Current News
April 2026
SD FIT Newsletter
Supply Shock Drives Up Oil and Gas Prices
The closing of the Strait of Hormuz has removed roughly 20 million barrels per day of crude and refined oil products from global trade. This supply shock has increased oil prices sharply to over $100 per barrel with gas prices also rising above $4.00 per gallon nationwide ahead of the summer travel season. This initial increase is likely to create near-term price pressure as higher transportation and electricity costs flow through supply chains into other goods and services. Continue Reading…
February 2025
Press Release
PTMA Financial Solutions, LLC & SD FIT Welcome Sheila Coss as Relationship Manager
PTMA, a premier full-service provider of financial and advisory services to local governments, is pleased to announce that Sheila Coss has joined the South Dakota Public Funds Investment Trust (SD FIT) team as Relationship Manager. Prior to joining PMA, Coss served as the Finance Officer of the City of Miller, South Dakota. During her 11-year tenure with the City, she received the South Dakota Finance Officer of the Year award. Continue Reading…