Municipalities and public finance clients frequently turn to M.R. Beal's financial experts to help assess their present and projected capital needs in order to develop cost-efficient financial vehicles specially suited to meet their individual challenges. M.R. Beal will consult with municipalities on an ongoing basis as well as for specific projects.

M.R. Beal has been a financial advisor to the District of Columbia (the "District") since the early 1990's and was involved in the development of the District's Comprehensive financial turnaround planning, the development of its systems for capital and strategic planning, the privatization of the District's Correctional facilities, the Certificate of Need approvals for over $5 billion in healthcare mergers and acquisitions as well as the development of the District's Safety Net program for uninsured residents, among other assignments. M. R. Beal served as financial advisor and delivered fairness opinions for the New York City Housing Authority's HUD securitization. We have also served as advisor and delivered a fairness opinion to the New York Teachers Retirement Fund in connection with its purchase of bonds issued in an innovative workforce housing transaction. In 1996, M. R. Beal advised the District on its privatization of a correctional treatment facility ("CTF"). In this capacity we assessed the viability of privatizing the CTF that was previously operated by the District's Department of Corrections.

Our experience in municipal finance and broad background are valuable resources for clients who seek better understanding of financial and non-financial factors that impact their ability to develop cost-effective solutions and make strategic decisions.