Highlighting the Start of a New Year
With the official start of the 117th Congress this week, we highlight some of the legislative proposals in the area of public finance that may be revisited and how they can impact issuers.
Shelby McQuay
Overview of New Year Expectations
A preview of state government budget discussions while consumers weigh in on the outlook and economists predict the Federal Reserve's direction in the upcoming year.
Melissa Buck
The Next Administration
On Monday, President-Elect Joe Biden announced former Federal Reserve Chair, Janet Yellen, will be his pick for the next Secretary of the Treasury. If confirmed, Yellen would be the first female to take the job.
Jonathan Schatz
Post-Election Market Overview
We salute our veterans as markets pause this week in recognition of Veteran's Day. In this edition of Ehlers Market Commentary we discuss post-election implications and reflect on news of a potential COVID-19 vaccine.
Ehlers Named Top 150 Workplace
Ehlers was named to Minneapolis Star Tribune's list of Top 150 Workplaces for 2020. It was the first year the firm participated in the program.
Ehlers Surpasses
$1 Billion in AUM
Late last week, Ehlers' Investment Advisory service line surpassed $1 billion in assets under management (AUM), a major milestone for the company's 13-year old business unit.
Wilkie named to
Senior Disclosure Coordinator Emily Wilkie was named to serve a three-year term on the Board of Directors for the Minnesota Chapter of Women in Public Finance.
Minnesota Association of School Administrators (MASA)
Dr. Jeffrey Olson Receives MASA Polaris Leadership Award Sponsored by Ehlers
MASA is grateful to Ehlers for our ongoing support of the Polaris Award. Check out MASA's press release on this year's recipient.
The Municipality: Your Voice. Your Wisconsin
COVID-19 & Maintaining Fiscal Stability
Ehlers' Financial Specialist Jonathan Schatz discusses how Wisconsin Municipalities can maintain financial stability while facing the challenges posed by the COVID-19 Pandemic. Read the article on Page 8.
Country News Review
Ehlers' Jessica Cook Updates North Branch City Council on Utility Rate Studies
Well managed utility funds were the topic of discussion during the city of North Branch's work session on March 17, along with a presentation of the city's Utility Fee Study by Ehlers. Jessica Cook, Economic Development Advisor with Ehlers Inc. provided council with the update. "I have the pleasure of sharing some good news with you this evening, especially in the difficult time it's nice to have, as it relates to the storm water fund and the sewer fund," Cook began.
Sun This Week
MN School District 196 Approves Financing Bids For New Artificial Turf Fields
Ehlers' client, the Rosemount-Apple Valley-Eagan School District, approved financing and awarded bids April 13 for construction of artificial turf fields at Eagan and Rosemount high schools. Jodie Zesbaugh, Ehlers' Senior Municipal Advisor serving the district, detailed the positive sale results for the District's School Board.
SEC Guidance – Disclosures Regarding the Potential Financial Impacts of COVID-19
As your disclosure dissemination agent, we want to make you aware of an important public statement the Securities and Exchange Commission (SEC) released last week. In it, SEC Chair Jay Clayton and Rebecca Olsen, Director of the Office of Municipal Securities, stressed the heightened importance of disseminating timely disclosures to investors due to the potential financial impacts of COVID-19, as well as encouraging municipal issuers to voluntarily provide meaningful forward-looking information with respect to both issuer and issue-specific implications of the pandemic.
View Alert
Doubletree by Hilton Minneapolis - University
Ehlers' School Finance Seminar – Cancelled
Calling all Minnesota School Districts: It's time to focus in on building outstanding learning communities across our great state. From referendum planning to business management best practices and financing capital projects, our Municipal Advisors and guest speakers will give you the tools you need to develop a clear vision for your district.
Kalahari Resort & Convention Center
WI Public Finance Seminar
Join public finance and community development professionals from across the state as we explore the fundamentals and nuances of Tax Increment Financing, Bond Issuance and Debt Management, and Economic Development & Redevelopment.