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Germantown committee recommends Baird as municipal advisor and approves PMA investment contract
Summary
After reviewing three municipal advisor finalists, the committee recommended Baird (top score 94.2) to the village board and approved a five-year investment advisory contract with PMA Asset Management LLC; the committee also amended the village investment policy to reflect reporting to GGF and to add PMA.
The General Government Finance Committee recommended two changes to how Germantown manages its public finances: selecting Baird as the village's municipal advisor and approving an investment advisory contract with PMA Asset Management LLC.
Staff described a competitive interview process that scored three firms: Baird (94.2 points),…
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