Comprehensive Financial Reviews
Our deliverables are designed to combine an analysis of historic financial results with projections of key financial ratios to provide a fresh perspective on the overall financial health of our clients. We incorporate key financial ratios and projections as well as an analysis of debt capacity and debt affordability that help our clients evaluate capital funding needs.
Financial Policy Development
For over two decades, we have assisted our clients in developing, initially adopting and routinely revisiting Financial Policies. We provide policy comparisons incorporating “best practices” put forth by professional associations (i.e. GFOA, ICMA), as well as, key financial and debt related medians and metrics that help our clients establish prudent polices which promote sound financial management.
In addition to evaluating the use of debt, implementing new credit structures, and monitoring credit rating methodology, we actively monitor client debt portfolios for refinancing opportunities and assist with cash flow restructurings for budgetary relief. We build our internal debt portfolio models to track our clients’ debt and actively monitor portfolios for refunding opportunities.
Financial Pro Forma Budget Modeling
We develop proprietary financial models customized for our clients and other specialized revenue based projects. Our pro formas enables us to analyze multiple scenarios and formulate cost effective solutions that meet our clients’ financial objectives.
Cash Flow/Liquidity Analysis
We analyze revenues and expenses of governmental entities in order to assist with operating cash flow borrowings in the event that Revenue Anticipation or Tax Anticipation Notes are needed. Our work often incorporates monthly or sometimes daily cash flow models to identify cash flow constraints. While implementing a Tax Anticipation Note solves short term needs, we also help our clients develop strategies for eliminating the use of cash flow borrowing over the long term.
Leveraging Professional Partnerships
We partner with other firms that specialize in complementary services including project finance, legal and cash flow analysis, evaluation of operational planning and efficiencies, and navigating federal funding/credit programs.
Evaluation of Banking Services
Because a change in banking services can be a big task, we help streamline the solicitation, evaluation and selection process. Working with the needs of our clients, we help develop the Request for Proposals and assist in the evaluation of all services and related costs of a potential change in banking institutions.
Swap Transaction Advice
We use direct market access through Bloomberg to model swaps and assist our clients in evaluating potential market impacts on the valuation of swaps. We work hand-in-hand with our clients in considering the potential financial implications of entering into or terminating swap transactions.
Evaluation of Privatization Opportunities
Working hand-in-hand with local governments and other consulting partners, we evaluate the risks and rewards of potential privatization proposals for utilities and other governmental operations.