Infrastructure Financing Strategies
EPS provides a range of services necessary to fund and build community facilities and capital improvements and provide for their ongoing operation and maintenance. We strive to prepare achievable financing plans that respond to public and private objectives and make creative use of available financing. Clients regularly call on EPS to identify innovative funding and financing approaches. In addition, our technical work often includes the formulation of assessment rates, special tax formulas, and fee ordinances. We also assess the impacts of capital financing alternatives on project feasibility and public finance in the context of project negotiations.
Development Impact Fees
EPS brings a deep understanding of the statutory requirements and legal considerations, broad public financing issues, economic conditions, and administrative considerations that affect development of new and updated Development Impact Fee programs. EPS combines sound technical work grounded in legally defensible “nexus” arguments with analysis of economic implications, consideration of stakeholder concerns, and policy direction in our fee program assignments.
Special Tax and Assessment Districts
EPS offers extensive expertise in the full range of economic and financial services related to formation and funding of Special Tax and Assessment Districts. EPS prepares assessment rates, special tax formulas, hearing reports, and other documents required for a Resolution of Intention, such as the List of Authorized Services.
Tax Increment Districts
EPS has decades of experience analyzing tax increment financing (TIF) potential across a range of infill and redevelopment projects and areas. While legislation has evolved, the firm continues to offer best-in-class services in support of tax increment program development, revenue forecasting, financing support services, and policy advisory services.
EPS provides intergovernmental negotiation support related to the formation or reorganization of government entities, including as part of municipal incorporation, annexations, special district formations, and joint powers authority (JPA) formations. EPS typically prepares detailed budget forecasts for the new jurisdiction, provides documentation of alternative organizational options, and estimates impacts on existing entities. EPS also provides technical support to public entities undertaking negotiation of tax sharing agreements.