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Home My WebLink AboutFY26-27 Auditing: FG SolutionsDEPA[:TM:NT OF FINANCE 3 0nEr; • Jug'' fg fgSolutions A`+ ` June 30, 2026 Ms. Diane Nakagawa Director of Finance, County of Hawai'i 25 Aupuni Street,Suite 2103 Hilo, Hawai'i 96720 Email: crystallene.pacheco@hawaiicounty.gov Phone: 808-961-8234 Subject: Statement of Qualification and Expression of Interest for FY 2026-2027: Dear Ms. Nakagawa: FG Solutions is pleased to submit the attached Statement of Qualifications to you and the Department. Enclosed is a Statement of Qualifications and Expression of Interest for the following Categories, for Fiscal Year 2026-2027: FN.1)Accounting(Accounting,Analysis, and Administration of Special Financing Districts) FN.5)Auditing FN.9) Public Finance (Financial Advising) FG Solutions is a California-based financial and management consulting firm. Our services include utility rate studies, financial planning, connection and impact fee studies, business case evaluations, and financial feasibility evaluations. In addition to these services, FG Solutions also offers Extension of Staff services.Extension of Staff is a way for our clients to get some tasks or small projects done without having to impact staff time. Below please find examples of our Extension of Staff Services. Annual budget assistance, including revenue projections and water treatment expense projections Financial Consulting for an Insurance Claim Revenue projections to support a bond rating presentation Review of AMI Business Case Pretreatment Fee benchmarking and evaluation Business case, evaluating a potential service area extension Stranded cost calculation and documentation of abandoned facilities Evaluation of existing governance agreements and the financial analysis of cost allocation procedures and overhead charges. FG SOLUTIONS, LLC 1649 S Burnside Ave#106,Los Angeles CA 90036 I www.fg-solutions.com At the intersection of your financial,engineering,policy and management challenges fg fgSolutions We would like to thank you for this opportunity to submit this proposal and look forward to the opportunity to provide consulting services. Please feel free to contact us if you have any questions or need further information. Best Regards, Debi Fortin CEO, FG Solutions, LLC Email: debi@fg-solutions.com Direct: 206.605.4167 FG SOLUTIONS, LLC 1649 S Burnside Ave#106, Los Angeles CA 90036 I www.fg-solutions.com At the intersection of yourfinancial,engineering,policy and management challenges r P 1 Ilf T ' ' 1 tf%\\ L It 4 v1 , \ - - County of Hawaii a V:--‹A '-' I11 1f `''- 1 ;`/', 4 , t STATEMENT OF QUALI FICATIONS AND EXPRESSION OF INTEREST, FY 2026-2027 CATEGORY FN.1 ACCOUNTING (ACCOUNTING, Analysis, and N Administration of Special Financing Districts) N ,,,,, CATEGORY FN.5 AUDITING hi*: l ' - k"_ , 'i777 CATEGORY FN.9 1 PUBLIC FINANCE (FINANCIAL ADVISING) I 1 2 260\ June 0 A, . 4 ` t _ Prepared by:t4. ;_. 1 fg fgSolutions I 649 S Burnside #106 y i ; \`` Los Angeles CA ilk 90036 www.fg-solutions.com debi@fg-solutions.com 206) 605-4167 Section 1 : Name of the Firm, Contact Information, Principal Place of Business, and Location of All Offices Name of Firm:FG Solutions, LLC Contact Information: Ms. Debi Fortin Chief Executive Officer 649 S.Burnside Avenue,#106 Los Angeles, CA 90036 debi(c fq-solutions.com Mr.Art Griffith Principal/Project Manager 649 S.Burnside Avenue,#106 Los Angeles, CA 90036 arti1 fq-solutions.com Principal Place of Business:Los Angeles,CA Location of All Offices: Los Angeles,CA 0 fgSolutions Section 2: Age of Firm and Average Number of Employees over the Past Five Years FG Solutions, LLC was incorporated in 2014, the firm is twelve years old.Since its formation, FG Solutions, LLC has been a partnership with two principals, Ms. Debi Fortin and Mr. Art Griffith, and no additional employees. I 0 fgSolutions i Section 3: Education, Training, and Qualifications of the Firm ' s Key Employees Mr.Art Griffith Mr. Griffith is a registered professional engineer with more than 31 years of experience providing utility financing services to water, wastewater, stormwater, solid waste, and electric utilities. Specific areas of expertise include utility ratemaking, Impact Fee determination, financial planning, interlocal agreement preparation, fiscal policy and level-of-service definitions, and assisting municipal utilities develop capital funding alternatives. Mr. Griffith integrates his engineering and financial consulting experience to enhance the quality of the financial analysis and draws on both disciplines in his ability to communicate the results. He works closely with utility staff and elected officials to communicate utility finance issues with the public via advisory committees and public hearing presentations. Education: BS,Chemical Engineering, University of Washington; 1988 MS Civil&Environmental Engineering, University of Wisconsin; 1992 Ms. Debi Fortin Ms. Fortin is FG Solutions' Chief Executive Officer, in addition