Market Commentary

5 Aug 2020
Greg Johnson

Second Quarter Data Shows Initial COVID-19 Impact

The U.S. Bureau of Economic Analysis (BEA) released the first estimate for Gross Domestic Product (GDP) for the second quarter late last week. GDP decreased at an annual rate of 32.9% in the second quarter. Economists surveyed predicted an even greater ...
23 Jul 2020
Joel Sutter

U.S. Stock Markets Stable, But Economic Worries Abound

Although the U.S. stock market has been remarkably stable in recent weeks, there are concerns about the impact of the COVID-19 pandemic on the U.S. and world economies. Yields on municipal bonds have declined to historically low levels, and the Municipal Securities Rulemaking Board recently released a research report regarding competitive bidding for municipal securities.
13 Jul 2020
Melissa Buck

Investors Return to Muni Market Amid Continued Economic Fallout from COVID-19

Coming into the third quarter of 2020, the pandemic is still with us, and the Southern and Western U.S. are both experiencing a resurgence of the virus. On a positive note, municipal yields have returned to pre-pandemic levels and have remained steady these past few weeks.
25 Jun 2020
Jonathan Schatz

Market Overview

The Fed releases their Monetary Policy Report with early reflections on COVID-19 impacts. Municipal yields remain flat with increasing new issue volume. Municipalities across the country are re-evaluating their capital spending against the new economic backdrop.

Press Releases

29 Jun 2020

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.
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.

In the News

The Municipality: You 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.
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.

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.