To grow their community and provide enhanced quality of life for its residents, communities often compete for the same new economic development opportunity. In an effort to make informed decisions opportunities should be strategically evaluated to determine the benefits to the local community. As an independent advisor, Baker Tilly’s only priority is doing what’s best for the local governments we serve. We provide unbiased financial data and reporting, allowing you to make educated decisions about releasing tax revenue and leveraging your investment to generate additional development. 

• Economic impact analysis
• Developer analysis
• Incentive structuring
• Local incentive analysis
• Tax abatement alternatives
• Tax increment (TIF) feasibility studies
• Federal and state credit program analysis
• Fiscal impact analysis
• Assistance with the creation or modification of TIF areas
• Financial presentations to elected officials and the public

• Official statements and bond sale preparations
• Presentations to bond ratings agencies
• Competitive bond sales and electronic bidding services
• Negotiated bond sales and private placements
• Bond refunding analysis
• Coordination of bond closings
• Assistance to the trustee bank
• Escrow verifications
• Parity reports

• Incentive compliance monitoring
• Assistance with state and local financial reporting requirements
• In-progress construction reports
• Arbitrage rebate calculations
• Annual continuing disclosure filings
• Post issuance tax compliance