Conway MacKenzie is engaged as the operational restructuring advisory to a large municipality with $2.5 billion in revenue and $18 billion in liabilities.
Conway MacKenzie is assisting the municipality in evaluating, developing, negotiating and executing the short and long-term operational restructuring actions the Municipality will undertake to achieve improved service delivery, structural cost savings, enhanced revenue generation and eliminate the deficit. Key areas of focus for Conway MacKenzie include: (1) General Fund departments with significant revenues, expenditures, and/or outstanding A/R balances, (2) Enterprise Fund departments with significant subsidies from the General Fund, (3) common processes impacting departments across the Municipality (e.g. collections, finance, treasury, IT, HR, etc.), (4) redundancies across departments/agencies.