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FIRST MIDSTATE INCORPORATED
306 North Main Street
Suite 3
Bloomington, Illinois 61701

P: 309.829.3311
F: 309.827.2171

E-mail Us
OUR SERVICES

Full Spectrum of Services
First Midstate Incorporated offers its clients a wide spectrum of public finance services. We recognize that the staff at most units of local government are stretched to the limits already and have a limited amount of time to devote to financing projects. Some of our services include:


  • Complete a debt analysis of all municipal debt presently outstanding for the issuer and a comprehensive analysis of various potential maturity schedules required to service principal and interest payments ofany potential Bond Issue. Discuss maturity schedule and other bond forms and structures. Review potential legally available financing alternatives.
  • Assist disclosure counsel with preparation of the Official Statement (including summary of financial, industrial, and demographic information as well as a profile of the community).
  • Recommend possible dates of sale in line with market conditions, legal necessities and project requirements.
  • Cooperate and coordinate the project with the issuer’s attorneys, staff, and with recognized Bond and Disclosure Counsel. Arrange to obtain Moody’s and/or Standard and Poor’s rating and/or Municipal Bond Insurance.
  • Act as Underwriters in the marketing of the Bonds.
  • Coordinate Bond printing, document distribution and Bond closing.
  • Provide overlapping debt information, as needed, to the issuer’s staff members for use in annual reports and budgeting.
  • Prepare annual review items for ratings services and/or continuing disclosure on an as needed basis upon the direction of the issuer.



The scope of our service extends well beyond any single project. We regularly communicate with our clients on current issues in public finance including potential legal, legislative and tax law changes that may impact a particular unit of local government.

If you have more questions or need more information, please contact us.


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© Copyright 2018 First Midstate Incorporated
306 North Main St., Suite 3, P.O. Box 3367 Bloomington, Illinois 61702-3367



Investments and services are offered through First Midstate Inc. member FINRA and SIPC.


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