Campbell Education Series 2021:
Funding Capital Improvements While Maintaining Your Current Municipal Budget
April 21, 2021, 11:30am – 12:30pm
Online using Zoom
ABM offers a turnkey program that allows for cities to make needed capital improvements in facilities (HVAC, controls, lighting, electrical, roofing, water/wastewater improvements, etc.) with no increase to the current spending levels.
These programs require no upfront cost while funding capital improvements through guaranteed energy and operational savings all while shifting the project risk to ABM. A few of the funding sources utilized in our programs include but are not limited to energy savings, reduced maintenance savings, reduction in current outsourced facilities contracts, capital cost avoidance, IT costs, debt restructure, and debt wrap.
While this is a non-traditional process utilizing alternative funding, the entire process is legislatively supported by the Ohio Revised Code.
Many municipalities have taken advantage of this program to address an overburdened capital improvement plan. As part of this educational series, ABM is willing to offer a complimentary preliminary assessment to identify the magnitude of funding that could be produced for your city or county.
Speaker: Joe Sokol – ABM Building Solutions
Joe Sokol works to help local governments in reducing their energy consumption and carbon footprint. By reducing energy consumption, Joe helps to lower costs to each municipality, which can be used toward the bottom line or the savings can be used to upgrade facilities. Joe’s role also includes management of project development with client and ABM teams, communication with client stakeholders, development of financial modeling, and coordination of project and post-project activities.
Within his four years of experience with ABM, Joe has lead development and financial modeling for various municipalities in Ohio totaling over $25 Million in funding for needed capital improvements.