Nick Anhut
This company always puts clients first. I enjoy digging into the opportunities and challenges our clients face and framing a financial solution that works and betters their communities.

Nick Anhut

Senior Municipal Advisor
Nick Anhut

Nick is a Senior Municipal Advisor with our Minnesota Municipal Finance Team where he works to design, negotiate and communicate innovative solutions to meet his clients’ capital and development financing needs. Nick has a thorough understanding of rating agencies’ credit analysis methodologies, which helps him identify future fiscal risks for clients and guide them through the rating process. Prior to joining Ehlers, he amassed strong local government experience working for Carver County, Minnesota. Nick also served seven years as an Active Duty Aviation Officer in the U.S. Army.

Nick is a Minneapolis resident with a family of four. He enjoys spending free time traveling with family, mountaineering and catching just about any sporting event in town.

Areas of Expertise

Debt Issuance & Management

  • Debt Management Policies
  • Debt Planning, Structure & Issuance
  • Client Representation to Bond Market & Credit Rating Agencies

Economic Development & Redevelopment

  • Tax Increment Financing Services
  • Developer Selection & Negotiation
  • Developer Pro Forma Analysis / But-For-Test
  • Tax Abatement
  • Special Legislation Strategies

Financial Management Planning

  • Planning & Goal Setting
  • Studies & Analyses
  • Budgeting & Benchmarking
  • Capital Improvement Planning
  • Debt Management Studies

Licenses & Certifications

Certified Independent Professional Municipal Advisor
Series 50 License: Municipal Advisor Representative

Professional Affiliations & Memberships

Minnesota Government Finance Officers Association
Municipal Clerks and Finance Officers Association of Minnesota
The Association of Public Management Professionals of Minnesota
Economic Development Association of Minnesota


Bachelor’s Degree in Political Science, University of Notre Dame
Master’s Degree in Public Policy, University of Minnesota Humphrey School of Public Affairs

Community Involvement

Minneapolis Public Schools – Volunteer
U.S. Veteran’s Organizations – Volunteer

Notable Projects

Carver County, Minnesota (2014 Highway 101 river crossing & multiple reconstruction projects) – developed and executed plan of finance for over $28 million in county road and bridge improvements using a combination of state loan programs and publicly offered bonds

Nolan Mains Project, Edina (50th & France Redevelopment) – Completed pro forma analysis, negotiated sale price of land and redevelopment agreement for public assistance and assisted in TIF District creation for $74 million mixed-use private redevelopment and $11 million public parking ramp expansion projects

Capitol Region Watershed District (New Headquarters) – advised on the development of a finance plan and execution of a $10 million bond issue to redevelop property in the Midway neighborhood of St. Paul for a new district office facility