Market Commentary

28 May 2020
Greg Johnson

Downward trend on yields continues; Inquiries from rating agencies about COVI9-19

The news continues to be positive regarding municipal bond yields over the past two weeks. All major rating agencies are making additional inquiries regarding the impact of COVID-19 on the immediate and long-term fiscal health of local governments.
14 May 2020
Joel Sutter

Financial Impact of COVID-19 Pandemic Still Unfolding

There is still a lot of uncertainty about the long-term impact of the COVID-19 pandemic, but some details are beginning to emerge, including a precedent-setting monthly jobs report and preliminary budget updates from several states.
30 Apr 2020
Melissa Buck

The Post-COVID-19 World

As we start to emerge from lockdowns, how different will the post-COVID-19 world look?
16 Apr 2020
Jonathan Schatz

Economic Update

During this period of uncertainty, Ehlers is committed to keeping our readers up to date by providing as much relevant information as possible via our Market Commentary. Similar to last week, this update covers broader economic signals and municipal market trends as they continue to develop.

Press Releases

13 Feb 2020

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.
4 Oct 2019

Wilkie named to
Women in Public Finance
Board

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.
3 Jun 2019

Ehlers Welcomes
Jerry Dudzik

Ehlers announced today that Senior Municipal Advisor Jerry Dudzik joined the firm’s Education Finance Team.  Jerry brings more than 20 years’ experience as a Wisconsin school business official to his role with Ehlers.

In the News

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.
Wisconsin Dells Events

Lake Delton village board votes in favor of $35 million in bonds

Sean Lentz, a senior municipal advisor from Ehlers, presented the bond proposal to the board, which was met with unanimous approval. According to Lentz, the final proposal pitched a total of $35,910,000 for the village’s bonds, with an expected closing date of April 29. Lentz will appear before the board again on April 13 to discuss awarding the sale of the bonds when bids are available to choose from.
Park Rapids Enterprise

Park Rapids Schools explore facility improvement options with help from Ehlers’ school finance team

Bringing Park Rapids school facilities up to snuff will come at a cost – but, according to a project development consultant, a cost that local taxpayers might deem reasonable.

Client Alerts

11 May 2020

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.

Events

April 3, 2020
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.
February 20-21, 2020
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.