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26 Monday, September 26

Muni yields rise amid global bond market volatility

2022-09-27T07:25:49-05:00September 26th, 2022|

Municipal yields climbed again Monday amid elevated secondary selling pressure following a major U.S. Treasury selloff while equities also ended in the red as global bond market uncertainties rattle all markets. Triple-A municipal yields rose as much as 18 basis points on the short end, with the one-year just below or above 3%, further flattening the curve. The two-year UST hit 4.3% while the 10-year climbed 21 basis points Monday. Source: The Bond Buyer

26 Monday, September 26

2-year Treasury tops 4.3% as yields rise following Fed rate hikes

2022-09-27T07:29:42-05:00September 26th, 2022|

Yields soared on Monday, with the 2-year Treasury reaching a fresh 15-year high, as markets digested the Federal Reserve's interest rate hikes and looked toward economic commentary from Fed speakers. The yield on the policy-sensitive 2-year Treasury briefly climbed above 4.3%, hitting levels last seen in 2007. ... The benchmark 10-year Treasury also climbed higher, with its yield up 6 basis points to 3.7668%. Source: CNBC - Bonds

26 Monday, September 26

Wichita begins new program to prevent violent crime

2022-09-27T07:29:57-05:00September 26th, 2022|

The City of Wichita will be working with a consulting firm on a Violence Interrupter Program that will work with community leaders to reduce gun violence. The City Council has approved an agreement with the consulting firm Cure Violence Global, which began in Chicago and operates in a number of U.S. cities. Assistant City Manager Donte Martin said the program will provide an understanding of violent behavioral outcomes and risk factors. He said Cure Violence will work with community organizations and train Wichita residents on the program that will be created.    Funding will be provided to local organizations that work in youth [...]

26 Monday, September 26

Fort Scott City Clerk Diane Clay Retires On Oct. 1

2022-09-27T07:30:44-05:00September 26th, 2022|

Diane Clay’s first job with the City of Fort Scott was as Administrative Assistant to the City Manager Richard U. Nienstedt in March 1998. Her last day on the job is October 1, 2022. “I have been employed for 24 years…with the City of Fort Scott,” she said.  “I have been City Clerk 23 of those years.” For many, Clay was the first contact with the city that citizens had. And for this reporter, she was always helpful and timely in her responses to questions. Source: Fort Scott Biz

26 Monday, September 26

Legislators float proposal to lower property taxes by reviving dormant LAVTR fund

2022-09-27T07:31:35-05:00September 26th, 2022|

A three-part proposal to reduce property taxes could save Kansas homeowners millions, Democratic lawmakers said during a news conference Monday at the Statehouse. Rep. Vic Miller, D-Topeka, and Rep. Mike Amyx, D-Lawrence, released the plan for consideration in the next legislative session, which begins in January. The plan includes reducing residential property assessment rates from 11.5% to 9%, financing a statewide property tax reduction fund and raising residential property exemptions from the state mill levy that funds public schools. Miller and Amyx want to refinance the Local Ad Valorem Tax Reduction Fund, which was designed to help local governments lower property [...]

26 Monday, September 26

70,000 attend McConnell open house and air show

2022-09-26T23:22:30-05:00September 26th, 2022|

The free air show at McConnell Air Force Base appears to have been a big success this past weekend. Organizers say approximately 70,000 people attended the Frontiers in Flight Open House and Air Show. It was the first air show at McConnell in four years. They plan to hold the next one in 2024, most likely in September. In addition to enjoying the U.S. Air Force Thunderbirds and other flying acts, visitors were able to get an inside look at dozens of planes and vehicles on display. Source: KSN-TV

26 Monday, September 26

SEK attorney & municipal judge to serve as honorary bailiff for Supreme Court special session in Parsons

2022-09-26T23:19:43-05:00September 26th, 2022|

Longtime attorney and municipal judge Rick Tucker has had his share of days in court, but he will take on a new role when the Supreme Court comes to Parsons. Tucker was selected to be honorary bailiff at the Supreme Court’s special session, which starts at 6:30 p.m. Monday, October 3, at Parsons High School. “I am excited to be able to ‘suit up’ and serve as bailiff for the Supreme Court in the presence of my community,” Tucker said. Chief Judge Lori Bolton-Fleming nominated Tucker for the position, noting his nearly half-century of service to the southeast Kansas legal community. [...]

26 Monday, September 26

Johnson County Library patron returns video tape 19 years after it was due

2022-09-27T07:32:28-05:00September 26th, 2022|

Staff at the Johnson County Central Resource Library saw a particularly unusual return last week when a patron brought back a video tape 19 years after it was originally due. The patron returned a copy of the Oscar-winning Russian language film “Burnt by the Sun” on VHS — a type of media staff say the library largely doesn’t carry anymore. Source: Prairie Village Post

26 Monday, September 26

Dodge City residents to vote on various tax initiatives

2022-09-27T07:33:28-05:00September 26th, 2022|

On November 8, 2022, Dodge City voters will have the opportunity to consider a one-half percent, or 0.50% retail sales tax increase on the ballot. ... This special dedicated sales tax can only be used to provide City of Dodge City property tax relief (4 mills in 2024), costs of street improvements and associated utilities. Associated utilities refer to water and sewer lines, most of which are 50 to 100+ years old and located within the streets to be reconstructed and repaired. If approved, the Sales Tax will generate approximately $3.5 million dollars a year to be used to reduce property [...]

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