Financing often presents the greatest challenge in the development of a project. To put it simply, there is no project if financing is not in place.
A substantial part of the challenge is to develop a financial plan that minimizes impact of the users. It may be necessary in the development of the plan to have a public participation program to gain support for the project and it’s financing.
Jones & Henry has helped many clients develop appropriate financing for their projects. We can assist you in meeting the challenge.
Financing as a Resource
Appropriate project financing is a critical resource to any entity in the process of implementing improvements. A mechanism to arrive at a viable mix of funding sources can be a great resource to any community.
Our staff is experienced with Community Development Block Grants, revolving loan programs for water and wastewater projects, Rural Development programs, the Economic Development Administration, and other state and federal infrastructure and development programs.
We understand the need to structure a project so that it is technically sound and financially attainable. We help our clients minimize the local share of project costs while assembling the total funding package needed to construct and operate the project.
We can work with you to develop a plan that looks at all phases of a project and identifies the most appropriate combination of sources of funds-grants, low interest loans, user charges, assessments, etc. We can help you through the following services:
- Recommendations of financial programs that apply to a specific project.
- Grant and loan application preparation and program management.
- Phasing of project tasks or components so that financial resources can be maximized and budgeted.
- Coordination of multiple funding sources.
- Compliance with federal, state, and local requirements.
- Environmental Reviews
Jones & Henry also can help you with:
- Periodic review of utility systems to determine operation, maintenance, and replacement costs.
- Preparation of assessment rolls - identifying assessable properties and distributing costs among parcels of benefiting property.
- Distribution of capital costs to major industries or tributary municipalities.
- Engineer’s opinion of rate adequacy for bond issuance.
- Economic feasibility of project or series of projects.
- Negotiations with agencies for modification of overly restrictive discharge permits or regulations that could increase operation and capital costs.
- Optimization of existing treatment facilities to postpone or minimize costly capital projects.
- Review of current rate structure and user charges.
- Expense and revenue projections.
- Water-use data analysis through our computer-based financial modeling program.
- Rate structure and miscellaneous charges and fees to determine appropriate cost allocation.
A properly designed program will result in a project meeting the community’s needs. Completion of projects in the water or wastewater field normally results in enhancement of public health.