Provide analytical and support services for financial planning efforts. Review the district’s timetable and schedule of their long-range operating and capital budget strategy.
Coordinate applications to the Local Finance Board, Department of Local Government Service and the Department of Education, as appropriate..
Develop a credit rating program. Furnish the rating services with all necessary and relevant documentation and information. Provide information as needed during the process of the sale of securities. If necessary, meet with analysts from the major rating services to present a rating program.
Provide assistance with developing strategies, brochures for presentations at public hearings and information to community.
Assist with the preparation of news releases about any proposed referendum.
Assist with the preparation of presentation to municipal officials.
Assist in the obtainment of credit enhancement (i.e. municipal bond insurance, letters of credit, etc.), if determined to be economical.
Review the terms, conditions and structure of any proposed securities offerings undertaken and provide suggestions and modifications where appropriate.
Assist and advise in negotiations with investment banking groups regarding pricing and final terms of any security offering and make definitive recommendations regarding any proposed offer to purchase issue.
Advise in regard to an appropriate and advantageous method of selling debt securities (competitive, negotiated, private placement).
Assist in the preparation of the preliminary and final official statement in connection with the sale of securities.
Provide alternative repayment options based on analysis of district’s current debt service and projected debt service.
Recommend financing structure, which includes repayment term, structure and redemption provisions.
Develop comprehensive tax impact analysis based on debt service (current and future), debt service aid, changes in operating budget resulting from proposed financing, and investment income from construction proceeds.
Coordinate competitive sale arrangements or pricing procedures for negotiated offering
Provide advice/referral for the investment of funds.