Alicia Gage, CIPMA

Alicia Gage, CIPMA

Senior Financial Analyst
Alicia Gage, CIPMA

Alicia is a Senior Financial Analyst with our Minnesota and Colorado city teams. Prior to joining Ehlers in 2011, she served as a municipal finance project manager working with local governments in Minnesota, Kansas, Iowa, North Dakota, Wisconsin, and Missouri. She leverages extensive experience with financial analysis software to develop tailored models that exceed our clients’ expectations. Alicia assists local and regional governmental clients construct and implement long term debt management strategies. Her special areas of expertise include debt structure and documentation, refundings and cash defeasances, multi-issue and multi-purpose debt structures, and financial analysis using Munex and Excel.

In her free time, Alicia loves to read, take family adventures around the Twin Cities and revel in the live music scene. She lives and Blaine, Minnesota with her family and beloved dog.

Areas of Expertise

Debt Planning and Issuance

  • Alternative Financing Plans & Tools
  • Lease Revenue Financing
  • Refundings/Cash Defeasances
  • Debt Service Fund/Cash Flow Analysis
  • Housing Revenue Bonds
  • Electric Revenue Bonds

Financial Planning

  • Debt Management
  • Financial Management
  • Capital Improvements


Bachelor of Science – Finance, University of Minnesota Carslon School of Managment


Certified Independent Public Finance Advisor
Series 50 License

Professional Affiliations & Memberships

National Association of Independent Public Financial Advisors