How We Serve Local & State Governments

We help governments identify risks and opportunities within their organizations and provides strategies to improve operations resulting in bottom-line gains and constituency satisfaction.

Bright Bay Advisors has the advantage of both:


a nationwide view of similar organizations and experiences at all levels of government


the ability to zero in on specific issues relating to particular issuers and credits

In the past, we've helped organizations to realign operations, to review legal obligations and to recommend options for improvements to meet organizational goals more efficiently and effectively.

As a result of this double-focused perspective, we can identify and help implement government performance improvement projects, such as:

  • Assistance with debt covenant compliance calculations for disclosure.

  • Improved disclosure compliance under SEC Rule 15c2-12.

  • Proper and efficient internal document management.

  • Preparation of presentations to ratings agencies, creditors and investors at the time of debt issuance and over the life of the debt to maintain an open and beneficial relationship with such organizations.

  • Identification of best practices for various operational and management processes.

  • Assurance of proper risk management policies and compliance.

  • Strategic performance improvement, including:

    • Setting financial goals and developing strategies in financial planning.

    • Operational improvements to minimize effort/costs and improve accuracy, including improved revenue collection.

    • Expense reduction through improved use of technology to reduce costs, optimize space use, improve management of assets and/or disposition of assets.

    • Strategic planning of long term goals, resources and obligations and identifying a path to goal attainment.

  • Review of the organizational goals and how these can be met most efficiently and effectively.