RSG

Intelligent Community Development

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Financing

Financing

RSG specializes in fiscal consulting services for cities and redevelopment agencies.  Our clients’ needs are diverse--from strategic financial planning to taxing agency pass-through calculations to redevelopment project area revenue projections.  What they have in common is the need for a consultant who understands public policy, whose forecasts are thorough and reliable, and whose work is on time:  RSG.  And, RSG staff is comfortable working with key players on any financing team-city staff, underwriters, bond counsel, bond insurers, rating agencies, or other financial consultants or credit institutions.

To date, RSG has served as fiscal consultant for over 150 financings, involving the issuance of approximately $2.6 billion in bonds.  Our extensive experience covers a spectrum of financing sizes and structures, including the following.

  • Financings ranging from $1 million to over $100 million
  • Initial offerings and refundings/refinancings
  • Issues including escrow components
  • Short-term notes and long-term take-out financings
  • Tax increment pledges

Anyone with a computer can prepare revenue projections.  RSG knows the nuances and importance of each assumption and variable.  That can make a big difference when it comes to sizing a bond and getting the best interest rate.

  • Fiscal Consultant Reports
    RSG prepares fiscal consultant reports for a variety of tax increment supported debt structures for clients throughout California and Nevada.  We provide property tax and tax increment revenue projections that delineate both expected and anticipated revenue amounts.
  • Financing Capacity Analysis
    Many of our clients look to RSG to prepare preliminary and long-term forecasts of bonding capacity and project indebtedness.
  • Tax Increment Verification and Revenue Audits
    RSG has established rapports with County officials in California and Nevada that permit us to efficiently and accurately assess if our clients are collecting their entitled revenues.
  • Revenue Projections and Verification
    Our clients retain RSG to prepare realistic revenue forecasts, employing a variety of redevelopment scenarios.
  • Interpretation/Application of Pass-Through and Developer Agreements
    Many of RSG’s clients contract with us to review and annually determine the amount of funds to be disbursed to affected taxing agencies, developers, and other entities.
  • Escrow Release Certification
    RSG prepares appropriate fiscal documentation to facilitate escrow releases when revenues increase.
  • Fiscal Analysis and Reporting For Bond Insurers and Rating Agencies
    Our role as fiscal consultant frequently includes presentations with rating agencies and insurers.  We are experienced in explaining the basis for revenue projections, analyzing assessment appeals, and preparing defensible development forecasts.

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