Richard Barch, Founder and Chief Executive Officer of Stauder, BARCH & ASSOCIATES, INC., Michigan’s largest municipal bond advisors for over 48 years. The firm completed over 4,500 financings with school districts, cities, and countys; including financing for school bonds, sewage, drains, airports, and community colleges. Mr. Barch has been a pioneer in the development of innovative financings such as: the first increment, jail, co-generation, resort authority, taxable county revolving fund and energy savings financings in the State.
In response to the need for energy retrofit in Michigan cities and schools, Mr. Barch originated and implementad the concet of “pay as you go financing” which facilitated the enactment of Public Act 431 (Act 22) the “Energy Act” enabling more than 150 Michigan municipalities to be more energy efficient. He originated and successfully implemented similar legislation in Ohio with the enactment of H.B. 264 in the fall of 1985. Additionally, his firm was also appointed by the Michigan State Treasurer to act as Financial Advisor to the State of Michigan Municipal Bond Authority. Mr. Barch has substantial experience in working with Moody’s Investors Service, Inc. and Standard & Poor’s Corp., and has improved more credit ratings for Michigan Municipalities than any other firm in Michigan.
Mr. Barch is a graduate of the University of Oklahoma and also attended the Wharton School of Business at the University of Pennsylvania. Mr. Barch also received an honorary Doctorate from Lake Superior State University.