Municipal Financial Consulting and Utility Rate Advisory Services

Financial consulting firms to provide financial advisory and consulting services on an as-needed basis. Services may include utility rate studies, financial planning, bonding and debt assistance, independent financial analysis, impact fee studies, and related municipal financial services.
- Utility Rate Studies
• Water, sewer, stormwater, and other utility rate studies.
• Review existing rates, fees, revenues, and expenditures.
• Analyze operating and capital costs.
• Develop financial projections and revenue requirements.
• Evaluate rate structures and customer classifications.
• Develop recommended rates and implementation schedules.
• Evaluate rate impacts on customers.
• Provide financial models that can be updated by the City.
• Assist with public meetings, presentations, and City Council discussions.
- Impact Fee Analysis (IFA) and Impact Fee Facilities Plan (IFFP)
• Identify existing impact: Evaluate consumption of current facility capacity by new development.
• Identify future improvements: Determine system improvements needed to maintain established levels of service.
• Demonstrate relation: Show that anticipated impacts are reasonably tied to the development activity.
• Estimate proportionate share: Calculate costs for recouping existing capacity and funding new system improvements.
• Detail calculation: Clearly exhibit the mathematical method used to derive the final fee.
• Preparation of written IFA reports and supporting documentation.
• Assist City Engineer with preparation of IFFP.
• Attendance at meetings with City staff and City Council as requested.
- Bonding and Debt Services
• Evaluate the City's borrowing capacity and financing options.
• Assist with bond sizing and debt structuring.
• Prepare debt service and repayment projections.
• Analyze existing and proposed debt.
• Assist with bond financing, refinancing, and debt restructuring.
• Review financial information for bond documents.
• Coordinate with bond counsel, underwriters, financial institutions, and other financing professionals.
• Provide financial analysis related to revenue bonds, general obligation bonds, lease revenue bonds, and other municipal financing options.
• Assist the City in evaluating financing alternatives and associated costs.