Many utility engagements involve rate studies, cost of service studies and development of user charge systems for water, sewage, gas and electric utilities. Utility management requires accurate and meaningful financial information on which to base decisions that will affect all customers. O. W. Krohn & Associates can assist your management team in making informed decisions. Whether the focus is a feasibility study to evaluate the financial impact of capital improvement options, analysis of the financial merits of economic development opportunities, assistance with budgeting, or understanding your utility's financial condition and capabilities, O. W. Krohn & Associates has the expertise to provide your management team with meaningful information and timely advice.
O.W. Krohn & Associates routinely assists clients with appearances before the Indiana Utility Regulatory Commission, Local Government Tax Control Board, Indiana Bond Bank, Rural Development Agency, Indiana State Revolving fund and the Indiana Department of Commerce.
Accurate financial reporting systems and budget procedures will enhance management's ability to understand their utility operations throughout the fiscal year. O. W. Krohn & Associates can help your utility develop and implement financial and operational reporting systems utilizing state of the art technology and systems.
Local government also requires accurate and meaningful financial data and interpretation. We assist many communities with budgeting, accounting systems development and implementation, feasibility studies, long-term debt planning and assistance with the issuance of tax-exempt securities. Tax abatement and Tax Increment Financing (TIF) can be complex issues facing communities that are attempting to balance a rural image with the need for quality economic development projects. We can assist your community's effort to establish, quantify and explain the economic merits of various incentive packages that may be appropriate for specific projects or for the development of a local policy for economic incentives.
Providing financial advisory services related to obtaining long-term financing is a primary area of service offered by O. W. Krohn & Associates. We can assist your community with the issuance of general obligation bonds, utility revenue bonds, grants, leases, lease-rental bonds, Economic Development Income Tax (EDIT) and other forms of tax-backed bonds, Tax Increment Financing (TIF), inter-governmental agreements, wholesale contracts, developer agreements and credit enhancements.