Kansas

A spike in POB issuance last year that was spurred by low interest rates, roaring stock markets, and other factors is likely to wane.

April revenue collections set records in Southwest states as a strong economy and inflation boosted income and sales tax collections, although some officials are urging caution.

In an election year marked by inflation, lawmakers in about 20 states are considering bills to permanently or temporarily ease the sales tax burden.

The taxable bonds will reduce the unfunded actuarial liability of, and employer contribution rates to, the Kansas Public Employees Retirement System.

Kansas closed its fiscal year with tax collections running 9.3% over estimates and its highest reserves since 1980, officials said.

Lawmakers, buoyed by rising revenue estimates, overrode Gov. Laura Kelly's veto of tax cut legislation.

Anticipating a flood of funding from President Biden's infrastructure plan, states are positioning for an expansion of broadband to rural and underserved areas.

UMB claims the bonds for the Kansas hotel project are in default because the developer failed to secure a $52 million loan required by the bond indenture.

The chapter had financial difficulty before the pandemic and wanted to refinance its debt.

Although the pandemic disrupted regular Manhattan-Ogden school operations for the rest of the school year, there's been the small silver lining that construction crews on several district bond projects can start their work, or at least preparation for it, a little earlier.