Bruce Kimmel
It is always a unique challenge and opportunity to help each client define its objectives, evaluate possible approaches, then develop and execute a solution that is financially viable today and in future years.

Bruce Kimmel

Senior Municipal Advisor
Bruce Kimmel

Bruce brings more than 25 years of municipal and financial advisory experience to his clients in Minnesota, Colorado and Kansas. His practice focuses on financing public utility infrastructure and other capital improvements, as well as analyzing and negotiating many forms of public participation in private development projects. His knowledge of capital budgeting and infrastructure finance helps Ehlers’ clients find creative, effective ways to fund essential improvements while also mitigating future fiscal risks for the community.

Bruce lives in St. Paul with his wife Meghan and their three children Gavin, Clare and Laura. Away from work, Bruce enjoys traveling, reading historical fiction and trying not to break his 130-year-old home.


Focus Areas

Debt Issuance & Management

  • Analysis & Presentation of Financing Options
  • General Obligation and Revenue Bonds
  • Refundings
  • Client Representation to Bond Market and Credit Rating Agencies

Economic Development & Redevelopment

  • Tax Increment & Tax Abatement
  • TIF and Tax Abatement Bonds / Developer “Pay As You Go” Notes
  • Developer Selection and Negotiations
  • Developer Pro Forma Analysis / But-For Test
  • Project Management Services

Financial Management Planning

  • Utility Rate Analysis
  • Fiscal Impact Analysis
  • Debt Management
  • Financial Management Planning
  • Capital Improvement Planning

Licenses & Certifications

Certified Independent Professional Municipal Advisor
Series 50 License: Municipal Advisor Representative
Registered Municipal Advisor
Economic Development Finance Professional

Professional Affiliations & 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

Education

Bachelor’s Degree in Political Science (Magna Cum Laude), Amherst College
Master’s Degree in Public Policy, Harvard University John F. Kennedy School of Government

Notable Projects

Centennial & Basalt – managed economic development projects for both cities

Cook County-Grand Marais Economic Development Authority – advised on the financing of $2.2 million in golf course improvements

Mission – advised on bonds totaling over $52 million for the city, including refunding, lease purchase revenue notes and sales tax revenue bonds