While at the Office of Commercial Revitalization, Mike authored legislation and regulations for the State's targeted revitalization loan program and subsequently prepared underwriting and project packaging for projects seeking loan assistance and for the State's Community Development Block Grant economic development projects.
In the 1980's, he prepared the economic and fiscal impact analyses of the deployment of the U.S. Air Force's Peacekeeper Missile in Wyoming and Nebraska. Subsequently, he assisted with preparation of economic and fiscal impact analysis of Homeport Everett for a carrier vessel battle group to be stationed in Washington State.
In the early 1990's, Mike formed Public and Environmental Finance Associates. His clients include State and local governments, landowners and public interest groups. He specializes in fiscal impact analysis, utility rate setting, demand forecasting and needs analysis. He has developed a number of econometric and allocation-based fiscal impact models and analyses for various clients including the U.S. Virgin Islands, Loudoun County Virginia, Shelby County Tennessee, the Minnesota Department of Agriculture and Lancaster/Lincoln Nebraska. These models incorporate general purpose, education and water and wastewater services and revenue streams. He has also analyzed the impact of various projects on local government service providers including the proposed Disney America project in Prince William County, Virginia, and the corporate headquarters for the WorldCom Corporation in Loudoun County, Virginia.
In addition to the education elements of these models, Mike has analyzed the impact on State education funding formula of exempt real property in Rappahannock County, Virginia and prepared a comparative analysis of enrollment, outlays and approved reimbursement rates for high intensity special education students in three States and the District of Columbia for the District's State Education Office.
Mike has also prepared rate studies, needs analysis and fiscal planning for water and wastewater utility systems. In the 1990's, he was commissioned by the U.S. Environmental Protection Agency to develop rate setting software for small and medium size water and wastewater utilities. This software has been utilized by over 500 small and mid-size utility systems throughout the U.S.