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. Mike has 25 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.

During his tenure at MDA, Mike has provided financial advisory on 15 debt issues with an aggregate par amount of approximately $1.5 billion. Advisory clients include a number of K-12 school districts and the California School Finance Authority, the Los Angeles County Sanitation Districts, the cities of Sacramento, Phoenix and Turlock as well as the Sacramento Area Flood Control Agency.

Mr. Kremer’s experience includes ten years with First Southwest Company, providing municipal advisory services on over 85 debt issues with an aggregate par amount exceeding $9.0 billion. His municipal advisory clients included: the cities of Imperial Beach, Montebello, Murrieta, Oakland, Oxnard, Sacramento, San Diego, San Francisco, San Jose, Simi Valley, South Gate, and Turlock; educational agencies such as California School Finance Authority, Los Angeles Unified School District, and Santa Monica Community College District; special districts such as Los Angeles County Sanitation Districts, Quantification Settlement Agreement JPA, Modesto Irrigation District, Nevada Irrigation District, South Feather Water and Power Agency, San Francisco BART, and Sacramento Area Flood Control Agency; as well as the County of Sacramento.

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, Burbank-Glendale-Pasadena Airport Authority, City of Los Angeles Wastewater System, Santa Clara Valley Water District, City of San Jose, Los Angeles County Metropolitan Transportation Authority, Redevelopment Agency of the City of San Diego, City and Redevelopment Agency of Santa Monica, and California School Finance Authority.

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).