Local governments are faced with the problem of funding the expansion of infrastructure and public facilities that result from land use plans, development projects, or responding to general growth and development. Public financing plans are prepared to clarify how a given set of public improvements will be funded. Such public financing plans have become increasingly important in recent decades as new development has become the primary source of funding and financing for infrastructure and public facility improvements.
EPS provides analytical support for a wide range of local government activities necessary to fund and build capital improvements. We can help with planning facilities, designing financing strategies, arranging funding, and administering financing programs. Our goal is to ensure successful development projects and land use plans by preparing feasible financing plans that respond to public and private objectives and make creative use of available financing mechanisms.
EPS services include:
- Forecasting infrastructure and public facility demand
- Identifying and forecasting potential funding sources
- Allocating capital costs
- Assessing the impacts of capital financing alternatives on project feasibility and public agency budgets
- Analyzing the distribution of financial burden
- Participating in public finance negotiations
- Drafting development agreements formulating assessment rates
- Preparing special tax formulas
- Nexus analysis and preparation of fee ordinances and resolutions
- Developing fee credit and reimbursement programs
- Fairfield Train Station Specific Plan Financing Plan
- Bridge District Specific Plan Financing Strategy
- Milpitas Transit Area Specific Plan Financing Plan
- Sutter Pointe Specific Plan Financing Plan
- West Sacramento Bridge District Services Community Facilities District
- McClellan AFB Reuse Public Facilities Financing Plan