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Request to appear before the Municipal Finance Oversight Board

Local governments can follow these steps to submit their application to appear before the Municipal Finance Oversight Board.

Hilary Hershman, Legal Counsel, Division of Local Mandates

The Details of Request to appear before the Municipal Finance Oversight Board

What you need for Request to appear before the Municipal Finance Oversight Board

Before submitting a request to appear before the Municipal Finance Oversight Board (MFOB), we encourage you to call Hilary Hershman (857-242-5424), who coordinates the activities of the board. During your conversation, she will provide you with additional information on your request and inform you of the date and time of the next meeting of the board. 

When submitting your state qualified bond authorization application, you must provide an electronic copy of the following items for the local government entity you represent:

  1. A written request for a hearing
     
  2. A cover letter explaining need for approval
     
  3. Completed Qualified Bond Questionnaire (see Downloads section below)
     
  4. A certified copy (sealed by clerk) of the article(s) and vote(s) of the town meeting, city council, district vote (including members’ votes or certifications that no meetings were held).  Also, send any special election, override or exemption votes.
     
  5. Copy of credit report(s)
     
  6. Copy of most recent official statement
     
  7. Debt schedule
     
  8. Coverage analysis
     
  9. Motion from bond counsel
     
  10. Useful life certificate(s) (if applicable)
     
  11. List of any federal grant(s) (if requesting to borrow in anticipation of federal grant(s))

(Please note that the documents required for debt limit or emergency borrowing applications are slightly different. A list of required documents for these applications can be found in the downloads section below.)

All documents must be submitted at least 8 business days before the scheduled MFOB meeting.

How to request Request to appear before the Municipal Finance Oversight Board

You can send your application and other required documentation via email to: hilary.hershman@sao.state.ma.us.

You can send your application and other required documentation by mail to:

Hilary Hershman
Municipal Finance Oversight Board
Office of the State Auditor

One Winter Street, 9th Floor
Boston, MA 02108

Telephone number:  857-242-5424

More info for Request to appear before the Municipal Finance Oversight Board

After you have provided your information, the staff of the MFOB will reach out to you to discuss any additional information that is needed and to confirm the date of the next meeting when the MFOB can hear your request. 

The board may request that specific members of your entity's staff who have relevant expertise attend the meeting in which the request is heard.

Downloads for Request to appear before the Municipal Finance Oversight Board

Contact for Request to appear before the Municipal Finance Oversight Board

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