We prepare a financial feasibility report for the official statement clients need to help market and sell bonds. This report helps demonstrate to potential investors and rating agencies the relatively low level of risk associated with your borrowing, thereby reducing your cost of borrowing. Rating agencies, investors, and underwriters are familiar with Raftelis reports, and that provides them with confidence.
We can explain how different financing options will impact customer rates. This will help you better communicate with your customers and governing body to build their understanding and support for revenue needs.
We are registered with the U.S. Securities Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) as a Municipal Advisor. As a municipal advisor we have a fiduciary responsibility to the issuer. As registered municipal advisors we must always act in the best interests of the issuer, and we possess the expertise needed to execute a deal.
Since 2007, Raftelis has assisted the Richmond Department of Public Utilities with various financial, rate, and management consulting services for water, wastewater, stormwater, natural gas, and electric street lighting utility services.
Raftelis has annually assisted the Birmingham Water Works Board on a variety of financial and rate engagements since 2002.
The Sewerage and Water Board of New Orleans partnered with Raftelis recently to change its trajectory from operating in a sometimes reactive manner to putting in place a forward-thinking, strategic approach to overcoming legacy underinvestment in infrastructure, technology, and its workforce.
