Alicia Gage

Alicia Gage

Senior Financial Analyst
Alicia Gage

Alicia is a Senior Financial Analyst with our Minnesota Municipal Finance Team. Prior to joining Ehlers in 2011, she served as a Municipal Finance Project Manager working with local governments in Iowa, Kansas, Minnesota, Missouri, North Dakota and Wisconsin. She leverages extensive experience with financial analysis software to develop tailored models that exceed our clients’ expectations. Alicia helps 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 with her family and beloved dog.

Focus Areas

Debt Issuance & Management

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

Financial Management Planning

  • Debt Management
  • Financial Management
  • Capital Improvements

Licenses & Certifications

Certified Independent Public Finance Advisor
Series 50 License: Municipal Advisor Representative

Professional Affiliations & Memberships

National Association of Independent Public Financial Advisors


Bachelor’s Degree in Finance, University of Minnesota Carlson School of Management