Dave Erdman

David Erdman

Managing Director

+1 (608) 240 2516

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David Erdman is managing director of Baker Tilly Municipal Advisors, LLC. With has more than 30 years of public finance experience at a major state-level issuer and is an active advocate and leader for municipalities in the municipal bond market. David is a part of the national large issuer team supporting the Midwest.

Registered Municipal Advisor with the Securities and Exchange Commission.

  • Extensive working relationship with many regulatory agencies along with significant experience with multiple types of credits and transactions
  • Experience with ESG matters – both their impact and benefit on issuers – and working on the current federal Infrastructure Bill
  • Member of the State of Wisconsin Capital Finance Office from 1994 (director since 2015) until retirement in July 2022
  • Led a team responsible for the preparation, sale, issuance, disclosure and compliance of nearly 300 State of Wisconsin bond/notes issues in aggregate par amount of nearly $50 billion
  • Played key role in the sale and issuance of obligations for the Fiserv Forum, Foxconn Development in the Village of Mount Pleasant and expansion of the Wisconsin Center District
  • Sold, placed and issued various forms of obligations – bonds, commercial paper notes, auction rate certificates, variable rate demand obligations and floating rate notes, along with negotiating terms of swap agreements and termination of swaps
  • Past financial management of the State’s Clean Water Fund and Safe Drinking Water Loan Programs, working with municipalities to obtain financial assistance from these programs
  • Prior to working at the State of Wisconsin Capital Finance Office, worked for five years at the Department of Natural Resources in the State of Wisconsin Clean Water Fund Program
  • Past chair of the State Debt Management Network (SDMN)
  • Past member of GFOA’s Committee on Governmental Debt Management
  • NAMA member
  • Chair of Stoughton Utilities Committee
  • Advanced Emergency Medical Technician volunteer for Stoughton, Wisconsin
  • Chief Election Inspector (State of Wisconsin/City of Stoughton)


Madison, WI


Public administration degree

University of Wisconsin-La Crosse

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