Andrew Kalotay Associates has helped lead a charge to introduce more sophisticated and accurate financial analyses to the municipal bond market – a movement that holds the promise of bringing new transparency and credibility to the public sector’s balance sheets, and will help elected leaders make wise choices as they confront an era where limits on governmental resources mean not all worthy ideas can be funded. The Advance Refunding Calculator Andy’s team built and shared with The Bond Buyer’s readers is a great example of a simple-to-use tool that can shed new light on arcane financial decisions and lead to better decision-making.

Michael Stanton
Publisher, The Bond Buyer