Keygent provides strategic and technical municipal advisory services to California school and community college districts.
Our distinguishing characteristic is our rigorous quantitative approach, including financial modeling, interest rate analysis, and bond pricing expertise. This knowledge allows us to present multiple financing options for every situation.
Exclusive Focus on California Education
Keygent is a California-based, minority-owned firm serving only California K-14 districts. We neither serve out-of-State issuers nor non-educational entities. This specialization gives us a deep understanding of the nuances in California education bonds.
Independent Municipal Advisory Firm
Keygent serves solely as an independent municipal advisor, with no conflicting interests to compromise our fiduciary responsibility.
Watch some of our educational content
Within the past few years, the concept of the repayment ratio (or debt ratio) has gained traction as a metric for assessing a bond financing’s cost-effectiveness. The repayment ratio is equal to a financing’s total debt service divided by its principal amount. Learn more about bond repayment ratios.
Assessed value (“AV”) is the dollar amount of taxable property within district boundaries on a county assessor’s roll. Taxable property includes residential property such as single family homes, condos and apartments, and non-residential property such as commercial, industrial and agricultural properties. Learn what assessed value is in the blog post.
The Santa Monica LOOKOUT published the article titled, “Santa Monica-Malibu Unified
School District Receives Prime Bond Rating,” which quoted Keygent’s Managing
Director, Anthony Hsieh. Keygent advised Santa Monica-Malibu Unified School District
on a $60 million general obligation bond financing as the third issuance of its Measure
Keygent LLC Ranked Among Top California Education Municipal Advisors in 2016 Keygent LLC (“Keygent”) completed 39 California K-14 municipal bond financings totaling $1,896.4 billion in 2016, according to Thomson Reuters. Keygent is proud to serve California public education as an independent financial advisor.
California school and community college districts frequently issue general obligation bonds (“GO Bonds”) to finance their large capital projects such as construction, modernization, renovation or equipping of educational facilities. GO Bonds must be approved by voters within district boundaries. Voters approve the total amount of bonds that can be issued (the authorization amount) and what the funds can be spent on (the project list).
Most kids don’t know what they want to do when they grow up. However, from an early age I was exposed to the financial services industry from my parents, and because of this, I became interested in this field. As a business major, getting a summer internship at Keygent was a huge opportunity.
Municipalities such as school and community college districts can finance their project needs using municipal bonds. Bonds are a debt similar in concept to a homeowner obtaining a mortgage from a bank to purchase a home.
Keygent was recently mentioned in an article in The Signal, Santa Clarita Valley, “Newhall Board to consider additional space for Head Start Program.” Keygent served as financial advisor to Newhall School District in connection with their $60 million Measure E general obligation bond financing…