When school systems run into deficits, too often the solution involves raising property taxes, or worse, allowing educational quality to deteriorate. When public transit authorities or municipal hospitals encounter financial problems, too often the solution involves raising fares, cutting service or closing facilities. When state and local governments face daunting budget gaps, too often the citizens most in need are left behind.
Alvarez & Marsal Public Sector Services helps public sector entities identify new ways to overcome challenges and implement sustainable change – pioneering an approach based on operational and financial improvement principles that have proved powerful in the private sector.
As the first professional services firm specializing in corporate restructuring to be hired by a public school district to implement reform, Alvarez & Marsal has amassed an unparalleled track record, working with districts in St. Louis, New Orleans, before and after Hurricane Katrina, Wilmington, Delaware and New York City. The experience of the firm’s professionals also includes the U.S. Department of Defense, Orange County, California, and the Southern Australia Racing Commission, among other assignments.
Charity Comeback
The Chronicle of Philanthropy
10/4/2007
Summary: Fenty Unveils Plan for Schools
The Washington Post
10/4/2007
On Track in St. Louis
The New York Post
2/13/2007