Municipal Advisory Council Of Texas

Texas bond reporter - the mac publishes the texas bond reporter, a weekly magazine that provides the upcoming weeks competitive and negotiated sale calendar, scheduled bond elections, material event notices, and other timely issuer updates. The texas bond reporter qualifies as a financial journal published in the state for purposes of laws and bond covenants requiring publication of notices. The mac publishes issuer notices without charge.

Service to state agencies - mac supplies information regarding texas municipal debt issuers to several state agencies for use in related programs - the texas water development board, which runs a state bond bank to finance water resource and cleanwater projects by purchasing local government debt issued for that purpose; the texas education agency, which manages a financial guaranty program for school district debt backed by the states permanent school fund (psf); and the texas public finance authority, which provides financing for the construction or acquisition of facilities for state agencies.