Municipal Advisory

As a Municipal Advisor, PW&Co provides a variety of specialized public finance, financial advisory and consulting services to state and local governments and not-for-profit institutions. Porter White has the resources, intellectual capacity, and experience to provide complex financial advisory services to clients in the public sector.

Municipal Advisory Services

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Debt Management
  • Refunding analysis
  • Analysis of outstanding debt
  • Swap advisory
  • Development of an optimal debt issue
  • Issuer representation going forward
Financial Planning
  • Multi-year financial plans and models
  • Cash flow analysis
  • Pro forma projections for new projects
  • Rate studies
Economic Development
  • Economic Analysis
  • Fiscal and economic impact studies
  • Tax revenue projections
  • Policy development
Project Management
  • Project coordination and planning
  • Feasibility studies
  • Public private partnerships (P3)
Investment Advisory
  • Asset / liability management
  • Investment policy statements
  • Escrow structuring and pricing
  • Investment implementation
Compliance and Ongoing Support
  • Continuing disclosure compliance (15c2-12)
  • Rating agency presentations and communication
  • Arbitrage rebate calculations and planning
  • Oversight of compliance with indenture and regulations

Public Sectors Served

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Education
  • Higher education
  • Professional schools
  • School systems
  • Private schools
  • Early learning centers
Healthcare
  • Hospitals
  • Rehabilitation facilities
  • Senior living facilities
  • Private schools
  • Group practice facilities
Tourism
  • Hotels
  • Convention centers
  • Civic centers
  • Entertainment districts
Nonprofits
  • Scientific
  • Educational
  • Community
Environmental Services
  • Water systems
  • Energy systems
  • Waste-to-Energy facilities
  • Renewable energy
Government Agencies
  • Cities
  • Counties
  • State agencies
Transportation
  • Airports
  • Parking

Municipal Advisory Team

Jim White

Jim White

Chairman

Goodloe White, CFA

Goodloe White, CFA

President

Michael Stone, CFA, AM

Michael Stone, CFA, AM

Vice President

Municipal Advisory Insights

Municipal Market Update - May 2020

The one-year tax-exempt AAA rates hit an all-time low in May, declining from a peak of 2.51% in March to...

Municipal Market Update - April 2020

The municipal market remained especially volatile during April from significant uncertainty regarding COVID-19. Treasury rates have continued to stay almost...

Municipal Market Update - March 2020

On March 3, 2020 the Fed cut the overnight target rate by 0.50%. Uncertainty surrounding COVID-19 continues to create strong...