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Funding Extensive Combined Sewer Overflow Mandates While Maintaining Sustainable Rate Structures
The City must execute a $300 million sewer separation program driven by a federal consent order. The complexity involves projecting future revenues and expenses to support significant debt issuance while ensuring that the resulting wastewater rate structure remains affordable and adequate to cover long-term requirements.
Environmental Protection Division Financial Projection and Feasibility Modeling
Our team bridges the gap between raw operational records and financial feasibility by developing detailed five-year projections of revenues, expenses, and debt service coverage. This technology evaluates the overall condition of the system and the organizational structure of the Environmental Protection Division. By analyzing raw data from the Capital Improvement Plan, our team assesses the reasonableness of project costs and timing for the massive sewer separation program. The solution integrates various spending scenarios into a financial model to test the affordability of the proposed Long-Term Control Plan. This approach transforms historical financial history and maintenance policies into a defensible feasibility report that accompanies the City’s Official Statements. These insights allow the City to demonstrate to bondholders that it possesses the financial capacity to meet debt obligations while successfully executing high-priority drainage improvements required by federal regulators.
Successful Support of Over One Hundred Sixty Million Dollars in Bonds
The City successfully issued $164 million in sewer revenue bonds since 2021 to advance its environmental mandates. Our team’s reports provided the necessary financial validation to secure debt, ensuring the continued implementation of critical sewer separation and infrastructure projects.