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project funding and rate analysis

Got water and wastewater improvement plans for your community or municipality? They will remain just that until you acquire the funding necessary to bring them to construction and completion. Bell Engineering can assist you by determining and obtaining the best funding for your project. Some communities may use their own resources, borrow the money by issuing utility revenue bonds, or solicit loans from federal and state agencies. Revenue bonds, while a common source for financing these types of improvements, place a heavy burden on utility customers. That's where Bell steps in to help you to secure additional or alternate funding. We make every attempt to find grants and low interest government agency loans for our clients' projects. Some of those funding sources include State Revolving Loan Funds through the Kentucky Infrastructure Authority, Rural Utility Services through the U.S. Department of Agriculture, Community Development Block Grants, ARC Grants and state appropriations. Bell will be there every step of the way to guide our clients through the often complex loan and grant application process.

Determining feasible user rates is another important link in the funding acquisition chain. Bell has a long history of performing rate analyses to develop user rates that will support operations for both your current water or wastewater facilities and the proposed improvements to your system. Our experience in determining adequate rates will ultimately help you cover everything from operations and maintenance costs, principal and interest payments and loan administrative fees to the funding of reserves and debt service coverage. As the development of user rates may involve numerous funding sources, Bell ensures that you meet the varying requirements of government agency grants and loans, and navigate revenue bond issues.

Bell has the additional capability to allocate rates and user charges based on the cost of providing services via Wholesale Rate Analyses, System Development Charges, Wastewater User Charge Reviews and Facilities Valuations. Let our knowledge and skills help you achieve the optimal combination of funding and rates so that you may, in turn, provide the best possible service to your community.