September 2023 Quarterly Newsletter

Talent Show! Employee Transition Planning Amid Workforce Shortage

With a shortage of skilled, knowledgeable workers and an unprecedented wave of staff departures, local governments are finding it increasingly difficult to plan for staff transitions. Annual quit rates in the public sector workforce have increased from 6.1% in 2010 to 11.7% in 2020.

Wisconsin’s Expenditure Restraint Program & The Impact of Act 12

The Expenditure Restraint Program (ERP) provides aid to Wisconsin communities that limit their spending growth. The ERP payment is in addition to the shared revenue payments made under the county and municipal aid program. How does Act 12 impact it?

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Minnesota Property Taxes: 2023 Legislation To Reduce 2025 Tax Base

Minnesota’s complex property tax system was revisited in the last legislative session with the goal of making affordable housing more affordable and reducing property tax burdens for homeowners and farmers.

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September Market Commentary: The Real Deal

In the world of finance, it’s common to hear the phrase “a dollar today is worth more than a dollar tomorrow.” If you want one dollar at a certain time in the future, you will need some fraction of that dollar today…

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Arbitrage 2.0: Strategies For The Spread

Given that market conditions have increased the likelihood of earning arbitrage, we’ve shifted our gaze to also include the debt side of the formula, most specifically with longer-duration construction projects (think school buildings, public works and treatment facilities, administrative buildings, etc).

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No Texting: Ehlers’ Electronic Communication Policy

As a regulated entity under both the Securities and Exchange Commission (SEC) and Municipal Securities Rulemaking Board (MSRB), Ehlers is bound by specific rules relative to recordkeeping for all business-related written communications between our employees and client contacts. Given the increased scrutiny the SEC is placing on the use of off-channel communications, we’d like to reiterate our Electronic Communication Policy. Please take a moment to read.

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Have questions or need more info?

Call 800-222-4545 or e-mail info@ehlers.com.

About Ehlers

A pioneer and regional leader in municipal advisory services since 1955, Ehlers helps clients build strong, vibrant and sustainable communities by delivering independent, integrated advice across all areas of public finance. We work with more than 1,500 local governments, schools, and public agencies across five states; placing our clients’ needs and best interests at the center of everything we do.