We will develop a custom-tailored financing program through our ability to fully understand the current financial situation, allowing us to outline an action plan to help you accomplish your goals.
Financing strategies generally fall into two categories, General Obligation Bond issues or Capital Facilities Lease financing. General Obligation Bonds are the most common way of financing a capital project. They require either a 4/7 (57.14%) or 2/3 (66.67%) majority voter approval depending on the election date.
L. J. Hart & Company is adept at assisting clients in selecting the type of financing that is best suited for them. When a General Obligation Bond issue might not achieve the necessary voter approval, a levy election for a Capital Facilities Lease financing, requiring only a simple majority vote, may be the key to success.