Budget impasse risks Kansas bond rating and KPERS bonds
Lawmakers warn the budget stalemate could hurt Kansas bond ratings, particularly the planned 1 billion pension obligation bonds for KPERS. Moody's notes prior downgrade and potential further downgrade if the impasse continues, with KU also planning bonds for library and facility projects and awaiting a resolution to avoid investor unease.
Kansans face budget clash over tax rises and across-the-board cuts
Kansas lawmakers debate tax increases to balance the budget as Brownback warns of $400 million in across-the-board cuts if taxes fail. KU, public schools, and higher education would lose tens of millions, with potential classroom impacts. House Republicans weigh a Senate tax plan while Senate leaders voice doubt. Journal-World reporter Peter Hancock contributed.
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Moody’s Investors Service
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The
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Kansas University
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Caboni
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Kan
Kansas Board of Regents
Regents
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Gene Suellentrop
Wichita
House
Senate
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Bruce
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Kansas Association of School Boards
Sullivan
Distinctive Vermont Street library and parking garage rise in Lawrence
Lawrence sees a wave of new large constructions with varied aesthetics. El dorado Inc. designs a light industrial look for a mixed use project with 43 apartments, most rent controlled, funded by state tax credits restricting occupancy to eligible tenants. Rents span 500 to 800 dollars, with about 10 units still available.
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Vermont Street
Kansas City
el Dorado Inc
Ninth Street Corridor
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LawrakK Kukuk in plea and sentencing details emerge
In a courtroom recount, Martin links Kukuk to texting for help and obtaining a gun used in the crime. Kukuk faces 36 months parole after prison and 15 years registry with the sheriff. others involved include Pence, Patterson, and Kindell. Johnson received three and a half years. victims Adams and a KU senior are named in testimony.
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Johnson
Kukuk
Sheriffs Office
Kansas Department of Corrections
Lawrence
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Kansas University
Boston Red Sox
Red Sox
Zachary John Pence
Pence
Christopher Adams
Adams
Gabriel Alexander Patterson
Long Beach
Calif
Yusef Muhammad Kindell
Patterson
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Topeka
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