Welcome to the NFMA!

Next Up: NFMA Advanced Seminar on Critical Infrastructure for Water/Sewer & Public Power Issuers

Registration is open for the NFMA's Advanced Seminar on Critical Infrastructure for Water/Sewer & Public Power Issuers taking place January 30 & 31, 2025 at the Renaissance Birmingham Ross Bridge Resort & Spa, Birmingham, Alabama. 

Planned sessions/topics include:

  • Keynote Address by Sunny Wescott, Chief Meteorologist, Department of Homeland Security
  • Fireside Chat with Jefferson County (tentative) 
  • Public Power C-Suite Roundtable
  • Planning & Financing for Resiliency: Challenges Facing Water & Sewer Utilities
  • Rate Affordability & Optimization 
  • Data Center Growth Offers Opportunities & Challenges for Power Utilities 
  • Scrum: Water/Sewer & Public Power
  • Prepaid Gas Bonds: Evolving Structure & Significant Growth
  • Water System Upgrades & Climate Stress on Neglected Infrastructure
  • Renewable Energy: Deal Structure, Financing, & Development Challenges

Click here to see the program. Click here to register. Anyone interested in attending should take note that the room block closes on January 8. 

NFMA Comments on FDTA

On October 21, 2024, the NFMA submitted comments to the SEC on the proposed rule, FDTA, the Financial Data Transparency Act Joint Data Standards. To read the NFMA's comment letter, click here. To view the comment letters from other industry stakeholders, go to SEC.gov and/or the Federal Register. 

NFMA Releases Final SRF Paper

The Disclosure Committee is pleased to announce that it has released the final version of the Best Practices in Disclosure for State Revolving Fund Revenue Bonds. Click here for the press release. Click here to read the paper. 

Educational Programs

Traditionally, the NFMA has held an Annual Conference each spring. The conference provides members with the opportunity to hear presentations, to meet with members of other Constituent Societies of the NFMA, and to contribute their efforts to the overall advancement of the NFMA. At the conference, the NFMA presents awards to individuals and organizations for extraordinary contributions to municipal analysis. For a list of past award recipients, click here.

The NFMA has also presented its Introduction to Municipal Bond Credit Analysis each fall, covering a wide range of topics/sectors geared to the needs of new analysts.  Advanced Seminars each fall and winter cover in-depth current topics of importance to the industry for seasoned analysts.

Constituent Societies hold educational events for members. Many of these events are open to members of other societies within the NFMA, and are posted on the NFMA's Event Calendar.

Are you a New NFMA member, or would you like to be?

The NFMA's New Member Advancement Committee (NMA) has programs designed to assist analysts who are newer to the field with career advancement and training. To learn more about NMA, click here.  If you have not yet joined the NFMA, click here for the Membership Application.

 NFMA's Diversity, Equity & Inclusion Initiatives

The DEI Committee began work in 2021 on initiatives to promote Diversity, Equity & Inclusion in the NFMA. The first priority was to propose a new mission statement to be incorporated into the NFMA constitution. Effective December 27, 2021, the NFMA's constitution was amended with the new mission statement. To read the current NFMA constitution, click here.

In the fall of 2022, the NFMA initiated a survey on Diversity, Equity & Inclusion. Outreach for survey participation was made to all NFMA members as well as to various groups in the industry. A report on the survey may be accessed by clicking here. The NFMA DEI Committee is currently evaluating next steps. One such step may be a webinar discussion of the survey results with the opportunity for members to ask questions and/or provide feedback. 

For a better understanding of the goals of the DEI Committee, watch this short report by Anne Ross, 2021 NFMA Chair, Neene Jenkins and Nicole Byrd, Co-Chairs of the DEI Committee. For more information about the NFMA's DEI initiatives click here.

Market Advocacy

The NFMA has been a strong advocate of improved disclosure in the municipal market since its inception. Throughout its history, the NFMA has issued recommended best practices, white papers, comment letters and position statements on relevant topics in the municipal market. To view NFMA papers, go to Resources.

Job & Internship Banks

The NFMA maintains a job bank for its members and an internship bank for students. Employers may submit job and/or internship postings via this link: Job Bank Submissions