Emerald Coast Utilities Authority (ECUA) has identified over $233 million of water/wastewater capital improvements to be implemented in order to comply with a consent order and maintain its utility infrastructure. Raftelis developed an interactive utility financial model to support ECUA’s bond and provide a decision support tool for ECUA staff. The financial model provided a five-year forecast, interactive dashboard, and capital funding/bond analysis features in order for ECUA to evaluate various alternative funding scenarios. Raftelis collaborated with ECUA staff to develop a strategy of bond sizing placements to complete critical capital improvements while maintaining a strong financial position. Raftelis also developed a financial feasibility report for inclusion in ECUA’s official statement for the proposed Utility System Refunding Revenue Bonds, Series 2015 and provided support to ECUA’s team of financial advisors.
