Economic Development Financing

Ryan specializes in assisting municipal and county governments on economic development financing projects, from formulating strategy to executing a plan. In the government sector, the need for consensus building and transparency often requires that we assist local governments in assessing the potential impact of projects before they are formally proposed, using fiscal impact studies, preliminary tax increment financing (TIF) assessments, and analysis of economic development tools available to policy makers. We help by delivering the tools so that policy makers can gauge public acceptance and build community consensus.

Economic Development Financing Services

Fiscal and Economic Impact Analysis

Fiscal impact studies are an unbiased evaluation of whether a development is beneficial from a local government perspective. We develop models that project revenue sources and costs. Our fiscal impact projections assist local government leaders in making decisions regarding growth strategies, development proposal approvals, and future development use plans.
Project Financial Feasibility/Proformas
- To evaluate feasibility and returns to public entities, developers, and investors, we prepare development proformas to ensure successful implementation of projects.

Development Strategy and Planning

Redevelopment Strategy
- Ryan initiates strategies and assists in implementing the revitalization of communities, downtowns, corridors, and sites.
Transit-Oriented Development
Comprehensive, Downtown, Corridor, and Site Planning
Economic Development and Policy Studies
- Our team is well-versed in local incentive policies and excels in researching and analyzing economic issues to assist public policy and decision-making.

Implementation

TIF and Special Taxing Districts
- Most states and municipalities can create special taxing districts in limited geographic areas to support development goals. We assist local authorities and developers to establish these districts.
  - Evaluation of TIF and other special taxing districts (e.g., Special Service Tax Districts, Special Tax Assessment Areas, Business Districts, etc.)
    - Generate preliminary taxing district eligibility reports
    - Create projections of future special tax revenues
  - Formal taxing district eligibility reports
  - TIF redevelopment plans
  - Parcel-by-parcel tax assessment, including “underwater” TIF analyses (where applicable)
  - Assistance in special taxing district ordinance drafting
  - Negotiations support
  - Administration and special taxing district compliance
    - Assist with annual reporting (statutory reporting to the state)
Gap Financing/“But For” Underwriting
Development Incentives
- Identify potential funding sources; prepare applications; and assist with negotiations, tax analysis and projections, fiscal and economic impact estimates and cost-benefit studies, and market and financial feasibility studies
Developer Consulting/Solicitation
Deal Structuring and Negotiation Support
- Analyze risks and benefits of public-private development connections and assist in negotiation process
Tax Revenue Projections
Financial Feasibility Studies