Laguna Ridge is the first large project the City of Elk Grove has approved since its incorporation. This new 1,900-acre community is planned for nearly 8,000 residences, five schools, a civic center, upscale shops and restaurants, and a web of parks and trails to link the community. Representing the primary landowner, EPS prepared a public facilities financing plan establishing the policy framework for financing the required backbone infrastructure and public facilities. The strategy optimizes available revenue sources, phases improvements so they are funded and built when needed, makes maximum use of "pay-as-you-go" funding mechanisms, and has enough flexibility to respond to market conditions. EPS subsequently provided special tax consulting services for proposed CFDs.