2 Thursday, February 2

Municipal Bond Trends for February 1, 2023

2023-02-02T09:26:30-06:00February 2nd, 2023|

The interest rate table above illustrates recent changes in a sample of MBIS "investment grade" yields. Every issuer's credit is different. For rates that may be applicable to your municipality, contact our Municipal Bond Advisors, Larry Kleeman, Beth Warren and Henry Schmidt.

2 Thursday, February 2

Fed Slows Its Tightening With Quarter-Point Interest Rate Rise; signals plans to increase interest rates again in March

2023-02-02T09:23:08-06:00February 2nd, 2023|

The Federal Reserve nudged up short-term interest rates by a quarter-percentage point and signaled it was on track to do so again at its meeting next month while officials consider whether and when to pause increases late this spring. The decision Wednesday to raise the Fed’s benchmark federal-funds rate followed six larger, consecutive increases to combat inflation, which hit a 40-year high last year. Officials raised rates by a half point in December and by 0.75 point in November. Officials agreed to slow rate rises to gain more time to study the effects of their moves. “We’re talking about a couple [...]

2 Thursday, February 2

Hutchinson shelter expands hours

2023-02-02T07:36:27-06:00February 2nd, 2023|

NOEL Lodge, a non-profit emergency shelter serving the people without homes, recently expanded their hours to accommodate people needing assistance. The facility, located at 200 W. 6th Street, operates two first-come, first-served sessions. The daytime session runs 7 am-3:30 pm and the nighttime session from 4 pm-7 am. With 25 beds available, NOEL is operating at capacity. President and CEO Shara Gonzales noted several factors are causing an increase in the number of people needing the emergency shelter’s services. “We are looking at new people falling into homelessness. The cost of living, insurance, and property tax has all gone up. People's [...]

2 Thursday, February 2

Topeka leaders say the local homeless situation is spiraling

2023-02-02T07:35:45-06:00February 2nd, 2023|

Volunteers counted 365 unsheltered people last year in Topeka during the annual Point in Time Homeless Count. Meanwhile, one chronically homeless person costs taxpayers an average of more than $35,000 a year, says the National Alliance to End Homelessness. Multiply those and the total is $12.78 million. Compare that to the roughly $76,000 Topeka's city government is considering paying a consultant to help the city better deal with homelessness and "that $76,000 is a pretty small number," said city manager Stephen Wade. Source: CJonline

2 Thursday, February 2

Harvey County commissioners open to revisiting wind regulations

2023-02-02T07:22:27-06:00February 2nd, 2023|

Justin Stucky, chairman of the Harvey County Planning Commission, told commissioners that he was concerned about their decision to reduce the setbacks from 1,500 feet to 1,000 feet for wind turbines. He said he was speaking for himself but added that their action in October “undermined the whole reason for having a planning and zoning board. These are decisions that will affect the county for many years.” Stucky asked commissioners to reopen the renewable energy regulations for discussion. He asked Commissioner Don Schroeder to add the topic for discussion at the next meeting. He said the county had plenty of time [...]

2 Thursday, February 2

Fire near Bentley lasts for over two years

2023-02-02T07:18:45-06:00February 2nd, 2023|

The end is coming for a fire that the Sedgwick County Fire Prevention (SCFP) and Bentley and Valley Center Fire Departments have been fighting for over two years. In late 2020, a local landowner purchased material from an ethanol plant in Colwich and had it delivered to his land around 101st Street and 119th Street West, according to Fire Marshal Brad Crisp of the Sedgwick County Fire Prevention. Crisp said he believed the intention was to use the ash as some sort of mineral supplement for the farmland, but it contained a lot of metal and had some combustion going on [...]

2 Thursday, February 2

Sedgwick to double its Flock camera coverage

2023-02-02T00:17:18-06:00February 2nd, 2023|

Sedgwick has two more Flock cameras coming, probably sometime in March, according to Police Chief Lee Nygaard. He said the addition of the cameras is to complete the city’s coverage of its four major roadways to and from town. A year ago, Sedgwick installed the Flock cameras on 125th Street heading east and on South Ridge Road. The two new cameras will cover the roads going north and west. Nygaard said it was former Police Chief Brian Daily’s plan from the beginning to get the added coverage of four cameras. Source: Harvey County Now

2 Thursday, February 2

Halstead and North Newton receive SEED grant

2023-02-02T00:15:10-06:00February 2nd, 2023|

The cities of Halstead and North Newton worked together to submit a successful SEED Grant application and soon North Newton park will see new shade structures, the Halstead Public Library will have new carpeting, and the Kansas Learning Center for Health (KLCH) will install new exercise equipment as a result of the cooperation. Halstead City Manager Ethan Reimer said the SEED grants were only going to be awarded one per county so Halstead and North Newton negotiated a way to come together instead of competing for the limited grant money. “We thought it was better and more in the spirit, and [...]

2 Thursday, February 2

Peabody goes after $3 million in grant money

2023-02-02T00:10:21-06:00February 2nd, 2023|

Twenty-nine property owners in Peabody’s historic district, Sunflower Theatre, and the city of Peabody have applied for nearly $3 million in American Rescue Plan Act money funneled through the Kansas Department of Commerce. City council members signed off Monday night on the city’s own request for $725,000 for sidewalks and lampposts. Requests also were approved by the Peabody Main Street Association. Jonathan Clayton, who works for the Commerce Department, helped guide Peabody’s application for the Building a Stronger Economy 2.0 grant, the second round of funding. He did so on his own, independent of his job, and at no cost, he [...]

2 Thursday, February 2

Richter named new Jackson County Clerk

2023-02-02T07:25:55-06:00February 2nd, 2023|

When Jackson County Clerk Kathy Mick steps down from her post at the end of March, longtime assistant clerk Kristie Richter will step in to take her place. “I’m a little nervous, but I’m excited,” said Richter, who has worked in the county clerk’s office in the Jackson County Courthouse for more than two decades. Mick, who has held the county clerk’s position for 30 years and has worked for Jackson County for 44 years, said she has confidence that Richter will do an excellent job. “She’s got the basics down,” Mick said of Richter. “I think she’ll be able to [...]

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