 |
| The PMA Financial Planning Program (PMA FPP™) is a five-year analysis that provides a clear and succinct financial path for a public entity, presented in clear and understandable language. |
| Considering the financial challenges public entities face today, from limited revenues to increasing expenditures, the need for sound financial forecasting is greater than ever. The PMA Financial Planning Program is the result of a need for a long-term financial tool that enables a governing board, an administration and community stakeholders to make well-informed data-driven decisions. |
| PMA FPP helps public entities: |
- understand and quantify financial trends and changes in enrollment trends
- accurately forecast revenues and expenditures
- detect early warning signs of financial distress and develop an action plan
- become proactive vs. reactive
- accurately analyze referendum needs to achieve governing board goals
- manage tax rates
- identify long-term and short-term borrowing strategies that will minimize impact on tax payers
- maintain an integrated cash flow and debt management plan
- utilize PMA FPP as a collective bargaining tool
- accurately forecast the financial impact of opening/closing a building
- identify and plan for "what-if" scenarios
- communicate effectively with governing board and community stakeholders
|
| PMA FPP can help maximize the effectiveness of a public entity's process by integrating its debt and capital needs into the overall plan. PMA's Public Finance Team works directly with its clients to generate a detailed debt analysis that identifies profitable refunding opportunities and new bond structures that are consistent with their long-term goals. Once implemented, the FPP becomes an integral part of a public entity's financial management process and is an indispensable tool for setting sound fiscal policy. |
|
 |
|
 |
|
- Understand and quantify financial and enrollment trends
- Accurately forecast revenues and expenditures
- Detect warning signs of financial distress and develop a plan of action
- Accurately analyze referendum needs to achieve governing board goals
- Identify long and short-term borrowing strategies that will minimize the impact on tax payers
- Maintain an integrated cash flow and debt management plan
|
|
 |
|