THE OHIO MUNICIPAL ADVISORY COUNCIL

 


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, information vendors, and national financial press organizations.

OMAC Products and Services

OMAC Calendar - Each week, OMAC compiles and mails or electronically transmits to its membership, a calendar of upcoming bond and note sales, and the results of the previous week's sales.OMAC remains the only sources for such a complete and comprehensive listing of upcoming sales.

OMAC Research Reports - Each week, OMAC mails or electronically transmits to its membership, extensive researches report on all bond and note issues scheduled to be sold publicly in Ohio in the subsequent two-week period. In addition to containing all of the bidding particulars, the OMAC research reports also contain all relevant financial, economic and demographic information on the issuer; both current and historical.

OMAC Annual Publications - OMAC provides a variety of useful information to its membership.Annual publications include the following:

  • Bonded Debt Schedule - Includes maturity schedules, call features, interest rates, purpose, debt and tax type, and certain other information.
  • Public Utility Revenue Report - Includes income and expenses statements, coverage, and debt service and debt service reserve fund balances.
  • 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.
  • 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 all debt, and the assessed value of each subdivision.

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ofin is that portion of OMAC’s extensive database available to subscribing OMAC members and all Ohio’s 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 almost all of Ohio’s political subdivisions:

·        Net debt and net overlapping debt;

·        Debt limitation schedules;

·        Property tax collections and rates;

·        Assessed valuations, including real estate analysis;

·        Census information (population and housing);

·        Largest employers;

·        Unemployment statistics;

·        Principal and interest repayment schedules;

·        Enterprise utility fund information; and

·        Election results coverage.

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 opinion for each outstanding note issued by each Ohio political subdivision.

· Election Reports—lists ballot questions for bond issues and property, income and sales tax levies appearing at the four scheduled Ohio statewide elections and any special elections.Published both prior to and immediately following each election.

· OMAC Rankings—reports ranking purchasers of Ohio tax-exempt debt as to the number of issues purchased and the total volume purchased.Updated quarterly with final reports issued at year-end.

 

For information regarding OMAC Dues, click here.

To apply for OMAC membership call us at (800) 969-6622.

 

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