Montague DeRose and Associates, LLC

Professional Staff

James Bemis, Principal

Los Angeles Area

Mr. Bemis joined Montague DeRose and Associates in 1999, following nearly 20 years of municipal finance experience as an issuer, investment banker, and commercial lender. He has served as financial advisor on some of the largest variable rate bond programs in municipal finance, including programs for the California State Treasurer’s Office, the California Department of Water Resources Power Supply Revenue Bonds, and the State of California Economic Recovery Bonds.

Additionally, Mr. Bemis is a specialist in transportation finance. Since 1999, Mr. Bemis has been lead financial advisor on many transactions for the U.S. Department of Transportation’s TIFIA program. This experience includes a number of toll road and bridge projects and public-private partnerships (“PPPs”). Mr. Bemis has also spoken at public finance conferences on transportation finance and PPPs.

Mr. Bemis served on the State of California’s Task Force on Bond Accountability (TFBA), established by Treasurer John Chiang in February 2015. The TFBA was charged with developing best practice guidelines for how bond proceeds should be managed in order to reduce the risk of fraud, waste, and abuse. Additionally, the Task Force was asked to recommend strategies to increase transparency and oversight of the use of bond funds.

Mr. Bemis received Bachelors of Arts degrees in Economics and Environmental Studies from the University of California at Santa Barbara and a Master of Business Administration degree from the University of California at Los Angeles.