Montague DeRose and Associates, LLC

Professional Staff

Mike Kremer, Managing Director

Los Angeles Area
email: kremer@montaguederose.com

Mr. Kremer joined Montague DeRose and Associates in April 2016, bringing over 20 years of municipal finance experience in the capacities of financial advisor, investment banker and credit analyst. Mike has expertise with cities, local utilities, special districts, redevelopment successor agencies and K-14 schools located throughout the State of California. He specializes in preparing debt capacity/affordability reports and financial feasibility analyses, developing financing plans for large scale, multi-year capital improvement plans, and preparing debt policies and credit presentations for his municipal advisory clients.

Mr. Kremer’s experience includes ten years with First Southwest Company, providing municipal advisory services on over 80 debt issues with an aggregate par amount exceeding $9.0 billion. His municipal advisory clients have included the cities of Montebello, Oxnard, Sacramento and Turlock; educational agencies such as California School Finance Authority, Los Angeles USD, and Santa Monica CCD; as well as special districts such as Los Angeles County Sanitation Districts and Sacramento Area Flood Control Agency. Previously as a Managing Director with Public Resources Advisory Group, Mike served as a project manager to municipal advisory clients such as Los Angeles World Airports, City of Los Angeles Wastewater System and Santa Clara Valley Water District.

Prior to his tenure with Public Resources Advisory Group, Mike was employed by the Los Angeles public finance department of RBC Dain Rauscher (formerly Sutro and Company) where he provided investment banking services primarily to school districts and cities issuing general obligation bonds, tax and revenue anticipation notes, lease obligations and tax allocation bonds. In 1994 Mike began his public finance career with National Westminster Bank Plc as a letter of credit banker to municipal and non-profit clients from offices in New York City and Los Angeles.

Mike Kremer received a Bachelor of Science degree from Cornell University (Major in Agricultural Economics, Minor in Environmental Economics) and a Master of Public Affairs degree from the School of Public and Environmental Affairs at Indiana University (Concentration in Public Financial Administration).