Brian Thomas, Ph.D., served in the public sector for almost 30 years before joining PFM as a managing director in the Los Angeles office in 2011. Dr. Thomas works with water and wastewater utilities on issues ranging from long-range financial planning, revenue strategies, financial policies, alternative procurement strategies and debt structures. He has served as financial advisor on billions of dollars of transactions, including new money, refunding and restructuring, de-risking, and short-term cash flow funding. These transactions include fixed and variable rate debt, notes, commercial paper, taxable financing, and government loans including WIFIA and SRF funding.
Prior to joining PFM, he was the assistant general manager and chief financial officer for the Metropolitan Water District of Southern California, the nation’s largest supplier of treated drinking water. He was responsible for all financial functions, including treasury and debt management, capital planning, financial reporting, financial controls, the $1.8 billion expenditure budget, and water rates and charges.
Dr. Thomas also served as the assistant general manager for finance and administration for the public utilities in the cities of Anaheim and Riverside. He was a member of the Southern California Public Power Authority’s Finance Committee while at Riverside and the Intermountain Power Project’s Coordinating Committee while with Anaheim. He recently served as the Chief Financial Officer for the Las Vegas Valley Water District/Southern Nevada Water Authority for two years, returning to PFM in 2019.
Dr. Thomas is a frequent speaker at industry forums and has lectured in the field of water resource economics.