Henry Schmidt2023-04-06T08:39:14-05:00April 6th, 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, Beth Warren or Henry Schmidt.
info2023-04-05T10:50:50-05:00April 5th, 2023|
ederal Reserve Bank of Cleveland President Loretta Mester said policymakers should move their benchmark rate above 5% this year and hold it at restrictive levels for some time to quell inflation, with the exact level depending on how quickly price pressures ease. To put inflation on a steady path down to 2%, monetary policy needs to move “somewhat further into restrictive territory this year, with the fed funds rate moving above 5% and the real fed funds rate staying in positive territory for some time,” Mester said at an event Tuesday in New York with the Money Marketeers of New York [...]
info2023-04-05T10:49:41-05:00April 5th, 2023|
Planning continues as a local Topeka non-profit works to return a grocery store to central Topeka. Although the Central Topeka Grocery Oasis group last month signed a lease with GraceMed Capitol Health Clinic for one acre north of the clinic at S.W. 12th and Washburn, efforts to launch a grocery store in neighborhood are still in very preliminary stages. CTGO chair, Marge Ahrens said the group was grateful to GraceMed Health and those who have helped in the quest for a grocery store. Source: CJonline
info2023-04-05T10:48:09-05:00April 5th, 2023|
Buhler district voters rejected an $8 million bond that would build a new district office building, which included classrooms for the district's Ad Astra Academy, a large community/board room and an indoor sports complex. The bond also included $800,000 going toward elementary school playgrounds. With 15.76% of voters weighing in, the unofficial total of all 26 precincts was 578 voting for the bond and 954 voting against it. With 1,532 votes submitted, the yes votes came in at 38% of the total cast, with the no votes totaling 62%. Source: Hutch News
info2023-04-05T10:40:03-05:00April 5th, 2023|
The City of Pittsburg Downtown Advisory Board (DAB) has announced grant funding to bring more art to Pittsburg’s downtown district. The DAB is offering up to 50/50 matching funds, not to exceed $1,000, for murals in the downtown district and has allocated $2,500 for this year’s grant cycle. “The Downtown Advisory Board is excited to continue its commitment to arts in the downtown district,” says DAB Chair Sydney Anselmi. “Public art enriches the experience of both our residents and visitors to our community. Each little area we can brighten with public art easily brightens the areas surrounding it, and the goal [...]
info2023-04-05T10:14:21-05:00April 5th, 2023|
According to Fitch Ratings, the U.S. Environmental Protection Agency’s (EPA) recently proposed rule setting limits on per- and polyfluoroalkyl substances (PFAS) in drinking water would increase public water utilities’ debt burden as a result of the added costs of compliance. A recent press release from Fitch says the strong rate flexibility and capacity for additional debt exhibited by water systems is expected to limit the impact on credit quality, but will depend on the final scope of rule. EPA expects to finalize the rule by the end of 2023. Source: Water Finance & Management
info2023-04-05T10:13:19-05:00April 5th, 2023|
Cities across the United States are struggling with maintaining existing infrastructure with supply chain disruptions and rising costs of equipment, manpower and supplies. Likewise, developers are faced with many challenges to plan, finance and build basic infrastructure and housing units to allow for cities to continue to grow. If there is existing capacity in source water and treatment facilities, then underground pipe networks for water and sewer services need to be built before the streets, sidewalks and new homes. Source: Water Finance & Management
info2023-04-05T10:11:42-05:00April 5th, 2023|
It’s the perfect time of year to do birds and butterflies a solid — by killing an invasive, ornamental and all-too-common pear tree. This April and May, if you live in or near Kansas City and Topeka and can destroy an ornamental pear on your property, you can get professional help picking out a free replacement tree guaranteed not to wreak environmental havoc. The annual Deep Roots KC program will give out hundreds of free trees. This year, the program includes a giveaway site in Topeka for the first time. In coming years, the group plans to expand to other Kansas [...]
info2023-04-05T10:09:20-05:00April 5th, 2023|
The Wichita City Council struck down a zoning change for Happiness Plaza on Tuesday that would have allowed its owners to build a new parking lot in College Hill. The zoning change, which was challenged by a protest petition filed by 27% of surrounding property owners, received a 5-2 majority vote but fell one vote short of the 6-vote majority needed to pass a contested zoning change. Council members Mike Hoheisel and Maggie Ballard voted in opposition. “I think my concern is the housing piece, the precedence that it sets for changing the residential zoning in a popular neighborhood for a [...]
info2023-04-05T10:42:05-05:00April 5th, 2023|
Flashing red lights atop wind turbines would be curtailed to improve nighttime views under a bill that has been sent to the governor. If signed by Democrat Gov. Laura Kelly, it would require installation of light-mitigating technology on new and existing wind farms, The Topeka Capital-Journal reports. The aircraft detection lighting system technology would turn off the lights except for when aircraft are near. Aircraft aren’t near a wind farm about 97% of the time the lights are blinking, said Rep. Lisa Moser, R-Wheaton. Source: The Iola Register