to her role as Project Manager and Senior Analyst. Ms. Fortin's greatest value to her clients is her ability to quickly assess a challenge and develop a strategy to resolution. Her attention to detail, technical acumen, and love for networking is a perfect combination for the business. In addition to her duties as CEO, Ms. Fortin works alongside Mr. Griffith as a Project Manager and a Senior Consultant for the company's financial and management consulting assignments. She has prepared financial projections, revenue requirement analyses, cost of service analyses, water demand projections, and benchmarking analyses of financial parameters and utility financial policies. Ms. Fortin has a Masters Degree in Business Administration, with over twenty-three years of engineering and financial and management consulting experience. Education: BS, Electrical Engineering, Seattle University; 1989 Master of Business Administration,Seattle University;2001 0 fgSolutions 4 Section 4: List of Recent Projects and the Names of Up to Five Clients who May Be Contacted List of Recent Projects Wastewater Rate Study, current study in progress 2026 County of Hawai`i, Department of Environmental Management, Hilo, Hawai`i FG Solutions is currently working on a Wastewater Rate Study for the County. The rate study includes a ten-year financial plan and a five-year rate proposal. Draft sewer rates for the next five years have been developed and are currently being reviewed by the County. Proposed rate increases would allow the utility to pay for O&M and repair/replacement expenses, and would require the General Fund to pay for the majority of capital improvement costs. This project also includes development of the Long-Range Financial Plan, which will identify how all wastewater system capital projects will be funded. This Long-Range Financial Plan is currently an ongoing effort. Wastewater Rate Study, completed in 2018 County of Hawaii, Department of Environmental Management, Hilo, Hawaii FG Solutions completed the County's 2018 Wastewater Rate Study,which resulted in an adopted five-year schedule of rate increases. The first rate increase went into effect in 2019,and the fifth of five rate increases became effective in April 2023.The County of Hawai'i had not increased wastewater rates since 2006, and wastewater revenues were not high enough to support O&M, adequate repair/replacement, and needed capital improvements. Rate increases allowed the utility to begin addressing critical repair/replacement needs. The cost-of-service analysis completed for this project allowed for defensible residential and commercial rates to be considered and adopted. Wastewater Rate Study and Impact Fee Update, 2022 County of Kaua'i, Department of Public Works Wastewater Management Division, Lihu`e, Hawaii This rate study consisted of a revenue requirement analysis, cost of service analysis, and rate design. The outcome of the project was a 70 percent rate increase phased in over a five-year period. The rate increase will provide the revenue to fund a capital improvement plan that addresses regulatory needs, collection system expansion, and urgent replacement needs. The funding allows the County to replace antiquated equipment and provide more reliable service. The financial plan covered a five-year period and required significant sensitivity analyses for capital funding and schedule alternatives. This financial plan assessed the trade-off between rate increases and on-going General Fund support. The County's policy decision was that wastewater rates would pay for O&M costs and State Revolving Fund debt service, and the General Fund would continue to issue General Obligation debt for a portion of the wastewater Capital Improvement Plan. The County has separate Impact Fees for wastewater collection and wastewater treatment, and these Impact Fees were updated. A key challenge of the Impact Fee updating was estimating past General Fund support for wastewater debt service.The Kaua County Council adopted updated rates and Impact Fees in September 2022. 0 fgSolutions 5 Multiple Consulting Assignments: City of Garden Grove, California Chubb Insurance Claim, 2026 (Ongoing) The City filed a claim with it's insurance company, related to expenses incurred due to PFAS contamination of two of its eleven wells. FG Solutions calculated the value of additional expenses incurred by the city for these wells,which included the cost of importing additional water from Metropolitan Water District of Orange County (MWDOC). FG Solutions developed the methodology for documenting the claim, working with the insurance company's adjustor and forensic accountant. Extension of Staff Consulting Services, 2018-2026 Since 2018,FG Solutions has been providing consulting services as needed.These services have included: Annual updates to the City's pass-through charge, where increases in purchased regional water costs and regional recharge assessments can be passed through to customers without further Proposition 