Ehlers, Inc.

Bruce Kimmel, CIPMA

Bruce Kimmel, CIPMA

Senior Municipal Advisor/Director

(651) 697-8572
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Bruce joined the Ehlers Roseville office as a Municipal Advisor in 2008. Bruce assists city, county, development authority, and regional governmental clients with financial management and community development issues. Prior to joining Ehlers, he gained 12 years of economic development and public finance experience with the City of Saint Paul and a regional public sector advisory firm. One of Bruce’s greatest contributions to Ehlers and our clients is his ability to analyze, present and implement financing solutions for a wide variety of public infrastructure projects.

Areas of Expertise

Debt Planning and Issuance

  • Analysis & Presentation of Alternative Financing Options, Plans and Tools
  • Lease Revenue Financing
  • Housing and Electric Revenue Bonds
  • Bond Refundings / Cash Defeasances
  • Non-Profit and Industrial Revenue Bonds
  • Debt Service Fund / Cash Flow Analysis
  • Client Representation to Bond Market and Credit Rating Agencies
  • Arbitrage Rebate Services

Special Financial Studies

  • Utility Rate Study/Analysis
  • Fiscal Impact Study/Analysis
  • Merger/Annexation Impact Analysis
  • Management/Internal Staffing Needs Study

Strategic and Financial Planning

  • Debt Management
  • Financial Management Planning
  • Capital Improvements Planning

Economic, Housing Development & Redevelopment

  • Tax Increment District Creation & Amendment
  • Tax Abatement Project Creation & Amendment
  • TIF and Tax Abatement Policy Development
  • TIF and Tax Abatement Cashflow Analysis
  • TIF and Tax Abatement Bonds / Developer “Pay As You Go” Notes
  • Downtown Redevelopment and Revitalization
  • Affordable Housing Development
  • Developer Attraction and Selection
  • Developer Proforma / But For Analysis
  • Developer Incentive Negotiations
  • Project Management Services
  • TIF Revenue Projection Update

Public Participation

  • Public Participation Process
  • Community Survey/Communications/Newsletters

Licenses and Certifications

  • Series 50 License
  • Certified Independent Professional Municipal Advisor (CIPMA) by the National Association of Municipal Advisors (NAMA)
  • Economic Development Finance Professional

Professional Memberships

  • Minnesota Government Finance Officers Association
  • Municipal Clerks and Finance Officers Association of MN
  • Economic Development Association of Minnesota
  • National Assoc. of Housing & Redevelopment Officials


  • Bachelor of Arts, (Political Science)
    Amherst College, Amherst, MA
    Honors: Magna cum laude
  • Masters (Public Policy)
    John F. Kennedy School of Government, Harvard University, Cambridge, MA

Case Studies and Articles

Emily, MN

Nowthen, MN

Green Bonds: More Than a Fad but Not Yet FantasticMinnesota Cities Magazine, July-August, 2016

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