Political subdivisions and other governmental entities continually seek means to create jobs and economic prosperity. Businesses seek favorable locations and low cost financing. Banks seek to provide the financing for safe and smooth transactions. We have years of experience in coordinating these varied interests through creative public finance strategies. Options to promote economic development through public finance have evolved with changes in federal and state law. We are conversant with the array of available programs and techniques, including tax-exempt, taxable and tax increment financings. With the support of our Tax Department, we can conduct a thorough analysis of a potential financing to determine a viable and efficient structure. Criteria for various options range from very specific for the issuance of industrial development bonds to very broad for the issuance of taxable obligations. Options vary in complexity from the relative ease of a taxable financing to the intricacy of tax increment financing. We offer a seasoned, but flexible approach to the challenge of economic development.
SEE ALSO
"Industrial Development Bonds (IDBs)"
"Tax Increment Financing (TIF)"
"Taxable Obligations"