Anna V. Sarabian

Fieldman, Rolapp & Associates, Inc.

Ms. Anna V. Sarabian, Ph.D., is a Principal with Fieldman, Rolapp & Associates, Inc., a municipal advisory firm that began business in 1966. Ms. Sarabian joined the firm in July 2003. Before joining the firm, Ms. Sarabian served as a management analyst, investment banking analyst, and teaching and research assistant. Ms. Sarabian has focused on serving a wide variety of municipal clients in the firm’s city, successor agency, county, and special district client sectors. She has over 16 years of public finance experience and has completed transactions with a total par size in excess of $10 billion.

Since joining the firm, Ms. Sarabian has completed several hundred financing engagements, including a variety of fixed and variable rate negotiated or competitive transactions, such as tax allocation bonds, certificates of participation, lease revenue bonds, water and wastewater revenue bonds, commercial paper, general obligation bonds, interest rate swap agreements, and special district formations and financings. Recently, she has completed projects involving a wide range of financial advisory services, including post-redevelopment tax allocation bond financings, solar feasibility analysis, debt, reserve and budget policy development, capital improvement plans and long range financial plans, parking fund financial analysis, swap advisory services, debt structuring cash flow utilization and refinancing opportunities, credit analysis, and ad hoc financial analysis.

Ms. Sarabian received her Master of Business Administration (concentration in Finance) from the University of California-Riverside and her Ph.D. in Economics from the Center for Economic Research and Graduate Education (CERGE), Prague, the Czech Republic. Her paper, “The default of special district financing: Evidence from California” was published in 2015 in the Journal of Housing Economics. Ms. Sarabian holds the CIPMA designation as a Certified Independent Professional Municipal Advisor from the National Association of Municipal Advisors (NAMA).  She serves on the board of the Women in Public Finance, Los Angeles chapter and is a frequent speaker at the California Debt and Investment Advisory Commission’s Debt Essentials seminar series.