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Promotions to Principal

By Umbaugh Announcements, January 21, 2015
Latest News

Umbaugh is proud to announce the following individuals have been promoted to principal effective January 1, 2015.

All principals were selected for promotion based upon their commitment to Umbaugh's core values of Excellence, Innovation, Independence, Integrity and Collaboration.

Please join us in congratulating Matt Eckerle, Belvia Gray and Eric Walsh on their promotions.

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Other Post-Employment Benefits (OPEB) Filing Due March 2

By Daniel A. Hedden, CPA, Partner, January 16, 2015
Latest News

By March 2, 2015, political subdivisions must report their Other Post-Employment Benefits (OPEB) to the Department of Local Government Finance (DLGF) through the Gateway electronic system. You are required to report OPEB liability, unfunded OPEB liability, assets, contributions and expenses for the preceding year.

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Jason Semler Becomes an Umbaugh Partner

By Umbaugh Announcements, January 14, 2015
Latest News

Please join us in congratulating Jason Semler, CPA, who was elected a partner at Umbaugh effective January 1, 2015.

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Upcoming Deadlines

By Paige E. Sansone, CPA, Principal, January 08, 2015
Latest News

As the New Year begins, it is time to focus on wrapping up the previous year. At the close of December, all records must be posted and reconciled with bank statements as promptly as possible. Utilities and other departments maintaining separate records must also be reconciled. Below are upcoming deadlines prescribed by the State Board of Accounts for the first few months of the year. Please note that this is not a comprehensive list; you should check the State Board of Accounts Accounting and Compliance Guidelines Manuals for more information at http://www.in.gov/sboa/#.

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Form 100R due January 31, 2015

By Paige E. Sansone, CPA, Principal, January 08, 2015
Latest News

Each year local government entities are required to submit a Certified Report of Names, Addresses, Duties and Compensation of Public Employees also known as a Form 100R. All people employed in 2014 must be reported including Elected Officials, Board Members, and part-time, temporary and seasonal employees. If a W2 was issued, that person should be reported on the 100R.

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Statewide Look-The Real Numbers Behind Changes In Local Gov’t Finance - Part 2

By Gerald G. Malone, CPA, Partner, January 08, 2015
Latest News

Part 2 in a series

To understand how we arrived at the transition from 80% of Indiana local governments’ budgets funded by property taxes in 2007 to the current level of 39%, you have to understand how we got here.

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Proactive Financial Management for Utilities

By Eric Walsh, CPA, Manager, December 09, 2014

We all know how important it is to maintain a budget and keep council members and department heads up to speed about appropriation spending throughout the year for tax-supported funds. Does your city, town or district take this same approach with utilities?

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Has Your County Kept Up with the Times by Charging for Stormwater?

By Jason G. Semler, CPA, Principal, November 26, 2014
Latest News

Charging a fee to handle stormwater is still a relatively new concept for counties, but it is part of the trend to identify services governments provide to residents and businesses and recapture the actual costs of providing each service.

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Is Water a Scarce Indiana Resource?

By Christina De Witt, CPA, Manager, November 26, 2014
Latest News

It’s easy to take safe and reliable drinking water for granted. We are accustomed to turning on the faucet and not even thinking about the water that flows from it. Drought conditions during the summer of 2012 that caused water use restrictions in portions of the state led many to consider the importance of ensuring the long-term supply of one of our most precious resources.

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Colette Irwin-Knott to Retire from Umbaugh

By Umbaugh Announcements, November 19, 2014
Latest News

How does 33 years go by so fast? And how does a retiree still look so young?

Colette Irwin-Knott will retire from Umbaugh at the end of the year. She has not only been the knowledgeable and calm advisor for bond issues for countless school districts, public libraries and other municipalities, she was literally a pioneer at Umbaugh.

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