1 / 6

Strategic Financing for Community Projects

Learn how to make informed decisions on financing capital projects for community enhancement. Explore debt issuance strategies and key considerations for maximizing economic growth and efficiency. Gain insights on leveraging assets and revenue streams effectively.

daniel-potts
Télécharger la présentation

Strategic Financing for Community Projects

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Session Two: The Economics of Good Decision Making Richard Deprospo Managing Director, Wedbush Securities Inc. The California Debt & Investment Advisory Commission’s Pre-Conference to CSMFO ANNUAL CONFERENCE 2012

  2. Capital projects provide opportunities for community: Safety enhancements Economic Growth Efficiency Recreation and lifestyle Projects may also be mandated or critical upgrades Water quality or effluent treatment Issuing Debt: Knowing When is as Critical as Knowing How…

  3. Issuing Debt: Knowing When is as Critical as Knowing How… • Analyzing projects from a framework of goals and objectives leads to reasoned decisions about financing • If enterprise enhancement or regulatory compliance • Debt service costs can be factored into rate base • If a new police station will enhance public safety and is strongly supported • Does a voter-authorized general obligation bond or parcel tax make sense?

  4. Issuing Debt: Knowing When is as Critical as Knowing How… • Analyzing goals and objectives • If core street and landscape improvements will enhance retail sales and sales tax receipts • Should they be financed with an assessment bond on local businesses deriving the greatest benefit?

  5. Issuing Debt: Knowing When is as Critical as Knowing How… • With Redevelopment Agencies dissolved, cities must be more aggressive in economic development • Can a new auto dealership be “financed” with a rebate of sales or property taxes? • Can city assets be sold, leveraged, leased or partnered? • Parking garages, administrative buildings, community centers, sports facilities

  6. Issuing Debt: Knowing When is as Critical as Knowing How… • Key Questions • If a project meets none of the city’s key goals, should it be financed at all? • If truly desired, can a revenue stream be created to fund it? • Are other non-debt financing tools available? • Debt capacity is finite and, where possible, should be tied to revenue enhancements

More Related