Heather I. Litzebauer joined NW Financial in 2005, providing over 15 years of financial advisory, underwriting and consulting services to numerous municipalities, school districts and authorities.
Ms. Litzebauer works closely with clients entering into the bond market by managing and structuring general obligation debt, pooled bond financings, renewable energy financings and revenue bond transactions. Ms. Litzebauer also works with municipalities and authorities tracking projects and providing cash management services as well as detailed cash flow modeling and forecasting. During her time with the firm, she has provided financial services to the Monmouth County Improvement Authority, Delaware Sustainable Energy Utility, Mercer County, Gloucester County Utilities Authority, Hudson County, Morris County, Township of Weehawken, Lumberton Township Board of Education and various other authorities, municipalities and board of educations.
In addition, as a licensed Municipal Securities Representative, Ms. Litzebauer provides various underwriting services for the firm, including financial modeling and analysis for municipal issuers, while working with the project team to ensure accurate and timely execution of pricing transactions. Ms. Litzebauer has worked with clients such as the Union County Improvement Authority, Passaic County and the Township of East Hanover.
Since 2011, Ms. Litzebauer has served as Municipal Advisor to the Monmouth County Improvement Authority (the “MCIA”). The MCIA focuses on annual pooled financings for Monmouth County municipalities, boards of education and authorities in order to provide interest costs savings through utilizing Monmouth County’s Aaa ratings. In the wake of Superstorm Sandy at the end of 2012, Ms. Litzebauer was an integral part in working with the MCIA and Department of Community Affairs in discussing options of how the MCIA could help its local municipalities which were directly impacted by the Superstorm and suffered temporary market access issues. The result was issuing $47,475,000 in Governmental Pooled Loan Revenue Notes, Series 2013 which resulted in saving the sixteen participants approximately $209,088.62 in interest savings.
In 2020, Ms. Litzebauer was an integral part in assisting the County of Passaic (the “County”) with forming its Municipal Reimbursement Program under the County’s $87 million allocation from the federal government’s Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) Coronavirus Relief Fund (the “Fund”). The Municipal Reimbursement Program was formed for the County’s sixteen municipalities as a grant program to offset eligible expenses in responding to the Public Health Emergency based on the guidelines set forth by United States Treasury. Ms. Litzebauer provides project oversight and management of the program between the NW Financial team and the County. As part of her role, Ms. Litzebauer assisted the team in creating the eligibility determination process, participates in the review group’s eligibility assessments and application review process.
Bachelor of Science in Business Administration
50 (Municipal Advisor Representative)
52 (Municipal Securities Representative)
54 (Municipal Advisor Principal)
63 (Uniform Securities Agent)
SIE (Securities Industry Essentials Examination)