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arbitrage rebate calculations


Arbitrage Rebate and Yield Restriction

At Willdan, arbitrage rebate reporting is a core service. We allocate resources and assign arbitrage rebate calculations to the best qualified employee - not the one with the lowest hourly rate. We provide our clients with accurate and timely arbitrage computations in a "user friendly" format that has proven to meet the long-term requirements of the arbitrage regulations.

Willdan Financial Services has been preparing arbitrage rebate reports since the passage of the Tax Reform Act of 1986. We understand the long-term responsibility you have to maintain compliance with restrictions imposed on tax-exempt debt and we have customized our consulting service to meet those needs.

Document Retention

Maintaining transactional documentation in a retrievable form for 20 to 30 years can be a costly proposition. At Willdan we work with your Trustee and other staff to create a reliable warehousing system that can be frequently updated to accommodate changing technology.

Compliance Management System

Willdan Financial Services offers all clients free access to a secure online Compliance Management System designed to provide an ecological and expeditious way to manage the flow of bonded debt information. Agencies contracting for our arbitrage rebate service receive unlimited access to online arbitrage reports, investment results, and a tickler system for tracking upcoming compliance dates.

Policy and Procedure Support

Adequately monitoring municipal bonds for post issuance compliance requires keen awareness of regulatory interpretation and enforcement actions as well as thorough understanding of the interplay between the IRS and SEC.

At Willdan, we have leveraged our knowledge of arbitrage rebate and continuing disclosure reporting to create a post issuance compliance program that integrates administrative policy with long term procedural controls and addresses the issues important to both regulators and the municipal securities market.