Economic Development
and Finance

Developing financially viable solutions for sustainable growth in the public and private sectors

We believe that successful economic development should be community minded and benefit both the municipal entity and private investor.

With this in mind, we partner with public and private sector clients to understand complex issues related to financing, tax rate and levy impacts, and financial incentivization.

Using a holistic approach, we look at your land use planning, engineering, environmental and finance needs. By doing so, we help commissions, boards and elected officials make sound financial decisions for economic development projects.

At the earliest stage of a project, we identify trends, development pitfalls and funding gaps. From there, we develop strategies that will lead to scenario development and sensitivity analyses. The result? Tangible solutions for you to review when considering the impacts of an economic development decision.

Our clients

  • Cities and towns establishing urban renewal projects or tax increment allocation areas to attract new investment and development
  • Public entities seeking financial incentivization assistance for public infrastructure projects
  • Public utilities requiring rate studies to plan for capital improvement projects
  • Municipalities in need of a quantitative report detailing the long-term fiscal impact of land use plans and developments
  • Private developers working on land development projects

Services and Expertise

  • Redevelopment planning
  • Financial incentive development and negotiation
  • Economic development arbitration
  • Utility rate studies and rate development
  • Public-private partnerships
  • Business expansion recruitment (BEAR) planning
  • Urban renewal areas (URAs)
  • Tax increment districts (TIDs)
  • Tax incremental financing (TIF)
  • Tax abatements (EAV deductions)
  • TID / allocation area management and monitoring
  • Economic development strategy planning
  • Economic development modeling and tax impact analyses
  • Cost of community service (COCS) studies
  • Municipal impact fee studies
  • Market and demand analysis
  • Policy development and impact analysis
  • Annexation fiscal impact analysis
  • Capital improvement planning (CIP)

SEH Economic Development and Finance Experts

Dan Botich

Dan Botich, MPA

Munster, Indiana
Associate, Regional Practice Leader and Senior Economic Development Professional

Mike Russell

Mike Russell, PE*

Durango, Colorado
Senior Economic Development Planning and Engineering Professional
*Registered Professional Engineer in CO, NM

Andy Arnold

Andy Arnold, MRP, AICP

Durango, Colorado
Urban Renewal and Economic Development – Finance Specialist

Damon Tsouklis

Damon Tsouklis

Munster, Indiana
Economic Development – Senior Finance Professional and Utility Rate Specialist

Bryan Schuch

Bryan Schuch

Munster, Indiana
Economic Development – Finance Specialist and Land Use Planner


Clients of SEH should be aware of the “Municipal Advisor Rule” of the Securities and Exchange Commission (effective July 1, 2014) and the “independent municipal advisor” exemption from the definition of “advice.” Each client is also notified that SEH, as a consultant providing economic development-finance professional services, is not a “municipal advisor” and is not subject to the fiduciary duty established in Section 15B(c)(1) of the Securities and Exchange Act. Additionally, SEH is not qualified or registered with the SEC or the MSRB to provide “Municipal Financial Products” to a client.