Doug Baldessari is a principal with Baker Tilly Municipal Advisors, LLC. Doug has more than 22 years of experience with financial studies and municipal advisory services for utility projects. These projects often involve bond financing, financial analysis and determining utility revenue requirements, cost-of-service studies, financial planning associated with capital acquisition. Doug also has significant experience with federal incentive programs such as the Inflation Reduction Act (IRA) tax credits where he assists public sector and not-for-profit entities with planning for and attaining enhanced incentives for clean energy projects. Doug serves as the public practice clean energy incentives lead for Baker Tilly.
Registered Municipal Advisor with the Securities and Exchange Commission.
- Practices financial reporting, strategic planning and utility rate management for utilities
- Tax credit experience to support project development activities for renewable energy and energy transition
- National speaker and author supporting the utilities, governmental and not-for-profit industry associations
- Provides asset management and capital project planning for utilities
- Utility cost-of-service studies and rate design
- Proficient in system development/capacity fee studies
- Offers assistance in wholesale rate development and assistance with intergovernmental contract negotiations
- Assists with bond financing through the open market, state revolving fund, rural development and other sources
- Testifies as expert witness before regulatory agencies, courts and local public hearings on behalf of clients
- Advises and assists with acquisitions, disposition, mergers and privatization and re-municipalization
- American Public Power Association (APPA)
- American Water Works Association (AWWA)
- Water Environment Federation (WEF)
- WEF Finance and Administrative Subcommittee
- Indiana Water Environment Association (IWEA)
- Ohio Water Environment Association (OWEA)
- Indiana Section American Water Works Association
- Registered Municipal Advisor Series 50 and Series 54
- Registered Municipal Advisor with the Securities and Exchange Commission
- Certified Public Accountant (CPA) State of Indiana
- American Public Power Association (APPA) Business and Finance Conference
- Using multiyear financial planning to guide your utility, author
- Inflation Reduction Act deadlines and considerations for engineers, author, 2024
- A municipality’s guide to prevailing wage and apprenticeship compliance, author, 2024
- Inflation Reduction Act deadlines – Preserve your tax credits, presenter, 2024
- IIJA at the midway point: Act now to secure these funding opportunities, author, 2024
- How to maximize Inflation Reduction Act federal funding opportunities, author, 2023
- City utilities planning solar project at wastewater treatment plant, author, 2023
- Taking advantage of the Inflation Reduction Act, author, 2023
- Comparative rate studies for Indiana utilities, author, 2023
- Inflation Reduction Act tax-exempt bonds incentives, author, 2022
- What public sector entities need to know about the Inflation Reduction Act, author, 2022
- Utility University: The Infrastructure Investment and Jobs Act, presenter, 2021
- Prioritizing utility infrastructure spending: an analytical approach, author, 2021
- Finance future utility projects with system development changes, author, 2018
Location
Indianapolis, IN
Education
Master of Professional Accountancy
Indiana University-Purdue University – Indianapolis
Bachelor of Science in finance
University of Connecticut – Storrs
