District Advisory Services
Special district financing continues to be the preferred method of financing public infrastructure for master-planned communities. J.H. McKay, LLC works directly with community developers to provide establishment and bond financing strategies for new special districts, serve as the developer’s “eyes and ears” to provide oversight over all ongoing special district activity, and to act as the lead contact between the developer and district staff for all district issues.
District Advisory Services Include:
- Prepare cash flow analysis and financial projections to show the impact of special district financing on new developments.
- Provide special district establishment and bond financing strategies.
- Coordinate with developer’s counsel and district staff in the preparation of petitions to establish Community Development Districts.
- Assist developer with compiling and providing developer due diligence information requested from investment banker.
- Review bond documents and reports as part of the bond issuance process.
- Conduct regular reviews of lien books for district bond issues to ensure lien books accurately reflect current bonds outstanding.
- Review assessment rolls and direct-bill assessments prior to certification to county.
- Review and monitor district Trust account activity and balances.
- Coordinate and communicate with developer's accounting, finance, and construction management staff on all special district related issues or questions.
- Verify and confirm assessment true-up payments.
- Perform special projects or analysis as requested by developer.
