Organizational And Management Consulting
- Infrastructure Management / GASB 34
- Asset Management Programs
911-A Commerce Road, Annapolis, MD 21401 P: 410.266.9101 F: 410.266.5545
Edward Donahue (President) – Mr. Donahue established the Municipal & Financial Services Group more than 35 years ago and has served as its director ever since. His relevant experience includes cost of service, rate and feasibility work for more than 125 clients, including work for cities, counties and special purpose authorities and commissions in Alaska, California, Connecticut, Delaware, the District of Columbia, Illinois, Kentucky, Maine, Maryland, Massachusetts, New York, North Carolina, Ohio, Pennsylvania, Virginia and others. Recent client work includes rate work for the City of Wilmington, New Hanover County and the Lower Cape Fear Water & Sewer Authority in North Carolina; the establishment of a stormwater utility in Auburn, Massachusetts; a five-year business plan for the Cleveland Water Division and that City’s Water Pollution Control Division; a governance study for the District of Columbia Water & Sewer Authority, as well as rate and fee advice; rate and fee consulting for the New York City Water Finance Authority; organizational and operational advice for the Anchorage Water & Wastewater Utility; a financial feasibility study for the Town of Leesburg, Virginia; cost of service and rate studies for Glenview and Orland Park, Illinois; and sale of a water system for West Manheim Township, Pennsylvania. He has served as chairman of AWWA’s Finance, Accounting and Management Controls Committee and currently chairs that organization’s GASB 34 Task Force; he recently served on a special committee to revise and update Water Utility Accounting, a textbook sponsored jointly by AWWA and GFOA. He has been accredited and served as an expert witness in accounting, contract, construction and rate matters.
David Hyder (Vice President) – Mr. Hyder is Vice President of MFSG and has fourteen years of experience in water, wastewater, stormwater and solid waste systems. Mr. Hyder’s cost of service and rate work experience includes prior studies he has managed for Loudoun Water, as well as for the City of Fullerton, California; Cleveland Water and Water Pollution Control Divisions; Albemarle, Fauquier, James City, Prince William and Washington County Service Authorities, Virginia; the Cities and Towns of Chincoteague, Fredericksburg, Leesburg, Madison, Purcellville and Warrenton, Virginia; the Pittsburgh Water & Sewer Authority, Pennsylvania; Mohawk Valley Water Authority (Utica, New York); and several municipal utilities in Illinois, Kansas, Missouri and Ohio. He has managed a project to establish a new regional water and sewer authority serving the area in and around Wilmington, North Carolina, and assisted the Southeastern Public Service Authority (Chesapeake, VA) in negotiating the sale of its waste-to-energy facility. He is a member of AWWA’s Rates and Charges Committee and recently assisted in authoring portions of the recent update to the AWWA Manual M1 Principles of Water Rates, Fees, and Charges. His engineering experience includes development of water and sewer master plans for the Wicomico County/City of Salisbury, Maryland, Anne Arundel County, Maryland and Winchester/Frederick County, Virginia, and demand and consumption studies for DC Water and Sewer Authority and the Washington Suburban Sanitary Commission.
Michael Maker (Manager) – Mr. Maker is a manager in the Municipal & Financial Services Group, has more than ten years of professional experience in the financial and management consulting industry. Recent client work includes a water cost of service and rate study for the City of Rochester, New York; an operational and efficiency review for the City of Danville, Virginia; a cost of service and rate study for wastewater rates for both Hampton and Newport News, Virginia; water and sewer cost of service / rate work for the James City Service Authority; a solid waste rate study for Fredericksburg, Virginia; water and wastewater rate studies for Frederick County, Maryland; a cost of service and rate study for Cecil County, Maryland; and a water rate study for the Town of Elkton, Maryland. Management and organizational consulting experience includes studies for James City County and the James City Service Authority, Virginia and Newport Water Division, Rhode Island. Additional consulting experiences includes the development of cost of service cash flow models involving rate design, fee design and customer impact analyses for water, wastewater, stormwater and solid waste utilities within the Mid-Atlantic and Northeastern regions. He recently obtained his MBA in Finance from the Sellinger School of Business and Management at Loyola University and has a bachelor’s degree in Economics with a minor in Electrical Engineering from the University of Rochester. He is an active member of AWWA, WEF and GFOA and a current member of AWWA’s Finance, Accounting and Management Controls Committee and Workforce Strategies Committee.
Tracey Moher (Manager) – With seven years of professional experience, Mrs. Moher has been able to apply financial and consulting experience to support the principals of MFSG. Her experience consists of the development of cost of service models involving rate/fee design for jurisdictions in several states including Illinois, Kansas, Maryland, Missouri and Virginia, as well as stormwater utility feasiblitiy and implementation studies for the Villages of Downers Grove and Winnetka, IL and The Town of Centreville and Anne Arundel County, Maryland. She has also completed cost of service and rate studies for the Cities of Portsmouth, NH and Geneva, Moline and Wheaton in Illinois. She has assisted in an operational and efficiency review for the City of Danville, Virginia. Tracey obtained her undergraduate degree in Accounting from the University of Pittsburgh. She is a member of AWWA and part of the AWWA Spring Committee.
Eric Callocchia (Senior Associate) – Mr. Callocchia is a Senior Associate in the Municipal & Financial Services Group, applying economic, mathematical and financial skills to a broad range of projects for clients. He has experience with both rate modeling and cash flow simulations. His recent work has focused on cost of service studies for Loudoun County and King George County, Virginia; the City of Fullerton, California; Hampton, Virginia; Newport News, Virginia; Falls Church, Virginia; The City of Olathe, Kansas, and the Washington County Service Authority, Virginia. He has also participated in cost of service and management studies for the Town of Barnstable, Massachusetts, the Delaware Solid Waste Authority, the City of Fredericksburg, Virginia and Cleveland Water Control Division.
Darren Leu (Associate) – Mr. Leu is an Associate in the Municipal and Financial Services Group, applying financial analysis and assisting the project manager on a range of projects ranging from water, sewer, stormwater, solid waste, and organizational studies. His recent projects include a wholesale water rate study for the City of Effingham, Illinois; a solid waste rate study for the City of Hampton, Virginia; a fiscal impact Study for the Rockville Pike in the City of Rockville, Maryland; stormwater implementation support for the Village of Winnetka, Illinois; a water and wholesale water rate study for the City of Rochester, New York; a sewer cost of service analysis for Summit County, Ohio; a stormwater fee study for the City of Norfolk, Virginia; a stormwater in-lieu fee study for the City of Rockville, Maryland; and a management study for the Frederick-Winchester Service Authority in Virginia. He obtained bachelor’s degrees in Economics and Public Policy Studies from St. Mary’s College of Maryland and is a current member of AWWA.