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Financial adviser outlines ~$7.3M net financing need for Junction City water projects
Summary
Duncan Brown of PFM Financial presented options for financing roughly $14.2M in water projects, noting about $7M in other funding sources and approximately $7.3M expected in third‑party financing; options discussed included revenue bonds vs. full faith-and-credit borrowing and bank loan vs. public bond market tradeoffs.
Duncan Brown of PFM Financial Advisors briefed the Junction City Council on financing choices for an identified list of water projects, summarizing options, tradeoffs and a preliminary funding gap.
Brown presented a bottom‑line estimate: total project costs of about $14,200,000 with roughly $7,000,000 in grants and other funding sources, leaving approximately $7,300,000 in net third‑party financing needs. He described the main decision points: what security to pledge to…
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