Name
Funding for Building or Renovating a Station: How Am I Going to Pay for It?
Date & Time
Wednesday, May 24, 2023, 3:30 PM - 4:15 PM
David Arends Rich Tyler
Description

When we are buying what need to survive on our daily basis, we must come up with a plan and a vision on how we are going to pay for it. This is not different for Fire Departments. One of the biggest challenges for Fire Chiefs and Officers face, is finding the resources to meet municipal needs as well as public safety needs. Where and how do I come up for the money to pay for what I need? Do I have more funding options than just bonds?

Learning Objectives
• Financing Challenges Unique for Each Jurisdiction
• Funding strategies and Structures
• Tailored and Diverse Financing Solutions
• Board meetings: Assistance through the process
• Borrow authorities
• Alignment of Needs with Resources in the Long-Term
• Financial Packages and cost-effective Financing
• Financial Sustainability
• Communication to Decision Makers
• Earning trust and a Long-lasting relationship