Policy Analytics

What Policy Analytics does

Policy Analytics, LLC is an Indianapolis-based professional services firm founded in 2004 that delivers economic research, public finance, and policy analysis to Indiana public sector organizations. Its client base centers on K-12 school corporations, municipal and county governments, and regional development authorities, with a geographic footprint restricted to Indiana. The firm operates a single headquarters at 115 W Washington St., Suite 425 in Indianapolis and employs 11-50 professionals.

The firm's core technology is a proprietary Local Government Revenue Model that performs parcel-level property tax forecasting and circuit breaker cap credit estimation for any taxing unit, supplemented by cash flow modeling systems that produce 10-year forecasts at the account and object-code level for school district major funds, and an internal data analytics database used for expenditure analysis and peer benchmarking. These tools are deployed across three service lines: School Services (revenue forecasting, cash flow modeling, strategic planning, referendum analysis, peer comparisons), Local Government Services (property tax forecasting, Tax Increment Financing analysis, fiscal impact analysis), and Fiscal and Economic Policy Analysis (economic impact analysis, transportation economics, strategic and comprehensive planning).

Policy Analytics monetizes through project-based and retainer consulting engagements priced per scope, with no publicly disclosed rates. Go-to-market is sales-led and relationship-driven: the firm uses Calendly-scheduled consultations, an email newsletter, and content marketing, supplemented by industry-association sponsorships (IASBO, Indiana Urban Schools Association) to reach superintendents, school business officials, mayors, and county leaders. The firm is privately held, founder/management-owned, with no external institutional capital and no disclosed revenue. Its recent April 2026 acquisition of Michael A. Reuter Consulting Services, Inc. consolidated a complementary 30-year Indiana local government finance practice into the firm.

Name

Policy Analytics

Legal name

Policy Analytics, LLC

Website

https://policyanalyticsllc.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

11–50 employees

Short description

Policy Analytics is an Indianapolis-based public finance consulting firm founded in 2004 that provides parcel-level property tax forecasting, cash flow modeling, and fiscal policy analysis to Indiana school corporations, municipalities, and counties using its proprietary Local Government Revenue Model.

Ownership category

akta.pro rank

Product category

Public Finance Consulting and Economic Policy Analysis

SIC

Services-Engineering, Accounting, Research, Management (8700), Services-Management Consulting Services (8742)

akta.pro primary industry

Public Sector & Policy Consulting (BPAHACAN)

akta.pro secondary industries

Policy, Regulatory & Public Affairs Research (BPAHALAF), Revenue Intelligence, Analytics & Risk Management (BPAIADAL)

Keywords

• Public finance consulting
• Property tax forecasting
• School district financial planning
• Fiscal impact analysis
• Local government revenue modeling

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional Consulting Services: Project-based and retainer consulting engagements for public sector fiscal policy analysis, revenue forecasting, and strategic planning services for school corporations and local governments in Indiana.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Policy Analytics is a public finance consulting firm that provides revenue forecasting, cash flow modeling, property tax analysis, fiscal and economic impact analysis, and strategic planning services to Indiana school corporations, municipal and county governments, and regional development authorities. Its work is anchored by a proprietary Local Government Revenue Model that performs parcel-level property tax forecasting including circuit breaker cap credit estimation, alongside 10-year cash flow forecasts and TIF performance analyses delivered through project-based and retainer consulting engagements.

Product overview

Policy Analytics offers a unified suite of public finance and policy analysis services centered on its proprietary Local Government Revenue Model. The core offerings comprise School Services (revenue forecasting, cash flow modeling, strategic planning, and data analytics), Local Government Services (property tax revenue forecasting, Tax Increment Financing analysis, and fiscal impact analysis), and Fiscal and Economic Policy Analysis (economic impact analysis, transportation economics, and strategic comprehensive planning). These services work together to help public sector leaders make confident fiscal policy decisions.

