David N. MacGillivray

David N. MacGillivray



+1 (651) 223-3068

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David MacGillivray, a principal with Baker Tilly, has more than 35 years of experience in local government and as a municipal advisor.

Dave's direct client responsibilities cover major cities and counties, special districts, municipal power utilities, as well as high-growth growth suburban jurisdictions. He joined Springsted in 1985 as a Senior Analyst and has attained a succession of positions in the analytical and client representative areas. Dave worked for several municipalities in financial and city management.

Registered Municipal Advisor with the Securities and Exchange Commission.

  • Represents Municipal Advisory clients
  • Worked for several municipalities in financial and city management
  • Economics background based in addressing financial management objectives
  • In 2017 one of his client’s transactions was recognized nationally by The Bond Buyer’s ‘Deal of the Year Award – Small Issuer Category’ for a reverse P3 $138 M acquisition financing of a private water system.
  • Recognition received by his clients: National Awards for Excellence in Debt Management and Financial Planning, The joint Ford Foundation-John F. Kennedy School of Government Award for Innovation in Government, U.S. Conference of Mayors National Award for Public-Private Partnerships for downtown revitalization
  • Author of numerous studies on fiscal impact analysis, economic development finance, debt management and the use of specialized revenue sources such as utility, sales and hospitality/ admissions taxes and frequently lectures on economic development, financial management and the municipal bond industry
  • Taught the National Government Finance Officers Association Economic Development training course and has served on GFOA committee(s)
  • Government Finance Officers Association of the United States and Canada
  • Past Service on Standing Committee on Economic Development & Capital Planning
  • Contributor on numerous initial best practices covering economic development and P3s
  • National Government Finance Officers Association: Numerous National GFOA Conference Presentations on Public Finance, Financial Management and Economic Development, Government Finance Review, authored cover story and other articles on Economic Development and Financial Management, Taught course on Economic Development for Financial Professionals
  • National Forum of Black Public Administrators: Annual Forum Presenter on Capital Planning and Municipal Finance
  • National Water Environment Federation of Municipal Water Utilities: Annual Conference Presenter on Attaining the Highest Credit Ratings: City of Saint Paul AAA Story
  • Regional and multiple state forums; Presenter on a wide variety of topics, such as municipal bonds, credit ratings, capital planning, budgeting, economic development, green bonds, neighborly bonds
  • Certified Independent Professional Municipal Advisor
  • Series 7 and Series 66


Saint Paul, MN


Master of Arts in economics
Bachelor of Arts in economics
University of Minnesota–Minneapolis