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Economic Development and Finance

Developing financially viable solutions for sustainable growth in the public and private sectors.

We believe that successful economic development should be community minded and benefit both the municipal entity and private investor.

With this in mind, we partner with public and private sector clients to understand complex issues related to financing, tax rate and levy impacts, and financial incentivization.

Using a holistic approach, we look at your land use planning, engineering, environmental and finance needs. In doing so, we help commissions, boards and elected officials make sound financial decisions for economic development projects.

At the earliest stage of every project, we identify trends, development pitfalls and funding gaps. From here, we develop strategies that will lead to scenario development and sensitivity analyses. The result? Tangible solutions for you to review when considering the impacts of an economic development decision.

Our Clients

  • Cities and towns establishing urban renewal projects or tax increment allocation areas to attract new investment and development
  • Public entities seeking financial incentivization assistance for public infrastructure projects
  • Public utilities requiring rate studies to plan for capital improvement projects
  • Municipalities in need of a quantitative report detailing the long-term fiscal impact of land use plans and developments
  • Private developers working on land development projects

Services and Expertise

  • Redevelopment planning
  • Financial incentive development and negotiation
  • Economic development arbitration
  • Utility rate studies and rate development
  • Public-private partnerships
  • Business expansion recruitment (BEAR) planning
  • Urban renewal areas (URAs)
  • Tax increment districts (TIDs)
  • Tax incremental financing (TIF)
  • Tax abatements (EAV deductions)
  • TID/allocation area management and monitoring
  • Economic development strategy planning
  • Economic development modeling and tax impact analyses
  • Cost of community service (COCS) studies
  • Municipal impact fee studies
  • Market and demand analysis
  • Policy development and impact analysis
  • Annexation fiscal impact analysis
  • Capital improvement planning (CIP)
DAN BOTICH

DAN BOTICH, MPA
Munster, Indiana
Associate, Regional Practice Leader and Senior Economic Development Professional
dbotich@sehinc.com

MIKE RUSSELL

MIKE RUSSELL, PE*
Durango, Colorado
Senior Economic Development Planning and Engineering Professional
mrussell@sehinc.com

*Registered Professional Engineer in CO, NM
ANDY ARNOLD

ANDY ARNOLD, MRP, AICP
Durango, Colorado
Urban Renewal and Economic Development – Finance Specialist
aarnold@sehinc.com

DAMON TSOUKLIS

DAMON TSOUKLIS
Munster, Indiana
Economic Development – Senior Finance Professional and Utility Rate Specialist
dtsouklis@sehinc.com

BRYAN SCHUCH

BRYAN SCHUCH
Munster, Indiana
Economic Development – Finance Specialist and Land Use Planner
bschuch@sehinc.com