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Archives for “Finance”
Tweet Are Kansas schools suffering from lowered standards despite sufficient funding or performing at exceptional levels in the face of fewer dollars available for the classroom? Depends on whose point of view and whose data you believe. A full house of nearly 200 packed the basement at Colonial Church for the second of MainStream Coalition’s [...]
Tweet The Lawrence-Journal World reports that a three-judge panel in Shawnee County today has issued a ruling requiring the state to raise the amount of base aid provided for public school students. The ruling deems the state’s current funding level for public schools unconstitutional. From the LJW story: The Kansas Legislature has violated its constitutional [...]
Tweet “There is a fiscal cliff coming in Shawnee Mission, too,” according to Shawnee Mission Superintendent Gene Johnson, not just for the federal government. Fund balances have dropped precipitously over the last few years and there is little prospect of state support coming soon in the face of the tax reduction plan that kicks in [...]
Tweet Johnson County’s Record and Tax Administration today released figures for county property valuations and tax levies as they pertain to the 2013 county budget — figures that show a decline in total taxable valuation over the past year. Total valuation in September 2012 was $7,521,371,462, down from the $7,551,985,565 used in calculating the county’s [...]
Tweet Almost with the stroke of a pen, Shawnee Mission School District will save more than $11 million by refinancing bonds from 2004 and 2005. The winning bid for the resale of the bonds came in at 1.78 percent. Representatives from the George K. Baum company, had predicted a rate of more than two percent [...]
Tweet The Shawnee Mission School Board took the first step Monday toward a bond refinancing that could save the school district more than $9 million. The district plans to refinance two general obligation bond issues, one from 2004 and one from 2005. The older issue has an interest rate of 5 percent on bonds of [...]
Tweet Prairie Village residents interested in seeing where the city’s money goes each month have a new resource at their disposal. The city has launched a new “PV Checkbook” feature on its website that lets anyone view the city’s expenditures. “PV Checkbook is an online application that brings government transparency to the fingertips of Prairie Village [...]
Tweet The latest statistics on city tax rates and indebtedness published by the Kansas League of Municipalities show Prairie Village compares favorably to its peer cities throughout the state. Of the 27 cities categorized as “Cities of the First Class,” Prairie Village has the fifth lowest amount of bond debt with $10,852,854. That’s compared to [...]
Tweet Better-than-expected revenues and across-the-board belt tightening left nearly $1.8 million more than budgeted in Prairie Village’s general fund at the end of 2011, according to a new financial report. Despite the fact that property tax and motor vehicle tax revenues declined in 2011, strong income from liquor and use taxes buoyed the city’s revenue [...]
Tweet Sales tax data released by the city of Prairie Village paints a mixed picture of what, if any, impact the 1 percent Community Improvement District taxes have had on the Village Shops and Corinth Square since they went into effect Jan. 1. Excluding the actual CID tax, the numbers show that sales through this [...]
Tweet Public sector employees have been a favorite target of the Tea Party movement since its inception, blamed for putting cities and states in a bind with too-large compensation packages and pensions. But a Johnson County official is starting to wonder whether all the belt tightening at the local level isn’t having an adverse impact [...]
Tweet The Prairie Village city council on Monday approved a bond issuance bid from UMB that will raise $4.5 million slated primarily to be used for street repairs. The move came after an open-market competitive bidding process Monday, during which the city received 11 bids for its bonds. “It’s a very strong result and an [...]
