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NPAIT offers Participants a wide array of convenient banking and cash management options for public funds:
Money management goes beyond picking investment products. We believe improving Participants’ overall investment plan is the smartest way to impact and improve returns. At NPAIT, this process begins with a thorough understanding of cash flows and is carried out through our Cash Flow Management Program, via PMA Financial Network, LLC, which analyzes large fields of data and capitalizes on the newfound insight.
The Cash Flow Management Program gives NPAIT Participants a complete and accurate picture of their cash flow so they can put their money to work sooner and longer.
There is more to money management than simply shopping for investments. An accurate cash flow plan allows a client to build an investment schedule that capitalizes on the yield curve benefits of longer-term investing. Our cash flow analysis helps Participants meet liabilities with a maturity, invest longer to take advantage of higher rates, plan for cash shortfalls, and identify long-term investment potential and maximize interest income. Our cash flow analysis is free of charge for NPAIT Participants.
The result of PTMA’s comprehensive historical analysis of a Participant’s financial statements is a daily cash flow plan. This plan maps out such items as payroll dates and amounts, debt schedules and state aid payments, and a range of additional variables. PTMA then builds an optimized investment schedule that:
Not only does PTMA put Participant’s money to work for the long-term, our competitive bid program seeks to secure the best rate possible. This is accomplished by competitively bidding investments across our expansive network of banks and securities dealers on behalf of each public entity. A single call to the NPAIT service team gives investors efficient access to a robust institutional network of financial institutions.
Offered through the NPAIT program, Bond Proceeds Management Program (BPM), via PMA Securities, LLC, is a comprehensive service that helps Participants establish a reliable and sufficient flow of funds, optimize investment earnings, and adequately cover projected expenses. Additionally, BPM helps public entities reap significant benefits in the critical areas of investment, arbitrage and reporting.
Tax exempt debt issuers are subject to a long list of Internal Revenue Service (IRS) requirements that dictate how and when they can use their bond proceeds. Through BPM these obligations are fulfilled with as little hassle as possible.
BPM assists public entities in reaping significant benefits in the critical areas of investment, arbitrage and reporting.
We help bring a public entity’s construction project to life through a comprehensive investment and arbitrage management program that assists in maximizing interest earnings while complying with arbitrage and IRS regulations, existing policies, as well as state and federal statutes.
Our specialized monthly reports provide: