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Wrong Eric Heringer?

Eric A. Heringer

Managing Director

Piper Jaffray Companies

HQ Phone:  (612) 303-6000

Direct Phone: (208) ***-****direct phone

Email: e***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

Piper Jaffray Companies

800 Nicollet Mall

Minneapolis, Minnesota,55402

United States

Company Description

Piper Jaffray Companies (NYSE: PJC) is a leading investment bank and asset management firm. Securities brokerage and investment banking services are offered in the U.S. through Piper Jaffray & Co., member SIPC and FINRA; in Europe through Piper Jaffray Ltd., a...more

Background Information

Employment History

Senior Vice President

Seattle NW Securities Corp


Manager

SNW Asset Management LLC


Inv Banker-MD-PFS

Public Finance Group LLC


Senior Vice President

Seattle-Northwest Securities Corporation


Affiliations

Northwest Securities Corporation

Financial Advisor


Education

bachelor's degree

business economics

Willamette University


degree

Business Economics

Willamette University


Web References(31 Total References)


Idaho Falls' bond impact on taxpayers is too early to tell

www.idahoednews.org [cached]

"I thought it would be a good time to rerun projections and analysis of the project," said Eric Heringer, managing director of public finance at Piper Jaffray, an asset management firm headquartered in Minneapolis, Minn.
On Monday, Heringer walked the Idaho Falls School Board through two factors hindering accurate projections of a bond's impact on property taxes: an unpredictable tax base and ever-changing interest rates. A combination of low interest rates and a growing tax base softens the blow a school bond ultimately has on property taxes, Heringer explained. But growth since 2006 hasn't been completely steady, Heringer pointed out. Idaho Falls saw three consecutive years of decline from 2011 to 2013. As a result, Heringer pegged his growth rate projections for the district at 3 percent in 2018. But he offered a variety of growth rate scenarios from 2019 to 2028. Like what you're reading? Sign up for our weekly newsletter » Heringer's most conservative growth projection during these years lies at 1 percent, which would spur an annual property tax increase of $73 per $100,000 of taxable value. Heringer pointed to state subsidies for bond interest payments to ease the urgency. Idaho's bond levy equalization fund, stocked annually by a portion of state lottery revenue, helps districts pay down interest incurred by bond issues. According to Heringer, the state has kicked in $1.5 million on one of the district's past bonds.


www.idahostatesman.com

Credit analysts look at a declining fund balance and reason that if the trend doesn't stop, the fund eventually could reach zero, said Eric Heringer, managing director at the Boise office of Piper Jaffray, the investment firm that underwrites the district's bonds.
Money to repay bonds doesn't come from the district's reserve account, but investors see it as a cushion that could help the district meet a bond payment if something goes awry with property tax collections. West Ada's rating dropped from Aa2 to Aa3, which means it is still considered to have "excellent" credit, but is creeping toward "good," Heringer said. District officials say they don't know how much the downgraded rating may cost taxpayers. If the district wins approval to sell 20-year bonds, it will enter a market with low interest rates and strong supply and demand, Heringer said.


State and Local Government Biographies - Piper Jaffray

www.piperjaffray.com [cached]

Eric Heringer
Managing Director Public Finance Investment Banking E-mail | Tel: +1 310 297-6010 Eric Heringer Eric Heringer is a managing director and manager of the Piper Jaffray Boise office. He has specific expertise related to Idaho public finance, including the property tax cycle, the sales tax system, local government debt programs and subsidies, and other government finance-related issues in Idaho. He works with a variety of municipalities on the full range of debt offerings, including general obligation bonds, revenue bonds, bonds issued for urban renewal projects and local improvement districts, lease transactions, and short-term borrowings. Heringer's clients include many of Idaho's largest school districts as well as cities, counties and other municipal entities, both large and small, throughout the state. Heringer has regularly testified on behalf of clients before the Idaho State Legislature and routinely gives presentations on a variety of municipal finance topics at local conferences and workshops. He also writes a significant portion of the Idaho School Bond Manual that is updated and published by the Idaho School Board Association. His presence and accessibility in Boise provides Idaho issuers with a local contact for ongoing service and expertise related to the unique political and economic factors that impact Idaho public finance Heringer graduated magna cum laude with a bachelor's degree in business economics from Willamette University. He holds Series 7 and Series 63 securities licenses.


Education Biographies - Piper Jaffray

www.piperjaffray.com [cached]

Eric Heringer
Managing Director Public Finance Investment Banking E-mail | Tel: +1 208 344-8561 Eric Heringer Eric Heringer is a managing director in the Piper Jaffray Idaho public finance group. He has substantial expertise in public finance matters having worked with a variety of Idaho municipalities over the past 12 years on the full range of debt offerings, including urban renewal bonds, local improvement districts, general obligation, revenue, lease transactions and short-term borrowings. His clients include cities, counties, school districts, urban renewal agencies and other special purpose districts throughout Idaho. Heringer was the lead banker in developing the Idaho Bond Bank Authority's pooled financing program, serves as the financial advisor to the Idaho State Building Authority and has been the lead banker on the State of Idaho's annual TAN issuance since 2009. Heringer's presence and accessibility in Boise provides Idaho issuers with a local contact for ongoing service and expertise with the many political, economic and credit factors that impact Idaho public finance. Over the past two years, her has helped complete over $1 billion of financings for state and local governments in Idaho. Heringer graduated magna cum laude with a degree in business economics from Willamette University. He currently holds Series 7 and Series 63 securities licenses.


Fixed Income Experts - Public Finance Team

www.snwsc.com [cached]

Eric Heringer


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