Wichita officials said 100 positions may be eliminated in the fiscal 2010 budget due to declines in sales and property tax revenue and increases in health insurance costs.
Preliminary figures indicate the city may have a $13 million deficit next year and a $17.5 million gap in fiscal 2011.
Wichita is considering a plan to privatize parks maintenance that would reduce its workforce by 65 employees.
A hiring freeze by the city has been in place since January.
Inflows returned to muni mutual funds as investors added $200.3 million for the week ending Wednesday after $1.474 billion of outflows, according to LSEG Lipper.
Democratic Gov. Laura Kelly nixed another tax cut bill passed by the Republican-led legislature this year, while pushing a less-costly plan.
It's a big week for the Fortress-backed train company, which refinanced more than $4 billion of debt and broke ground on its West Coast high-speed line.
Photos from The Bond Buyer's Texas Public Finance conference.
The Mayo Clinic is undertaking a $5 billion expansion that may bring new debt as it reconstructs its core Rochester, Minnesota campus.
"Just like the ATM became an additional transaction channel in the banking industry, I believe distributed ledger technology will provide municipal issuers with a similarly valued tool to sell their bonds," said Rick Coscia, Quincy's Strategic Asset Manager.
