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Our Mission Statement The purpose of the Municipal Advisory Council of Texas is to promote effective and efficient investment banking, underwriting, trading and sales of municipal debt by collecting, maintaining and distributing information relating to issuing entities.

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Our Mission Statement The purpose of the Municipal Advisory Council of Texas is

to promote effective and efficient investment banking, underwriting, trading and sales of municipal debt by collecting, maintaining and distributing information

relating to issuing entities.

Who is the Texas MAC? • The Municipal Advisory Council of Texas (“Texas MAC”) was created in 1954 • Non-profit trade association of broker dealers and investment bankers and

financial advisors • Prepare over 4,800 reports on municipal entities in the State of Texas with

outstanding debt • Created to provide continuing disclosure for Texas debt in the primary and

secondary markets

What does Texas MAC Collect? • Official Statements • Annual Financial Reports & CAFRs • Disclosure Filings • Material Event Notices • Database of Issuer Information • Database of Bond Information • Ratings

TEXAS MUNICIPAL

REPORTS “TMR”

www.mactexas.com

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