Ehlers, Inc.

Gary Olsen, CIPMA

Gary Olsen, CIPMA

Senior Municipal Advisor/Vice President

(651) 697-8513
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Gary has been a Municipal Advisor in the Ehlers’ Roseville office since 1999 assisting Minnesota school districts design and implement financial solutions. Prior to joining Ehlers he was an education finance specialist for the State of Minnesota for 22 years. One of Gary’s greatest contributions to Ehlers and our clients is his understanding of state education finance statutes and formulas, property tax analysis, legislative analysis, and revenue projections.

Areas of Expertise

Debt Planning and Issuance

  • Analysis & Presentation of Alternative Financing Options, Plans And Tools
  • Property Tax Impact Analysis
  • Preparation of Information for Publication and Presentation
  • Voter-Approved Building Bonds
  • Maximum Effort Capital Loans
  • Alternative Facilities Bonds
  • Capital Facilities Bonds
  • Qualified Zone Academy Bonds (QZAB’s)
  • Cash Flow Borrowings
  • Refundings
  • Lease Purchase Loans
  • Arbitrage Rebate Services

Operating Referendum Planning & Assistance
Capital Projects Levy Assistance
Truth in Taxation Hearing Presentations
TIF and Abatement Analysis
Assistance with Legislative Initiatives
Lease Levy Approval

Licenses and Certifications

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

Professional Memberships

  • Minnesota Association of School Business Officials
  • Minnesota Association of School Administrators
  • Minnesota School Boards Association


  • Bachelor of Arts (Sociology),
    Augsburg College-Minneapolis, MN
    Honors: Cum Laude
  • Graduate Work in Education,
    University of St. Thomas-St. Paul, MN

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