218 notifications. Updating the Revenue Requirement analysis to allow the City to confidently budget for capital improvements. Providing information to support bond issuance and bond refinancing. Providing revenue and expense projections used by the City to prepare its budget. Water Rate Study, 2023 FG Solutions updated the City's Water Rate Study in 2023.The successful outcome of the Rate Study was a series of five annual rate increases beginning in 2024 and ending in 2028.The rate increases will provide funding to address PFAS contamination in the City's groundwater wells and address decreasing use of water as water conservation efforts continue in California. FG Solutions and the City approached the Rate Study as an opportunity to inform and talk to City residents about PFAS contamination and how the City is addressing PFAS contamination to continue to provide a safe and reliable water supply. Water Rate Study, 2018 FG Solutions completed a Water Rate Study for the City of Garden Grove in 2018. Garden Grove has a population of 170,883. Per the City's 2015 Urban Water Management Plan, 30% of the City's households are classified as either"extremely low income", or"very low income". Garden Grove's goals were to balance levels of service, maintain revenue stability, and to address affordability concerns. The City also wanted help in prioritizing their capital improvement plan. The Rate Study included: Updating the water utility Capital Improvement Plan. Increasing fixed charges to enhance the fiscal health of the utility. Revenues from fixed charges pay for fixed costs. Implementing a new low-income/senior discount to mitigate the financial impacts of increased fixed charges on a vulnerable population. Creating a defensible tiered water rate and fire service rate structure. Conducting four one-hour Study Sessions with the City Council to discuss the Capital Improvement Plan and its benefits, the financial impacts of the drought, proposed rate increases, proposed rate structure alternatives, and public involvement activities. FG Solutions prepared the presentations, and Mr. Griffith delivered the presentations. Conducting one public open house/workshop. 0 fgSolutions Multiple Consulting Assignments: South Coast Water District, Laguna Beach, California JRWSS Overhead Cost Analysis, Ongoing The Joint Regional Water Supply System (JRWSS) is a set of water conveyance and storage infrastructure that brings regional water supplies to nine Member Agencies in South Orange County. A series of eleven contracts among the Member Agencies govern the JRWSS and establish South Coast Water District District) as the system operator. The District retained FG Solutions to address two contractual aspects to improve the financial equity and transparency of JRWSS operation. FG Solutions is developing a Systemwide Cost Allocation methodology, to more equitably distribute costs that are related to the overall JRWSS system, including but not limited to administration, accounting, SCADA, and Information Technology. Allocation of these costs is not adequately addressed in existing contracts.The proposed methodology has been presented to the Member Agencies, and FG Solutions has been receiving comments on an ongoing basis. FG Solutions' cost allocation methodology was used in the development of the JRWSS FY 26/27 operating budget. FG Solutions has also developed a methodology to recover all administrative costs. Currently, the District provides services to JRWSS and is not fully recovering the costs of providing these services. FG Solutions' methodology will result in more equitable cost recovery for the District and the other JRWSS Member Agencies. Connection Fee Update, 2017 FG Solutions updated the District's water and wastewater Connection Fees in 2017. This Connection Fee update provided equitable recovery of the cost of infrastructure required to serve new development. The Connection Fees considered the cost of existing infrastructure, the condition of existing infrastructure, and how the infrastructure was funded. Developer-funded infrastructure was excluded. The District's capital improvement plan was included in the Connection Fee calculations to the extent the improvements are required to serve future development. In 2020, FG Solutions completed two follow-up assignments: A procedure to apply inflationary adjustments to Connection Fees Analysis and creation of an additional customer type for customers whose water meters are upsized to provide fire sprinkler systems. These customers were defined as "13D Customers" based on requirements of the National Fire Protection Association. This analysis recognized that water supply for fire sprinklers comes from storage and not from sources of supply. Therefore,the revised water Connection Fees for 13D customers did not include a source of supply component. Brightwater Oversight Monitoring Consultant 2014 King County Auditor's Office, Seattle, WA Mr. Griffith was retained by the King County Auditor's Office to provide oversight consulting services for a 1.8 billion wastewater system that was in construction between 2007 and 2014. He provided input to the King County Council regarding the project's cost, schedule, and risk. Recommendations were related to budgeting procedures, adequacy of contingencies, risk management, staffing, and communication of project performance to elected officials. Mr. Griffith was also responsible for the development of, on an annual basis, an independent estimate of the project cost, considering construction progress to-date and remaining potential cost risks. This input was provided on an ongoing basis through the multi-year construction phase. 