info2022-09-28T07:53:39-05:00September 28th, 2022|
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 and Beth Warren.
info2022-09-28T07:42:36-05:00September 28th, 2022|
A liquor by the drink opt-out, sparked by the efforts of Hutchinson business Sandhills Brewing Company to renew its state of Kansas liquor license, will be placed on the county’s November 2023 ballot.... K.S.A. 41-2646 states that drinking establishments such as Sandhills make at least 30% in annual profit from food sales. The law allows the board of commissioners to submit a question to the voters, following either the adoption of a resolution or upon receiving a valid petition from citizens. Source: Hutch News
info2022-09-28T07:40:42-05:00September 28th, 2022|
The City of Salina is looking for any opportunity to help alleviate the current housing situation, with another state resource currently being considered after approval by the City Commission. During its meeting Monday, the commission approved a resolution to submit an application to the Kansas Housing Resources Corporation for the state's 2022 moderate income housing (MIH) grant program for a development that is expected to have 338 housing units. Source: Salina Journal
info2022-09-28T06:50:29-05:00September 28th, 2022|
The yield on 10-year U.S. government bonds hit 4% for the first time in more than a decade Wednesday, the latest leg of a historically steep rise that has jolted financial markets this year. Yields, which rise when bond prices fall, have been climbing at their fastest pace in four decades because of escalating expectations for how high the Federal Reserve will raise short-term interest rates to tamp down the worst inflation since the 1980s. ... The yield on the benchmark 10-year U.S. Treasury note touched above 4% briefly in European trading hours, before slipping back. It was at 3.985%, up [...]
info2022-09-29T07:51:31-05:00September 28th, 2022|
Chicago Federal Reserve President Charles Evans says he's feeling apprehensive about the U.S. central bank raising interest rates too quickly in its quest to tackle runaway inflation. Speaking to CNBC's "Squawk Box Europe" on Tuesday, Evans said he remains "cautiously optimistic" that the U.S. economy can avoid a recession — provided there are no further external shocks. His comments come shortly after a slew of top Fed officials said they would continue to prioritize the fight against inflation, which is currently running near its highest levels since the early 1980s. Source: CNBC - Bonds
info2022-09-29T07:52:29-05:00September 28th, 2022|
The dispatchers who take 911 calls about crashes on Kansas roadways are the crucial links in emergency responses. Without them, help wouldn’t arrive in time. How do they do it? Three dispatchers with Hutchinson-Reno County Emergency Communications are sharing their stories in the series. This second article focuses on Sabrina Henry, dispatch supervisor: Henry remembers getting a series of calls from panicked witnesses who encountered a crash. A vehicle had gone off the road, leaving multiple victims. She managed to calm the witnesses enough to find out where they were and how many victims. It took a few moments “to get [...]
info2022-09-28T07:49:48-05:00September 28th, 2022|
Part of the push behind Derby’s recent housing study and its adoption was to make additional incentives available to the city – incentives that are seen as a means to further housing development. In particular, the Kansas Legislature made the benefits of the Rural Housing Incentive District program (RHID) more accessible in 2021, opening up the program to cities and counties with a population of less than 60,000. With the filing of the housing study, Derby can now utilize RHIDs as a development tool. The community development advisory board officially approved their addition to the city’s economic development policy back in [...]
info2022-09-28T07:50:12-05:00September 28th, 2022|
City leaders in Merriam will soon consider a new plan to reinvest in the city’s aging hotel stock. On Monday, the Merriam City Council reviewed a proposed grant that could help revamp local hotels to bring in more tax revenue for the city. Currently there are four hotels in Merriam, all built between 1982 and 1998. A 7% transient guest tax (TGT) applies to all hotels and Airbnbs within the city. Revenue from the TGT supports the Visitor’s Bureau, the farmers market and special community events like the Turkey Creek Festival. Source: fox4kc.com | FOX 4 - WDAF
info2022-09-29T07:54:55-05:00September 28th, 2022|
Saturday was a wild time at the Lee Richardson Zoo. The 2022 “A Wild Affair” fundraiser held by the Friends of Lee Richardson Zoo was held for the first time in two years, since the 2019 event, on Saturday. This was the event’s 15th year. Kristi Newland, zoo director, said it’s a “wonderful event where community support shines” and they get to welcome people to the zoo on a different basis to have a good time. Jessica Norton, executive director of the Friends of Lee Richardson Zoo, said a lot of people attend the event when it’s held, a lot of [...]
info2022-09-28T07:50:36-05:00September 28th, 2022|
The Hiawatha Foundation for Economic Development has announced new grant opportunities for downtown. HFED Director Mikaela Moore said the organization is facilitating the second round of Historic Economic Asset Lifeline (HEAL) grants, intended for revitalizing downtown buildings in small communities across the state. These grants were recently announced by Lieutenant Governor and Secretary of Commerce David Toland and the HEAL program is designed to bring downtown buildings back into productive use as spaces for new or expanding businesses, housing, arts and culture, civic engagement, childcare or entrepreneurship. Source: hiawathaworldonline.com
