In going beyond the traditional role related to debt issuance, Davenport offers our clients value added services that encompass the following:

• Multi-year Strategic Financial Planning – Assistance with the development of multi-year capital improvement plans, optimization of various funding sources and compliance with adopted financial policy guidelines.

• Comprehensive Debt Management – Development of comprehensive tax supported and enterprise fund debt models and projections based on anticipated CIP needs.

• Funding Option Analysis – Evaluation of the optimal funding source which may include tax-exempt, taxable, Build America Bonds or other funding opportunities available to the client. Determination of the most cost effective means of obtaining the financing, which may involve either competitive or negotiated public offerings of bonds or a private placement with a local, regional or national banking institution.

• Financial Policy Guideline Development – Establishment, evaluation or amendment of financial policy guidelines that are designed to provide a financial framework for maximizing the client’s funding capacity while maintaining or enhancing investment grade credit ratings.

• Rating Agency Communications – Pro-active communication with the major credit rating agencies including the development of comprehensive credit rating presentations which describe the issuer’s strengths in all major rating factors, including financial, demographic and management. The hallmark of our work with the rating agencies has been our ability to assist clients in lowering their costs through our work to improve their ratings.

• Customized Quantitative Analysis – Davenport develops customized financial models tailored to each of our clients’ specific needs. These models include: budget forecasting, cash management, debt capacity, refunding monitoring, tax impact analysis and utility revenue models.