State Revolving Funds

State Revolving Funds (SRF) are a perpetual source of financing for state projects. The term “Revolving Fund” means that interest earned and money repaid is put back into the program to fund additional projects.

PFM’s financial advisory team has served as advisor on dozens of SRFs with total par amounts exceeding several billion dollars. Our success in creating and implementing SRF and pooled loan programs for our clients throughout the nation is a result of our extensive knowledge in this specialized practice area, including:

  • Optimization of available program security including equity funds, loan collateralization, moral obligation pledge and state intercept mechanisms, etc.
  • Thorough understanding of EPA regulations
  • State match funding sources
  • Leveraging structures: Reserve fund, cash flow and hybrid models
  • Federal and state legal issues (i.e. IRS regulations, solutions to address TIPRA, etc.)

Meet Our People

Name
Position
Location
Chloe Bohm
717.576.3950
Senior Managing Consultant
Philadelphia
Christi Fletcher
717.213.3896
Director/Senior Portfolio Manager
Harrisburg
Joan Evans
307.287.1514
Senior Marketing Representative
Cheyenne
Amy Otten
Client Services Senior Analyst
Philadelphia
Nick Kenny
573.529.9245
Senior Managing Consultant
St. Louis
Lesley Allison
407.406.5753
Senior Managing Consultant
Orlando
Heather Casperson
612.371.3753
Senior Managing Consultant
Minneapolis
Nick Jones
415.982.5544
Senior Managing Consultant
San Francisco
Chuck Upcraft
612.371.3731
Senior Managing Consultant
Minneapolis
Brooke Pierce
215.567.6100
Swap Accounting Coordinator
Philadelphia
Lila Berry
646.561.0722
Senior Managing Consultant
New York
Tamara Kemmler
412.439.8431
Senior Marketing Representative
Harrisburg
Samantha Myers
609.800.2984
Senior Managing Consultant
Princeton
Christopher Rekawek, CFA
717.213.3811
Senior Managing Consultant
Harrisburg
Danielle Scott
504.930.7690
Senior Managing Consultant
New Orleans
Elise Lomel
404.410.2227
Senior Managing Consultant
Atlanta
Marie Nasevich, CFP
215.557.1229
Senior Account Coordinator
Philadelphia
Kristina F. Powell
646.561.1723
Senior Managing Consultant
New York
Mudra Patel
415.393.7258
Senior Managing Consultant
San Francisco
Anne Wuollet
612.371.3723
Senior Managing Consultant
Minneapolis
Nick Yatsula
901.466.4557
Senior Managing Consultant
Memphis
Alex Theissen
617.508.5646
Senior Managing Consultant
Boston
Hank Fishkind, Ph.D.
407.723.5900
Director
Orlando East (fka Fishkind and Associates)
Jackie Berry
407.723.5929
GIS and Research Analyst
Orlando East (fka Fishkind and Associates)
Steven Schriever, ChFC, CLU
407.723.5942
Senior Managing Consultant
Orlando East (fka Fishkind and Associates)
Stanley Geberer
407.723.5900
Senior Managing Consultant
Orlando East (fka Fishkind and Associates)
Nicholas Groff
717.213.3815
Senior Portfolio Accountant
Harrisburg
Venessa Ripoll
407.723.5900
Assistant District Manager
Orlando East (fka Fishkind and Associates)
Jennifer Glasgow
407.723.5900
Chief District Accountant
Orlando East (fka Fishkind and Associates)
Jane Gaarlandt
407.723.5900
District Manager
Orlando East (fka Fishkind and Associates)
Amanda Lane
407.723.5900
Assistant Chief District Accountant
Vivian Carvalho
407.723.5900
District Manager
Orlando East (fka Fishkind and Associates)
Joshua Gawel
215.557.1461
Senior Managing Consultant
Philadelphia
Darren Weimer
407.723.5900
Senior Engineer
Orlando East (fka Fishkind and Associates)
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