Financial Consulting Services

The Vendor is required to provide consultant to support financial planning, analysis, and presentation of budgetary information to staff, management, and the Board.
- Provide professional services on an as-needed basis to ensure financial stability, transparency, and compliance with applicable laws and standards.
- Services include:
•    Financial forecasting – prepare and maintain long-term financial projections and models, including revenue, expenditures, and fund balance forecasts, to ensure fiscal sustainability and strategic planning.
•    Budget development and updates – assist in the preparation of annual budgets, provide mid-year updates, reconcile fund balances, and prepare associated staff reports and resolutions.
•    Property tax revenue forecasting – analyze and project property tax revenues; prepare detailed reports to guide district decision-making.
•    Property tax analysis – conduct comprehensive analysis of assessed valuation trends, tax increment impacts, and other property tax-related factors affecting the district’s revenue stream. Obtain necessary reports from HDL.
•    Mid-year budget review – evaluate year-to-date revenues and expenditures; prepare related staff reports and resolutions; present findings to staff and board.
•    Salary & benefit analysis – prepare salary and benefit cost projections, including retirement, health, and other benefits; conduct scenario modeling to assess long-term fiscal impacts.
•    Preliminary and final budget preparation – develop preliminary and final annual operating budgets and capital improvement plan (CIP) documents, ensuring compliance with district policies and state requirements.
•    Board presentations – present preliminary and final budget documents and related financial reports to the board of directors in a clear and professional manner.
•    Alternative budget scenarios – develop and model alternate budget scenarios and forecasts for review by staff, finance committee, and the board, to support informed policy decisions.
•    Fee analysis – review and evaluate the district’s fee structures for compliance with applicable state and local requirements; recommend updates or adjustments as needed.
•    Review office administrative rate – evaluate and provide recommendations regarding the district’s office administrative rate for cost recovery and compliance purposes.
•    Annual appropriations limit – prepare the district’s annual appropriations limit calculation pursuant to article and provide supporting documentation for board adoption.
•    Negotiations support – provide financial analysis and expert advice to staff during labor negotiations, vendor discussions, and other contractual matters requiring financial evaluation.
•    Specialized financial analysis – provide additional fiscal analysis or financial reviews, including trend analysis, cost recovery studies, or other matters as requested by the district.

- Questions/Inquires Deadline: October 28, 2025