The Ohio Municipal Advisory Council
The Ohio Municipal Advisory Council (OMAC) is a nonprofit corporation created in
1931 to provide municipal market professionals with statistical information
relating to Ohio municipal issuers and their securities. Organizations
that utilize OMAC products and services include broker-dealers, bond attorneys,
banks, financial institutions, nationally recognized municipal rating agencies,
municipal advisors, and Ohio State agencies and local governments.
OMAC Products and Services
OMAC Calendar - OMAC compiles a calendar of upcoming bond and note sales and
the results of previous sales. OMAC
remains a vital source for a complete and comprehensive listing of
upcoming sales.
OMAC Research Reports - OMAC provides it's membership access
to extensive research reports on all bond and note issues
scheduled to be sold competitively in Ohio.
In addition to containing all of the
bidding particulars, the OMAC research reports also contain all relevant
financial, economic and demographic information about the issuer; both current and
historical.
OMAC Annual Publications - OMAC makes available a variety of annual publications
that include the following:
-
Bonded Debt Schedule
- Includes maturity schedules, call features, interest rates, purpose, debt and
tax type, and certain other information on all outstanding bond issues in Ohio.
This publication includes five digital reports comprised of the following categories:
-
State, County, Municipal, Township, Miscellaneous District, and State University
-
School District
-
Industrial Development
-
Hospital/Health Care
-
Housing
-
Compendium of Municipal Debt - A statement of each subdivision’s
indebtedness, listed according to category of debt (revenue, utility, general
obligation, or special assessments). It
also includes population, net overlapping debt, and the assessed value of each
subdivision.
-
Hospital Revenue Report
- Includes income and expenses statements, coverage, debt service and debt
service reserve fund balances, and call features, including mandatory sinking
fund requirements.
-
Public Utility Revenue Report
- Includes income and expenses statements, coverage, and debt service and debt
service reserve fund balances on all municipally owned and operated utilities.
OMAC's Financial Information Network (ofin)
ofin is that portion of OMAC’s extensive database available to
subscribing OMAC members and Ohio governmental issuers of debt, including
the State of Ohio. Contained in this
database are most of the research reports OMAC has published since 1985, where
the security remains outstanding; and the following information on Ohio's political subdivisions:
·
Net debt and net overlapping debt listing;
·
Direct debt and indirect 10 mill limitation schedules;
·
Property tax collections and rates;
·
Assessed valuations, including real estate analysis;
·
Census information (population, income and housing);
·
Highest current taxpayers;
·
Principal and interest schedules;
·
Enterprise utility fund information;
·
Election results;
·
Bond and note issue listing; and
·
Income and sales tax information.
Special Reports - In addition to those items identified above, OMAC also
provides the following special products and services:
·
Note Listing – includes
dated date, maturity date, amount outstanding, debt and tax type, purpose and
approving legal opinions for outstanding notes issued by Ohio political
subdivisions.
·
Election Reports –
a pre and post election report listing ballot questions and results for bond
issues and property tax, income tax and sales tax levies
appearing at the four scheduled Ohio statewide elections and any special
elections.
·
OMAC Rankings – quarterly
reports ranking purchasers of Ohio tax-exempt debt as to the number of issues purchased
and the total volume purchased.
For information regarding OMAC Dues, click
here.
To apply for OMAC membership call us at (800) 969-6622.
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