Financial Advisor Professional Services

The City of Palo Alto is seeking a financial advisor to provide professional guidance and advisory services to support the City's debt management, capital financing, and related strategic planning for a three-year period. The selected firm will work closely with City staff and elected officials to support fiscal planning, debt issuance and structuring, market evaluations, long-term liability management, and other public financing needs. The scope of work includes quarterly financial advisory reporting, general financial advisory and strategic planning services, debt issuance advisory, and credit rating agency support. The City is looking for a firm with experience in municipal advisory services, including work with California public entities, and knowledge of California's regulatory environment. • The City's debt portfolio and municipal market conditions will be monitored on an ongoing basis. • The City's debt capacity, affordability, and repayment considerations will be evaluated. • Financing alternatives for capital projects will be analyzed. • The City's Debt Management Policy will be reviewed and revised as necessary. • Regulatory developments, disclosure requirements, and other federal, state, and local requirements affecting municipal debt and financing activities will be advised on. • Financial analysis, modeling, forecasts, and recommendations will be provided to support strategic planning and long-term financial decision-making.