Insights

As school districts across the state look to bridge budgeting gaps and cash flow challenges, many are turning to Tax Anticipation Notes (TANs) to cover operational needs ahead of the new budget year. These short-term financing tools can be an effective solution to bridge the gap between now and the arrival of tax revenues in … Continued

Artificial intelligence (AI), or machine learning, is rapidly transforming industries across the globe — and public sector finance is no exception. For counties, cities, municipalities, and other public entities, AI presents a powerful opportunity to enhance the management of public funds, streamline treasury operations, and improve investment outcomes. As stewards of taxpayer dollars, public finance … Continued

Recent news about potential privatization of Fannie Mae and Freddie Mac – two cornerstone institutions in the U.S. housing finance system – have sparked interest across markets. As fixed-income investors, you may be wondering what this could mean for your portfolios and the broader market. Below, we provide a brief overview and initial thoughts, with … Continued

Too many times the terms “custody” and “safekeeping” are used interchangeably, these services differ significantly. Local government investors should understand these distinctions and select the service level that best meets their needs. As we know, the priority for government investment management is the safety of public funds. A critical safeguard against fraud is the separation … Continued

On September 18th, 2024, the Federal Reserve lowered rates by 50 basis points. This was a long-anticipated move the markets had desperately sought. This has a material impact on prudent positioning of liquidity investments given further rate cuts may also ensue. We will share insightful tips on how to most optimally invest in a falling … Continued