Financing & Planning Services

Bond & Note Sales

• Advise on timing, method and amount of the sale
• Prepare debt repayment maturity schedules
• Credit Rating application and presentations
• Municipal Bond Insurance application
• Official Statement and Notice of Sale preparation and distribution
• Internet posting of complete Bond & Note Sales on www.fiscaladvisors.com 
• Bond Debt Statement preparation and filing with the State Comptroller
• Legal advertisement of bond sale
• Sale recommendation on award to the bank or underwriter
• Coordinate closing arrangements
• Coordinate payment of maturing notes
• Provide “Continuing Disclosure” as required by Securities Exchange Commission
• Advance Refunding of existing bonds

Planning & Other Financial Areas

• Develop financial plans for proposed capital projects
• Prepare financial impact reports of proposed capital project on taxpayers or users
• Debt service budget planning
• Applications for Exclusion of Debt from Debt Limit
• Interim financial reports for capital projects
• Comprehensive support of the competitive procurement of 457 Deferred Compensation Plans and Banking Services for Municipalities including:
  • Creation of RFP’s
  • Review and scoring of proposals
  • Review of the New York State 457 Plan
  • Negotiation support
  • Presentations to Municipal Officials
  • Award recommendations
  • Other support as requested
• Creation of RFP’s for Professional Service contracts

Investment Advisory Services

Operation & Capital Funds

• Developing Investment Strategies for Bond Proceeds and General Revenue
• Evaluating Alternative Investment Options and Structures
• Portfolio Management Services for Bond Proceeds and General Revenues
• Investment Policy Development within State Investment Statutes and Limitations
• Portfolio Evaluation and Restructuring
• Monthly/Quarterly Investment/Portfolio Reporting

Arbitrage Rebate Compliance

Pre-issuance consultation regarding IRS rebate or penalty requirement, available exceptions, record keeping and monitoring requirements.

• On-going monitoring to assist issuers with meeting available spend down exemptions
• Preparation of fully documented arbitrage rebate reports, including:
  • Calculation and confirmation of arbitrage yield
  • Identification of proceeds subject to the arbitrage rebate and yield restriction requirements
  • Construction of relevant investment cash flow from investment records for subject proceeds
  • Review opportunities to apply beneficial options, elections or otherwise allowable methodologies under the governing Treasury regulations to either minimize existing liabilities or increase the capacity for additional retainable earnings
  • Preparation of all IRS forms and step by step assistance in processing rebate payments, if required
  • Assistance with IRS inquires to explain arbitrage rebate computations and methodology employed

Accounting, Bookkeeping & Management Advisory Services

Accounting & Bookkeeping Services

• Accounting oversight
• Internal Auditing
• General ledger accounting
• Monthly and annual financial reporting
• Capital Project accounting
• Final Cost Reports
• Special Aid Fund accounting
• Cash-flow analysis and projections for management, investing and borrowing
• Multi-year budget projections
• Finance/business office management study
• Banking service proposal development and recommendations
• Audit preparation & Electronic Filing of Annual Update Document
• Interim Services
• Year end ST-3

Management Advisory Services

• Business Office Management
• Merger and Consolidation Studies
• Cohort Survival Enrollment Projections
• Administrative Office Review
• 403B Review
• Privatization Studies
• Municipal Utility Cost Feasibilities Studies
• Water & Sewer Rate Studies
• Employee Benefits review
• Fund Balance Management
• Grant & Loan Application Administration
  • Application preparation and submission
  • Monitor granting agency review
  • Prepare and submit interim documents and reports
  • Coordinate transfer of funds from granting agency

Fiscal Advisors Internet Resource Guide & Posting Services

www.fiscaladvisors.com

• Resource Guide to industry specific Internet links assisting in the financial and professional development of municipal organization
• Forward Sale Calendar includes ALL note and bond issues and respective pertinent information handled by Fiscal Advisors & Marketing, Inc. (FA)
• Posting Services
  • Sale Results
  • Official Statements
  • Notices of Sale
• Past Sales Calendar archives all FA note and bond sales for one year past the original Sale Date
• Electronic Notices offer FA clients & underwriters the opportunity to automatically receive any or all of the following electronic notifications:
  • New Issue Announcement
  • Technical Paper Publications
  • New York State Building Aid Updates
• Technical Papers house publications written by industry professionals in an effort to educate and support the field of municipal financing
• About Us lists the biographical information of FA professional staff with an email link to each professional
• FA Services is a directory of the expert services FA provides to the municipal finance industry
• Contact FA offers a user friendly guide showing the location of FA’s office locations

State Aid Advisory Services

For New York State School Districts

Fiscal’s State Aid Advisor is the most experienced independent professional building aid specialist in New York.

• Pre-Vote Aid Projections – team approach with architect and/or construction manager
• Calculate maximum cost allowances and bond percentages
• Interpret SED output reports
• Review periodic reports from SED to maximize aid
• SA-139 Request for Building Project Data
• FP-FI Request for Financial Information
• SA-135 Bond Anticipation Note Schedule
• SA-132 Bond Amortization Schedule
• SA-24 Building Aid Estimate
• Application for Certificate of Apportionment
• Final Cost Reports

E-Rate Program Services

Technology planning

• Usage analysis and current trend recommendations

E-Rate consulting

• Maximize E-Rate eligibility
• Facility statistics and population review

Full E-Rate process management

• Start to finish program assistance
• Planning and strategizing for E-Rate funds
• Vendor location support
• FCC application process meeting stringent guidelines and strict paperwork deadlines
• Fund allocation
• Annual planning