Financial Management

Financial Management Services

In today’s financial environment, organizations and businesses need to make critical investment decisions faster than ever and in a way that consistently optimizes limited budgets. A clear understanding of business risks, priorities and commercial constraints makes the difference between the plans you can make, and the ones that will work.

Offering robust financial management consulting services, Hawksley Consulting simplifies the complexity of difficult business decisions, giving you the advantage against a world of uncertainty and financial stress. We help you meet and address real-world financial challenges. We’ve assembled a team of industry-leading advisers who specialize in affordability analyses, rate design studies, financial planning, cost allocation and cost of service studies, public private partnerships, valuation and regionalization. With proven results from around the globe, we bring the best the world has to offer to every one of our clients, large and small.

In December 2015, Hawksley Consulting acquired Burton & Associates to increase our financial service offerings. Learn more about our interactive models and decision support process.

Recent Successes

View additional case studies on the Burton & Associates website.

Denver; Hawksley ConsultingWater Infrastructure Supply Efficiency Partnership
Colorado Water Utilities

This project is the largest municipal regionalization effort in Colorado. It involves combining the water supplies of two large municipal water utilities, and sharing the benefits of a $700 million project to treat and deliver the supplies. While most communities in the service area receive project water during water-short drought years, some receive deliveries the rest of the time on an interruptible basis for a fee. Hawksley Consulting developed the cost-sharing and pricing methodology that would provide a reasonable return on investment for the asset owners, create a transparent process that was acceptable for the buyers (suburbs) and build in a repeatable process for the future.

The pricing methodology created a separate cost allocation for each of the facilities in the delivery chain, separating each into used and useful average-day capacity, firm peaking capacity and unused reserve capacity. The interruptible rate picks up costs for the average-day capacity only, while firm customers share the cost of the peak capacity, and owners alone share the cost of any unused reserve. Pricing was a major consideration in the development of the legal contracts that dictate the relationships among the various parties and an important reason why the project is well on its way to final signatures and first water deliveries.

Water Utility; Hawksley ConsultingSewer Regionalization Study
California Sanitary District

Since the 1990s, sanitary districts in one California county have examined the possibility of merging three sewer collection agencies and an already-regionalized wastewater treatment agency. Throughout the previous studies, none provided an analysis into the costs and benefits of the proposed regional approach. The study performed by Hawksley Consulting provided a detailed business case of up to four different consolidation scenarios. The team examined the potential for economies of scale – the real benefit of consolidation – under those scenarios. The study found that none of the consolidation scenarios would save the ratepayers money and that the best case scenario would need to generate an additional $1 million to $2 million per year in reduced costs in order to make sense financially. Based on the study, the districts determined that most of the economies of scale had already been achieved by regionalizing the wastewater treatment function for the area. The collection function, on the other hand, did not offer much by way of real savings as those systems did not have any capacity in which to achieve scale. Only administrative and financial capacity savings were available and those were not enough to save the ratepayers real money. The team’s recommendation saved the County residents the time and expense of consolidating operations that offered very little in terms of efficiencies and savings. Avoiding the increased costs was tantamount to saving millions of dollars per year even under the best scenario.