Scott Shearer joined Public Financial Management, Inc. in its Pennsylvania Municipal Group in 1998 and in 2010 was promoted to Managing Director. In his tenure at PFM, Mr. Shearer has worked on over 750 transactions for local governments and other authorities in Pennsylvania. He is highly renowned in the municipal finance market as an expert in handling complicated transactions often involving complex and intertwined financing techniques.As a partner of PFM in the Pennsylvania Municipal Group, Mr. Shearer serves approximately 250 clients comprised of municipal authorities, school districts, cities, counties and townships. Mr. Shearer is a member of the firm�s national utility cluster as well. His expertise includes the structuring of both tax-exempt and taxable fixed rate bond issues, variable rate bond pool financings, bank loans and interest rate swap derivatives. In this capacity, he assists local governments in the areas of capital planning, financial analysis, refinancing opportunities, debt structuring analysis and budget forecasting.One of Scott�s particular areas of expertise lies in the complicated field of variable rate financings and interest rate swaps. Following the financial downturn in late 2008, Mr. Shearer was instrumental in assisting and advising many local governments throughout the Commonwealth on the most cost efficient way to manage their increasing debt burden, developing innovative and effective solutions.In addition to utility and general credits in the Commonwealth, Mr. Shearer has also led project teams for very significant economic development financing including the Allentown Neighborhood Improvement Zone Development Authority and many other TIFs. Most recently, Mr. Shearer is also very active in the public private partnership sector, with a focus on utilities, leading the first of its kind procurement process for the concession lease successfully completed in Allentown in August 2013.He is a graduate of the Pennsylvania State University with a degree in Actuarial Science.
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