Differentiator

Problem solved

Functional benefit

Products and services

• School Services Revenue forecasting and cash flow analysis for Indiana school corporations, including property tax revenue forecasting, 10-year cash flow modeling, strategic planning, expenditure analytics, and peer comparison reviews; built around the firm's proprietary Local Government Revenue Model.
• Local Government Services Financial modeling and economic policy decision support for Indiana municipal and county governments, including property tax revenue forecasting, Tax Increment Financing (TIF) analysis, and fiscal impact analysis using the firm's proprietary data models.
• Fiscal and Economic Policy Analysis Strategic planning support providing a fiscal policy perspective for communities, including transportation economics, strategic and comprehensive planning, and economic impact analysis using professionally accepted methodologies and econometric models.
• Cash Flow Modeling Cash flow modeling service for school districts that provides current calendar year projections, 10-year forecasts at account and object code level, monthly cash flow trend analysis, and professional monthly one-page summaries for district communication.
• Property Tax Revenue Forecasting Property tax revenue forecasting service that produces tax base forecasts and estimates circuit breaker cap credits for any taxing unit by modeling property taxes on a parcel basis, including forecast data on debt service, operations, and operating referendum revenue.
• Tax Increment Financing (TIF) Analysis Tax Increment Financing service that uses custom mapping, data models, and pro forma tools to manage TIF data, evaluate performance, model TIF revenues and phasing, and assess implications for neighboring taxing units.
• Economic Impact Analysis Analysis of employment and economic impact of public policy initiatives and economic development proposals using professionally accepted methodologies and econometric models.
• Fiscal Impact Analysis Framework service that evaluates the fiscal implications of complex policy decisions, estimates financial and tax implications, and creates metrics and benchmarks for fiscally sustainable public policy.
• Transportation Economics Analysis of transportation network connections to the regional economy, quantification of transportation improvement impacts, and modeling of transportation funding sources.
• School District Data Analytics and Peer Comparison Data analytics service that supports school districts with expenditure analysis, peer comparison reviews on revenues and expenditures, and data visualization using mapping and reporting frameworks.
• Strategic Planning for School Districts Strategic planning service for school districts covering fiscal framework development for policy decisions, referendum impact analysis, legislative change impact assessment, and long-range financial planning.
• Strategic and Comprehensive Planning for Communities Strategic and comprehensive planning service for communities that supplements engineering and planning disciplines with fiscal and economic sustainability elements, backed with realistic funding strategies.

Quantifiable outcome

• Parcel-level property tax revenue forecasting with circuit breaker cap credit estimation
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered major, core and minor.

• Michael A. Reuter Consulting Services, Inc.majorStrategic or Co-development Partner · 8 April 2026Mike Reuter brings over three decades of experience in Indiana local government finance, with a consulting practice focused on financial management needs of Indiana schools, cities, counties, townships, and libraries. Beginning in 2026, Mike joined forces with Policy Analytics to expand capacity and bring combined expertise to bear on complex fiscal policy decisions.
• Indiana Association of School Business Officials (IASBO)coreOthersPolicy Analytics is a proud sponsor of IASBO and actively participates in the organization's professional development and networking activities for school business officials across Indiana.
• Indiana Urban Schools AssociationminorOthersPolicy Analytics is a proud sponsor of the Indiana Urban Schools Association.

Scale indicators2 records

Direct peers

• Ice Miller LLP: Major Indiana-headquartered law firm with a substantial public finance practice serving as bond counsel and financial advisor to Indiana school districts and municipalities (and former employer of Policy Analytics' Jane Herndon). Comparable in serving the same Indiana K-12 and local government clients on financing and fiscal matters.
• Springsted Incorporated: Public sector financial advisory firm providing planning, financial management, and management consulting services to cities, counties, school districts, and other public entities across the Midwest. Closely comparable in scale and service mix to Policy Analytics' local government and school finance offerings.
• CliftonLarsonAllen (CLA): Top-10 U.S. accounting and advisory firm with a dedicated public sector practice serving K-12 schools, municipalities, and counties across the Midwest. Comparable in providing school district financial planning, forecasting, and advisory services.
• Baker Tilly: Major national advisory firm with a significant public sector practice including school district financial advisory, municipal consulting, and property tax analytics. Comparable in serving K-12 and local government clients with forecasting, modeling, and strategic planning services.
• Plante Moran: Top-30 U.S. accounting and advisory firm with a dedicated K-12 schools and local government consulting practice serving Michigan, Indiana, Ohio, and other Midwest states. Closely comparable in providing school district revenue forecasting, financial planning, and fiscal advisory services to public sector clients.
• Wipfli LLP: Top-25 U.S. accounting and advisory firm with a dedicated Education and Local Government practice serving K-12 schools and municipalities across the Midwest. Comparable in providing financial forecasting, budgeting, and strategic planning services to public sector clients.
• Crowe LLP: Top-10 U.S. public accounting and consulting firm with a Government and Public Sector practice serving K-12 schools, higher education, and municipalities. Comparable in providing school district financial advisory and local government consulting services.
• FORVIS: Top-10 U.S. accounting and consulting firm (formed from the merger of BKD and Dixon Hughes Goodman) with a substantial public sector practice serving schools, municipalities, and counties across the Midwest. Comparable in providing school finance, revenue forecasting, and local government advisory services.
• Umbaugh: Indiana-based municipal financial advisory firm providing financial planning, bond advisory, and rate studies to cities, towns, counties, and school corporations throughout Indiana. Most direct geographic competitor in the Indiana public sector fiscal advisory niche.

Broad incumbents

• PFM Group: Large independent financial advisory firm specializing in public sector clients nationwide, providing financial advisory, consulting, and investment services to state and local governments. Comparable as a broad public finance advisory competitor, though significantly larger and more diversified than Policy Analytics.

Market position

Strengths5 records

Weaknesses5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Policy Analytics