0 fgSolutions Multiple Consulting Assignments: Western Municipal Water District Development Fee Update, Ongoing FG Solutions is currently updating the District's Development Fees and creating new fees and deposits for work currently performed by the District. The Study is updating 26 fees and creating nine new deposit structures. These fees and deposits are for various projects such as plan check services, construction inspection services, hot taps, fire flow modeling, and other development-related services. These fees are meant to compensate the District for work they are currently performing for customers. The work includes a benchmarking task with four other local water and wastewater utilities. Water and Wastewater Cost of Service Studies and Financial Plans In 2025, FG Solutions completed a Water and Wastewater Cost of Service Study that included a four-year financial plan. The Study resulted in an adopted four-year schedule of rate increases for the Water and Wastewater utilities, in addition to rate increases for their recycled water utility. The Study separated the District's service areas so that each service area would pay only for its unique cost of service. Rates were set to fund the District's asset replacement goals, fund its capital improvement plan, and achieve the District's reserve and coverage targets, while maintaining an affordable rate structure for their residential customers. Riverside Division Capacity Charge Study, Ongoing FG Solutions is updating water and wastewater Capacity Charges for Western Water's Riverside Division. The Riverside Division serves approximately 25,000 retail customers and is undergoing significant service area development. The key challenge of this Capacity Charge update is identifying how Capacity Charge revenues can adequately fund capital improvements needed to serve development. The project is currently on hold as Western Water updates its Master Plan to identify system extensions that would be developer funded. Murrieta Division Capacity Charge Study, 2023 FG Solutions updated water and wastewater Capacity Charges for the Western Municipal Water District Western Water) Murrieta Division. The Murrieta Division is a stand-alone retail water and wastewater service area that is separate from the remainder of Western Water's service area. The area has considerable development potential, and the Connection Fee update is evaluating the cost of existing infrastructure and future infrastructure that is required to serve future development. The wastewater Connection Fee update recognizes that sewer treatment service is provided by two different utilities. Multiple Assignments: City of Rialto, California Extension of Staff Services, 2014 - 2025 FG Solutions has completed numerous consulting assignments serving as an extension of City staff. These included: Economic evaluation of a potential service area change. FG Solutions determined it was more economical for the City to pay for lift station improvements that would enable the City to serve additional customers, than to cede the service area to another utility. Over time, the revenue from the new customers would exceed the City's investment in the infrastructure. Labor Reset Adjustment. The City contracts for O&M of its water and wastewater systems. Every four years,the amount the City is charged for labor is re-evaluated. In 2020, FG Solutions reviewed the vendor's proposal, developed a procedure for revising labor costs consistent with contractual requirements, and achieved buy-in from the vendor, City management, and elected officials. FG Solutions'work resulted in cost savings to the City of over$200,000 per year. 0 fgSolutionS Assessment of how wastewater pre-treatment services completed by third parties were charged, with the ultimate result of reducing the amount the City was charged for these services. Water and Wastewater Rate Study, 2024 FG Solutions completed a Water and Wastewater Rate Study in 2024. On July 23, 2024, the Rialto City Council adopted a rate increase and at the same time approved the return of funds transferred from the utilities to the General Fund in 2012. The 2024 Rate Study included water and wastewater cost-of-service analyses to generate defensible rate structures. The City's water rate tier structure was also updated to be consistent with