: KOAM News
Have you ever wanted to trap, cook and eat the squirrels in your backyard? If the answer is yes, the upcoming squirrel clinic in Lawrence could be right up your alley. Amy Bousman, an education specialist with the Kansas Department of Wildlife and Parks (KDWP), is gearing up for the clinic happening later this month. This unique learning opportunity is focused on teaching locals how to eat the squirrels in your neighborhood in a safe, legal and ethical manner. “I’m a pretty out-of-the-box program designer,” Bousman said. “I try to develop programs that speak to the community in new and innovative ways.” Bousman, who encourages sustainability discussions during community events, got the idea to hold a squirrel clinic after hearing of the “unruly squirrel population” in Lawrence. She had received complaints from locals on the issue of squirrels getting into community orchards and grain supplies for backyard farms. Bousman hopes this clinic is something that can be applied to other population centers in northeast Kansas.
Source: KSNT 27 News
A security video recorded a young mountain lion walking around a shed on property near 17th Street and Kennedy along Labette Creek on Oct. 13. The sighting was reported to Parsons police who reported it to the Kansas Department of Wildlife and Parks on Monday. KDWP visited the location and was satisfied that the animal, likely between 1 and 3 years old, had moved on. Matt Peek, wildlife research biologist for KDWP, told the Sun the lion is likely the same animal seen southeast of Iola on Oct. 9 based on distance and the timing of the two confirmations. “We were not able to determine age or sex, but most of the lions that have dispersed across the Midwest like this have been 1 to 3-year-old males. We’ve had over 60 confirmations since 2007, including nine in 2023,” Peek said. He said if biologists are able to collect DNA left behind by the cats, they would be able to tell what state they came from.
Source: Parsons Sun
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