Trenton’s Utility Committee will recommend minimum cash reserves for each of the three departments of Trenton Municipal Utilities: electric, water, and sewer. Utility committee members, two councilmen, the Mayor, and other city officials reviewed financial information based on an April 2018 audit. The purpose of having minimum cash reserves is to have enough money for […]
USDA Rural Development State Director Jeff Case announced today that the USDA is investing over $734,000 in eight (8) projects that will build community infrastructure and provide essential services for over 57,000 rural Missourians. “The commitment to improving infrastructure and essential services throughout rural America is a priority of this administration,” said Case. “USDA is […]
North Central Missouri College’s Cohort Default Rate (CDR) continues to decline. The rate is the percentage of a school’s student loan borrowers who began paying on specific federal loans and defaulted within three years. NCMC’s most recent rate is 13.8% which is a decline of two and a half percent from the previous year and […]
Assistant to the Secretary for Rural Development Anne Hazlett announced Wednesday that the United States Department of Agriculture is investing more $398,500,000 to improve rural electric service in 13 states through the Electric Infrastructure Loan Program. Grundy Electric Cooperative, which is headquartered in Trenton, received a $10,000,000 loan, which includes $270,000 for smart grid projects. […]
Clarksdale in DeKalb County is receiving $765,000 in loan and grant funds to improve its water system infrastructure. The U. S. Department of Agriculture funds include a $226,000 loan and a $539,000 grant. The money will be spent to replace water lines, meter equipment, install ten hydrants, and improve water tower equipment, ultimately improving service […]
The USDA is partnering with rural communities to support opportunities for opioid prevention, treatment, and recovery. Among the 85 recipients nationwide receiving funding are four (4) Missouri organizations ready to make an impact in the state’s opioid epidemic. “In 2016, there were 908 opioid overdose deaths in Missouri and it is now estimated that 1 […]
Assistant to the Secretary for Rural Development Anne Hazlett today announced that USDA is hosting listening sessions to solicit feedback on a plan to increase access to capital in rural areas by streamlining regulations for four Rural Development loan guarantee programs. “At USDA, we know that for many rural communities the regulations that govern our […]
The Trenton City Council last night voted not to proceed at this time with a power upgrade to allow the “black start option” for running the city’s diesel generators when there’s a prolonged electrical outage. A cost projection was rejected due to the amount of expense involved. The city council also failed to override Mayor […]
(USDA) – Agricultural producers in Missouri who suffered losses and damages due to recent drought on two separate occasions may be eligible for U.S. Department of Agriculture Farm Service Agency emergency loans. The loans are made available under the authority of the Secretary of Agriculture, Sonny Perdue. For the recent drought, the Secretary has designated Andrew, […]
Small non-farm businesses in multiple counties of Missouri are now eligible to apply for low-interest federal disaster loans from the U.S. Small Business Administration. These loans are to offset economic losses because of reduced revenues caused by the drought that is currently affecting the area. Small non-farm businesses, small agricultural cooperatives, small businesses engaged in […]
The Trenton City Council has voted unanimously to proceed with the headworks portion of sewer plant improvements. This followed a city council tour of the sewer plant and a review of plans for the headworks project. Previously, the city council authorized the effluent disinfection project to meet Department of Natural Resource requirements. That includes loan […]
Missouri State Auditor Nicole Galloway today released a citizen-requested audit of the City of Bethany, which found that poor planning in tax increment financing projects (TIF) spearheaded by the city resulted in delays and lack of oversight. “Economic incentives can be valuable for communities, but they must be presented transparently and used effectively as part […]
Agriculture Secretary Sonny Perdue today announced that the U.S. Department of Agriculture (USDA) is investing $97 million in 12 projects to provide or improve rural broadband service in 11 states, including Missouri. “A person’s location should not determine whether he or she has access to modern communications infrastructure,” Secretary Perdue said. “That is why USDA […]
“USDA is committed to being a strong partner to rural communities in building their futures,” Hazlett said. “All people – regardless of their zip code – need modern, reliable infrastructure to thrive, and we have found that when we address this need, many other challenges in rural places become much more manageable.” Eligible rural communities […]
In Missouri, 70 percent of college graduates leave school with debt, and navigating the payback process for their loans isn’t easy. That could change with a bill introduced in Congress this month that has gotten support from numerous higher education and consumer groups. The Aim Higher Act (HR 1772) is intended to make institutions more accountable and […]
The Missouri Department of Natural Resources’ Financial Assistance Center is making emergency funding available for drought-impacted publicly owned community water systems in response to an executive order by Governor Mike Parson putting 47 counties on drought alert. Public systems serving fewer than 10,000 people and are within the drought alert area designated in the executive […]
With the city of Trenton finalizing its share of costs to replace the 17th Street Bridge, efforts are directed at obtaining easements from nearby property owners and acquiring two buildings which are on the east side of the bridge. The 17th Street Bridge, now owned by the Union Pacific Railroad, was built by the former […]
Trenton city sales tax revenues received this month are running very steady with the amounts reported for July of last year, with the most recent figures shared with the Trenton City Council and news media at Monday nights’ meeting. Trenton has five city sales taxes. The general fund sales tax for July received over $88,000, […]
The Trenton City Council has arranged financing for the city share of the costs related to replacement of the 17th Street Bridge. The council last night gave unanimous approval to an ordinance on a lease purchase transaction. A ten-year loan has been set up with the Security Bank of Kansas City as the trustee. The principal […]
Sunnyview Nursing Home and Apartments has entered into an Energy Performance Contract with Energy Solutions Professionals of Overland Park, Kansas. Sunnyview states the contract will result in $215,000 in infrastructure upgrades and that Sunnyview is guaranteed to save more than $32,800 annually in energy and operational costs after energy-saving improvements are made to the facility […]