new California water conservation requirements. Development Impact Fee Update, 2017 The City's water and wastewater Development Impact Fees were updated to reflect current plant investment and proposed capital improvements that benefit future development. The wastewater Development Impact Fees included a benchmarking comparison of wastewater strength (BOD and TSS) characteristics of over 50 types of non-residential connections so that the cost of wastewater treatment infrastructure could be more equitably recovered through the Development Impact Fees. Extraterritorial Rate Study, 2015 The City serves wastewater customers outside its City limits. Rates for customers outside the City limits were developed using the utility basis approach, similar to a utility regulated by a Public Utility Commission. 4 A utility basis approach contains a Revenue Requirement that is the sum of Operation and Maintenance Expenses, interest, depreciation, and a return on rate base. This method recognizes that extraterritorial customers use a system they do not own and provides a defensible cost-based way to equitably charge for services. Water and Wastewater Rate Study, 2012 A series of four rate increases was adopted in 2012 that approximately doubled water and wastewater rates. These rate increases were required to execute a 30-year Concession Agreement for operation, maintenance, and capital project financing and delivery. Obtaining City Council and public support for these increases was accomplished by a series of eight advisory committee meetings, multiple community meetings, and public hearings that were attended by hundreds of people and broadcast on local television. Concession Agreement Support, 201'2 The City of Rialto was investigating alternatives for procuring water and wastewater capital delivery and operations services.As part of this investigation, FG Solutions staff worked with the City to develop an RFP for a concession, evaluated RFP responses from a financial perspective,developed contract language, and negotiated contract terms. Consulting services included identifying the financial impacts of potential contract terms, in addition to preparing water and sewer rate studies that were implemented as part of the Concession Agreement. Key aspects of this analysis were assessing risk transfer considerations, and how future uncertainty of items like inflation, interest rates, labor costs, and development rates factor into contract negotiating positions. FG Solutions staff presented the financial and rate impacts of the Concession Agreement to elected officials and the public. 0 fgSolutions 9 Economic Feasibility Study Project Finance Advisory Limited/Confidential Client FG Solutions,as a subconsultant to Project Finance Advisory Limited(PFAL), completed part of a business case related to additional solids handling facilities at a confidential wastewater treatment plant.This project evaluated the financial feasibility of installing a combined heat and power facility that would generate electricity from digester gas. The electricity would be used within the treatment plant to offset existing electricity demands for other portions of the treatment plant. FG Solutions calculated the expected reduction in overall electricity bills, using current and projected electric rate schedules from the local electric utility. This assignment considered the diurnal patterns and seasonality of electricity use. It also required separation of the electricity generation component of electric bills from the electricity distribution of electric bills, because electricity generation and distribution services were provided by separate utilities with their own rate structures. Development Impact Fee Update, Ongoing City of Needles, California FG Solutions, as a subconsultant to TKE Engineering, is updating the City's Development Impact Fees DIF) for its water, wastewater, transportation, and parks system. The DIF update is based on the requirements of California State law and industry standards.The City has an extensive list of capital projects needed to serve development. The DIF update is identifying which projects the City will finance (and use DIFs to recover the cost)and which projects the City will require developers to finance. Multiple Consulting Assignments: Guam Waterworks Authority, Hagatna, Guam Cost of Service Study, 2021 The Guam Waterworks Authority (GWA) is a public agency providing water and wastewater service to the majority of the island of Guam. Unlike public utilities in Hawaii, GWA is regulated by a Public Utility Commission (PUC). A 2019 PUC stipulation required GWA to complete several studies addressing topics such as water loss,water demand forecasting,capital financing methods,and elimination of cesspools,and a cost-of-service analysis. FG Solutions completed the cost-of-service analysis for GWA's water and wastewater systems. A key initial step in the cost-of-service analysis was the recognition that many GWA expenses were budgeted on a combined water and wastewater basis, making preparation of separate water and wastewater revenue requirements difficult. FG Solutions developed analytical methods to equitably disaggregate water and wastewater expenses. The cost-of-service analysis was completed consistently with industry standards, such as those published by the American Water Works Association and Water Environment Federation.The cost-of-service analysis identified several cross-class subsidies, notably that residential customers were being subsidized by commercial customers and hotels. 