Is “Muni” a Scrabble word?

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Yes
MUNI
Valid in at least one Scrabble dictionary

Valid in these dictionaries

SOWPODS / CSW
Scrabble UK & International
Valid
TWL / NWL
Scrabble North America
Valid
Large English Dictionary
General English word list
Invalid

Meaning of Muni

noun
  1. 1.A municipal bond.

    I invested half of my savings in a muni fund.

  2. 2.A facility operated by a municipal government, such as a golf course or train line.

    We usually play at a muni.

  3. 3.The municipal government / municipality