Municipal Alt Data

Quant & Fundamental

You see the revenue before quarterly reports

When Grainger ships to Geneva, Illinois, it shows up in their check register weeks before it shows up in quarterly earnings. I built a system that reads municipal payment records daily across 2,500+ municipalities and resolves vendor names to 128 public company tickers. You see the transaction before it becomes an earnings surprise.

Company footprint signal

Geneva, IL: One Town's Check Register, 15 Public Company Tickers

9 years of bi-weekly payment data from a single municipality. Vendor-to-ticker resolution reveals revenue timing for GWW, TYL, WM, CMCSA, and 11 others. Every citation links to a public document.

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128 Public tickers
319K Signal-ticker pairs
2,500+ Municipalities
Daily Updates

Two signal layers

Check registers and AP data. Direct vendor payments from municipal governments, entity-resolved to public tickers with amounts, dates, and categories. If a town is paying a company, that's revenue. Bottom-up, from the actual transaction.

Building permits. 43,000+ structured permit records showing which contractors are winning work and where construction is accelerating. Permits lead earnings by 3-6 months. Combined with payment data, you see both current revenue and the pipeline.

Quantitative funds Non-consensus revenue signals from primary public records, structured for systematic strategies.
Fundamental analysts Primary-source data on government contractor exposure at the transaction level.
Alt data platforms A new municipal dataset for distribution to hedge fund and asset manager clients.
Credit analysts Municipal fiscal health indicators derived from spending patterns and payment velocity.

Sample signals

50 redacted entity-resolved signals showing the data structure: municipality, vendor, ticker, priority, and date.

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See what your tickers look like in municipal data

Tell me which tickers or sectors you cover and I'll show you what I can see before it hits your current sources.

Book a 15-minute data review or matt@municipalalpha.com