Mark Valenzuela joined George K. Baum & Company in 2010 as a Vice President. Mr. Valenzuela brings more than 12 years of experience in public finance to the GKB Albuquerque, NM, office. His experience with government entities has helped him gain valuable insight to the comprehensive finance alternatives offered by local, state and federal government bodies. Mr. Valenzuela has excelled at fashioning financing structures that marry an individual government's ability to finance projects with that of other subsidized programs, all in an effort to produce the lowest financing cost for taxpayers.
Much of his experience has been at the executive level of state or local government. Mr. Valenzuela served as Chief Financial Officer for the city of Albuquerque, where he advised the mayor on matters of finance. In particular, Mr. Valenzuela completed several bond deals for the city that produced considerable value, including a refinancing of airport debt that produced 10.8% net present value savings in August of 2009. Also, Mr. Valenzuela was the architect of the city's Renewable Energy Finance District, which allowed homeowners to secure financing with a lien against property tax for renewable energy improvements. The financing structure took advantage of the tax credits offered by the state and federal governments.
Prior to his position with the city of Albuquerque, Mr. Valenzuela led the Client Outreach and Legislative Relations Function for the New Mexico Finance Authority. Mr. Valenzuela was responsible for the NMFA's legislative agenda, both at the state and federal levels. In this role, Mr. Valenzuela managed relations with the 42-member legislative oversight committee, the outcome of which was a very well-supported agenda. During his five years with the NMFA, he was critical in passing several landmark pieces of legislation that were quite complex in the financial and legal structure: An entirely new Economic Development Finance Authority, authorization to finance nonprofit subsidiaries of government bodies, new lease-purchase structures to assist charter schools acquire teaching facilities and a new authority for renewable energy transmission development. The depth and volume of these legislative solutions was a hallmark of Mr. Valenzuela's creativity in assisting clients to solve financing challenges in light of the constraints of state and federal law.
Mr. Valenzuela holds an MBA from the University of New Mexico.