Which of the following is a duty of municipal advisors?

The role of municipal advisors is primarily to provide financial advice to municipalities. This includes offering guidance on various financial matters such as bond issuance, financial planning, and investment strategies specifically tailored to the needs of local government entities. Municipal advisors are not involved in the execution of bond sales or the management of government budgets; instead, their expertise lies in advising municipalities on the best financial practices and strategies to meet their fiscal needs and goals.

While managing government budgets and investing in private equity are important aspects of municipal finance, these tasks fall outside the defined responsibilities of municipal advisors. Their focus is on ensuring that municipalities make informed financial decisions that comply with applicable regulations and serve the best interests of their communities. The role is crucial in promoting financial sustainability and accountability within local governments.