Municipalities across the country are facing unprecedented budgetary challenges. Unfunded pension liabilities and significant outstanding bond debt, combined with ever increasing capital demands, shrinking tax-bases and slow economic recovery, have left many municipalities overwhelmed and with few ways to meet their obligations. This has resulted in severe cuts in funding to vital projects, programs and services. In some cases, municipalities are left with no choice but to file for bankruptcy protection.
We work with our municipal clients to optimize their liability structure and develop new revenue streams, in a manner that will provide them with long-term stability and economic growth.
- Debt advisory
- Asset management
- Expense management