Kansas

The region's municipal bond industry insiders saw a silver lining in a 21% increase for new money volume.

The Garden City Commission on Tuesday unanimously approved a charter ordinance that would give the city significantly more freedom in addressing general improvements and issuing general obligation bonds for certain projects.

Despite rising revenues, Kansas will still need to make adjustments to its budget because of rising demands, S&P Global Ratings says.

Bonds issued under Kansas Gov. Sam Brownback would be paid off more rapidly under a proposal from his Democratic successor, Laura Kelly.

The new office staffed by veteran banker Greg Vahrenberg will focus on Kansas and Missouri issuers.

Gov.-elect Laura Kelly will enjoy rising revenues and prospects for Medicaid expansion but still faces a GOP-dominated legislature.

The city in Kansas will issue sales tax and revenue bonds to subsidize about half the cost of an $80 million minor-league baseball stadium.

The three states are in the bottom of a ranking of state fiscal conditions by the Mercatus Center at George Mason University.

Resolutions authorizing the sale of bonds to finance building a new Dickinson County Jail and renovating the courthouse were approved Thursday.

NASBO Executive Director John Hicks said that deposits made to rainy days funds from budget surpluses will likely bring the total to more than $58 billion for fiscal 2018.