Analysis of Investment Policies and Recommendations for Improved Results
for Local Governments
With many local governments experiencing
a squeeze on revenues and reduced
earnings in fund balances, it is important
to examine various means of improving
the rate of return. L.J. Hart & Company
will be glad to study the existing policies of local governments, prepare alternative
ideas that legally improve the overall rate of return and serve as an ongoing consultant
to assist in the management of investments. The cost of this service varies depending upon
the size of the portfolio, the degree of difficulty involved in collecting accurate data,
and the time available to complete the work. No charges are made for the preparation of the
initial proposal. Any issuer pursuing this service can reasonably expect to improve its total
earnings, as a result, significantly above the cost of the service.
Our basic service is to help local governments borrow money on a tax-exempt
basis to meet their capital facilities and equipment needs. These are some of
the services we provide in the process of reaching that goal.
