As municipalities face tighter budgets, it is increasingly important to fully evaluate proposals before making a financial commitment. A feasibility analysis provides local leaders with critical information needed to effectively make decisions on matters of importance. A well-conducted analysis can also save millions of public dollars, if the proposal is found to have negative financial impact on the community.
Some proposals that should be evaluated before a commitment is made include:
- Debt issuance for public improvements
- Shared service agreements
- Changes to tax structures
- Reorganization of government operations
Before making a significant decision, first conduct a feasibility study to ensure the project meets the municipalities’ financial objectives. If saving money and making sound decisions is important to you, let us know what your next big proposed project is.
Contact Us: To learn more about our Feasibility Study services, contact us at 734.623.8033.