2013 PUC Stipulation Assistance, 2016 In 2013, the PUC stipulated that GWA must address certain aspects of its water and wastewater rate structure. FG Solutions completed cost of service analyses for their water and wastewater systems, and evaluated the following rate re-structuring alternatives: Replacing the two-tier residential water rate structure with a three-tier structure Establishing fire service rates Developing a consumption-based residential wastewater rate structure 0 fgSolutions I t'. Riverside LAFCO: Murrieta Focused Municipal Services Review Riverside Local Agency Formation Commission, Riverside CA This project was completed for the Riverside Local Agency Formation Commission (LAFCO) in conjunction with Western Municipal Water District, Eastern Municipal Water District, Rancho California Water District, and the City of Murrieta. FG Solutions completed a financial analysis to evaluate which of three utilities is best suited to provide water service to a portion of Western Municipal Water District's retail service area. A 10-Year Financial Planning Model was prepared for this project. The model included a revenue requirement and rate impact analysis, with separate scenarios for each of the three utilities operating the service area. Each scenario required identification of the respective utility's financial and operational policies, rate structures, and operating/capital costs. This project was highly visible in the Murrieta area. FG Solutions have presented at the two public meetings held to date, and each meeting was attended by hundreds of residents. 0 fgSolutions Ms. Daisy Banuelos Title:Budget and Rates Manager, Finance Department Address: 14205 Meridian Parkway Riverside, CA 92518 Phone: 951)571 —7113 Fax: n/a Email: dbanuelos@wmwd.com Web: https://westernwaterca.gov Client: Western Municipal Water District Study Name: Water and Wastewater Rate Studies Study Description: Western Water provides retail water, wastewater, and recycled water services to approximately 25,000 retail customers in Riverside County. Both Rate Studies consisted of a Revenue Requirement Analysis, Cost of Service Analysis, and development of a four-year rate proposal. Year Study Performed: Study Completed in April 2025. Mr. Chris Laude Title:Acting Chief,Wastewater Division Address: 345 Kekuanao'a St., Suite 41 Hilo, HI 96740 Phone: 808)961 —8279 Email: claude@hawaiicounty.gov Web: https://www.dem.hawaiicounty.gov/about/staff Client: County of Hawaii Wastewater Division, Environmental Management Study Name: Wastewater Rate Study Study Description: The Wastewater Rate Study consisted of a Revenue Requirement Analysis, Cost of Service Analysis, and development of a five-year Rate Proposal. In addition, the study included a ten- year financial plan. The rate study is assessing the ability of wastewater rate revenues to fund necessary repair and replacement expenses. Proposed rates allow the County to pay for their operations and maintenance and repair/replacement expenses solely from rate revenues. Year Study Performed: Study began in 2023 and is ongoing. 0 fgSolutions Mr. Donald Fujimoto Title:Acting Chief,Wastewater Division Address: 4444 Rice Street, Suite 500 Lihue, HI 96766 Phone: 808)241 —4083 Fax: (808)241 -6589 Email: dfujimoto@kauai.gov Web:https://kauai.gov/PublicWorks/WasteWater- Kauai.gov Client: County of Kauai Wastewater Division Study Name: Wastewater Rate Study and Impact Fee Update Study Description: The Wastewater Rate Study consisted of a Revenue Requirement Analysis, Cost of Service Analysis, and development of a five-year Rate Proposal. The Impact Fee Update separately considers wastewater treatment and wastewater collection. As required by Hawaii State law, a Needs Assessment Study was completed.After an 18-month pause due to Covid,work on the project was resumed in late 2021 and the County Council adopted updated rates in September 2022. Year Study Performed: Study Completed in August 2022. Mr. Steve Ledbetter Title:Vice President, TKE Engineering Address: 2305 Chicago Avenue Riverside, CA 92507 Phone: 951)680-0440 Fax: n/a Email: sledbetter@tkeengineering.com Web: www.tkeenqineerinq.com Client: City of Needles, California Study Name: Development Impact Fee Update Study Description: Updating water,wastewater, transportation, and parks Development Impact Fees for the City of Needles, CA. Year Study Performed: Ongoing. 