Financing Transportation Services
With transit funding sources in short supply and challenges securing funds for a local match, it is difficult for municipalities to pay for Metra station development, parking lots, or expanded service.
Outsourcing Industrial Services
To keep costs down and focus on core competencies, municipalities are outsourcing the operations and maintenance of water and wastewater treatment services to water experts who inject both expertise and technology into a water or utility facility, or waste removal, to make that facility or service more cost-effective.
Investing in Public Buildings
Officials are looking to innovative financing mechanisms to finance local capital projects, including schools and downtown parking garages. Public-private partnerships or sale leaseback agreements have become an increasingly important municipal financing tool as an alternative to long-term general obligation bonds.
Marketing Municipalities
Municipal marketing creates public-private sector partnerships to allow municipalities to raise revenue without raising taxes. Community assets and properties can be leveraged through sponsorships, etc.
Please RSVP to Eve Pytel at epytel@mayorscaucus.org or (312) 201-4506 with your preferred breakout session by April 23.