Kansas

The Kansas Supreme Court upheld a lower court ruling that the state's funding for public schools violates the state constitution.

The city of Wichita will need about $10 billion more than currently planned to maintain its infrastructure over the next decade, according to a committee report.

With refunding opportunities fading, municipal bond volume in the Southwest region fell 13% from 2012 to $56 billion in 2013.

Developers of a proposed 250-room hotel adjoining a state-owned casino and speedway in Kansas City, Kan., win a 90-day delay to break ground.

The Kansas Jayhawks basketball team will get a $17.5 million apartment building funded by donations and revenue bonds.

Kansas lawmakers are considering Gov. Sam Brownback's proposed increases in spending for the next two fiscal years.

Seeking to avoid debt wherever possible, state lawmakers are searching high and low for money to repair their aging capitols in the wake of recession.

The school district serving Topeka, Kan., will ask voters to approve $143 million in an election this spring.

After previous years of slumping revenue, Kansas lawmakers will see a slight increase in this year's session.

About $23 million of lease-revenue debt issued for a hospital in southern Kansas has fallen below investment grade, according to Moody's Investors Service.

Budget weakness brings a Standard & Poor's downgrade to Sedgwick, Kan.'s, general obligation rating to BBB-plus from A-minus.

Manhattan, Kan., home of Kansas State University, will have about $145 million of general obligation debt outstanding after it issues $21 million of bonds and notes in a competitive sale Tuesday.

Standard & Poor's on Friday raised its rating on general obligation debt for Coffeyville, Kan., one notch to A-plus from A based on revised local GO criteria.

Wichita City Council voted to issue $40 million in sales tax and revenue bonds for a development that will combine a sporting goods store with athletic facilities and lodging.

The small Wichita suburb of Goddard wants to use sales tax bonds to fund a $160 aquatic center and sports complex.

The unfunded liability of Kansas's largest public pension plan widened to $10.2 billion despite a net return of 14% in fiscal 2013.

Contrasting with a 10% national decline in municipal bond volume for the first half of 2013, the southwest region recorded a 3% lift to $29.7 billion.

Backers of a new city library in Wichita, Kans., will have to find other funding options after the City Council rejected a plan for $29 million of bonds for the project.

Moody's Investors Service lowered its rating on $200 million of Kansas economic development bonds because of cuts to the supporting tax.