0 fgSolutions 13 Ms. Patricia Song Title:Finance Director, City of Garden Grove Address: 11222 Acacia Parkway Garden Grove,CA 92840 Phone: 714)741-5062 Fax: n/a Email: psong@ggcity.org Web: https://ggcity.org/pw Client: City of Garden Grove Study Name: Extension of Staff Consulting Services;Water Rate Study Study Description: Extension of staff consulting services have included annual budget assistance including revenue and expense projections), financial consulting for an insurance claim, and revenue projections to support a bond rating presentation. The 2018 Water Rate Study allowed the City to implement a much-needed capital improvement plan. The rate structure was changed to improve revenue stability and establish cost-justified rates consistent with California's Proposition 218. A low-income/senior discount was implemented to reduce the financial impacts of increased fixed charges on a vulnerable population. The 2024 Water Rate Study addressed the financial impacts of installing and operating PFAS treatment facilities,and it addressed the effects of ongoing water conservation. Year Study Performed: Extension of Staff Consulting Services (2019 —2026); Water Rate Study (2024); Water Rate Study(2018) 0 fgSolutions 14 Section 5: Any Promotional or Descriptive Literature the Firm Desires to Submit FG Solutions is a California based financial and management consulting firm. Our clients are utilities in the water, wastewater, stormwater, recycled water, and solid waste industries. Our services include utility rate studies,financial planning,connection and impact fee studies,business case evaluations,and financial feasibility evaluations. We work with our clients as they make policy decisions, by clearly articulating options to utility management,elected officials,and the public. In addition to these services, FG Solutions also offers Extension of Staff services. Extension of Staff is a way for our clients to get some tasks or small projects done without having to impact staff time. Examples of Extension of Staff Services: City of Garden Grove, CA Annual Pass-through calculation for purchased water Annual budget assistance, including revenue projections and water treatment expense projections Financial Consulting for an Insurance Claim Revenue projections to support a bond rating presentation City of Rialto, CA Review of AMI Business Case Pretreatment Fee Benchmarking and Evaluation Business case,evaluating a potential service area extension Revised labor costs calculations,consistent with the City's concession agreement terms South Coast Water District, CA Joint Regional Water Supply System (JRWSS) evaluation of the existing governance agreement and the financial analysis of cost allocation and overhead charges Stranded cost calculation and documentation of the District's abandoned facilities Western Municipal Water District(WMWD), CA Riverside Water Quality Control Plant (RWQCP) Review. Evaluation of existing governance agreements and the financial analysis of cost allocation procedures. For more information, please visit www.fg-solutions.com. 0 fgSolutions FG Solutions has provided services to clients across the country, including those listed below. CLIENT PROJECT TYPE Alderwood Water and Wastewater District, WA W, WW, FP, DIF Baltimore City and Baltimore County BC Best, Best& Krieger, CA (Confidential Client) BC City of Bell, CA BC, ES City of El Monte, CA W, WW, FP City of Exeter, CA W, WW, FP City of Garden Grove, CA W, FP, ES City of Kirkland, WA BC City of Lake Charles, LA W, WW, FP City of Marysville, WA ES City of Monroe, LA WW, FP City of Needles, CA DIF City of Rialto, CA W, WW, RW, FP, DIF, BC City of San Bernardino, CA WW, FP City of Sequim, WA FP City of Shreveport, LA W, WW City of Sulphur, LA W, FP City of Visalia, CA BC County of Hawai'i, HI WW, FP County of Kaua'i, HI WW, RW, FP, DIF DeSoto Parish Waterworks District#1, LA W, FP East Baton Rouge Sewerage Commission, LA WW, FP Greater Ouachita Water Company, LA W, FP Guam Waterworks Authority W, WW Joint Regional Water Supply System, CA BC King County Auditor's Office, WA BC King County Wastewater Treatment Division, WA BC Navajo Tribal Utilities Authority, AZ W, WW, FP Project Finance Advisors LTD, CA(Confidential Client) BC Riverside Local Area Formation Commission, CA FP, BC Riverside Water Quality Control Plant, CA ES San Bernardino Municipal Water District, CA W, WW, FP Snohomish County Surface Water Management Division BC South Coast Water District, CA DIF, BC, ES Southwest Resource Services, CA BC, FP St. James Parish, LA W, FP Terrebonne Parish Waterworks District#1, LA WW, FP Thurston County PUD#1, WA W, FP 0 fgSolutions CLIENT PROJECT TYPE Town of Ebarb, LA W, FP Town of St. Francisville, LA WW, FP West Feliciana Parish Consolidated Waterworks District#13, LA W, FP Western Municipal Water District, CA W, WW, FP, RW, DIF Legend: W:water system rates WW:wastewater system rates RW: recycled water rates FP:financial planning ES: extension of staff BC: business case DIF: development impact fees 0 fgSolutions