Cities, Counties and Local Municipalities

Financing the future of your community

Our local government finance professionals have the resources and experience to help you serve your community with improvement projects. In 2013, we managed 356 bond issues for cities, counties and local authorities nationwide, providing $13.7 billion in financing.*

Contacts

Frank Fairman
Head of Public Finance Services
+1 612 303-6657
E-mail | Biography

Brad Winges
Head of Fixed Income Services
+1 612 303-2112
E-mail | Biography

Every government has important needs. From new buildings to water projects, street improvements and more, these needs come with complex financing structures and lengthy bond processes.

Our local government teams

Meet some of our city, county and local government finance experts:

Areas of city, county & local government entity expertise

We offer expertise in the following city, county and government sectors:

Capital planning & project feasibility analysis
COPs and appropriation bonds
Debt refinancing
Electric utility revenue bonds
General obligation bonds
Local government bond rating process
Sales tax & other revenue bonds
Sewer & water revenue bonds
Tax increment & assessment bonds

Capital planning & project feasibility analysis

How can you determine whether a particular project is truly worth pursuing? We will use our knowledge and experience to sit down with you and review the planning issues important to your decision. What’s more, we’ll analyze your full capital plan and help identify how the project fits into your overall financial objectives.

COPs & appropriation bonds

In many states, debt limit and other restrictions require local governments to use certificates of participation (COPs) or alternate annual appropriation bonds to finance projects. We know these financing types inside out, and we’ll help you use them to reach your goals.

Debt refinancing

Government organizations with outstanding debt need a partner who can watch the market for opportunities to save money the moment interest rates change. We actively monitor the outstanding debt of our local government clients to watch for opportunities to save money when interest rate conditions change. We’re equipped to move quickly and lock in these savings, and combine refinancing options with new bond issues to meet your debt goals.

Electric utility revenue bonds

The public power marketplace is a fast-paced, complex business. From electric power projects to telephone, cable and Internet, we’ll work with you to evaluate the range of services you should provide as well as how best to finance them.

General obligation bonds

General obligation (GO) bonds are a key financing tool that local governments use for a variety of projects. Piper Jaffray understands all aspects of the GO bond process and can help you assess whether GO bonds are an option for your project. We’ve guided hundreds of local governments through the GO bond issue process. Our team knows how to plan for a bond issue, assess the capacity and tax impact for a project, structure the bond, obtain a bond rating, and distribute the bonds at the best available interest rates.

Local government bond rating process

We understand the bond rating process and will work closely with rating analysts to help you attain the highest possible bond rating and reduce your interest costs.

Sales tax & other revenue bonds

Cities and counties sell revenue bonds using a wide variety of revenue streams as security. We have experience with nearly every type of municipal income stream, including parking fees, recreation fees and solid waste revenues. We’ll help you find the right combination for your financing needs.

Sewer & water revenue bonds

Sewer and water systems are core municipal services in almost every community. We have strong and deep expertise in financing sewer and water projects with revenue bonds. We can assess the feasibility of your project, review the impact on rate payers and analyze your financing options. Additionally, specialty expertise in state water and sewer revolving funds equips us to advise you on whether this is the best source of funding for your project.

Tax increment & assessment bonds

We have the resources necessary to help your local government finance the infrastructure for new economic developments. Our experts in development finance understand how to effectively structure and sell tax increment bonds, including those for larger districts and single projects.