Latest News
What the SEC Charges Against Illinois Mean for Indiana Bond Issuers
By Gerald G. Malone, CPA, Partner, May 24, 2013Latest News
For only the second time in history, the Securities and Exchange Commission (SEC) filed civil-fraud charges against a state in March. The SEC charged that Illinois had committed securities fraud,...
Legislative Changes and Local Governments
By Gerald G. Malone, CPA, Partner, May 24, 2013Articles: Government Related, Latest News
After the crush of the final week of the Indiana General Assembly session, it takes a while to sort out what effect legislative changes will have on local governments. ...
Strategic Options for Bond Refinancing
By Curt W. Pletcher, CPA, Partner, April 24, 2013Latest News
There are a number of good reasons to refinance outstanding bond issues, but the most obvious one is to save money. ...
Second Quarter Deadlines
By Paige E. Sansone, CPA, Principal, April 24, 2013Latest News
As you make plans for the next few months, here’s a refresher on certain upcoming deadlines that may pertain to your local government. ...
Did the State Cut Your Budget?
By A.J. Amspaugh, CPA, Manager, April 24, 2013Articles: Budget Related, Latest News
By now, many taxing units have received 2013 certified budgets from the State. If you are among the units that have unexpected cuts, there may be a way to...
Sequestration – What Does it Mean to Schools and Local Governments?
By Colette J. Irwin-Knott, CIPFA, Partner and Gerald G. Malone, CPA, Partner, March 6, 2013Articles: Government Related, Articles: Schools Related, Latest News
When we explored the potential effects of sequestration on bond interest rates for school districts and municipalities throughout Indiana in the October 24, 2012 issue of Footnotes, sequestration was a...
Municipal Bonds and the Path to a Successful Sale
By Susan Clark, CPFO, CIPFA, March 6, 2013Latest News
Many local government units rely on selling bonds to finance major projects. Last year, 10,556 bond issues were sold in the United States with a total volume of nearly...
Can You Keep Your Excess Levy? Maybe…
By Belvia B. Gray, CIPFA, Manager, February 21, 2013Latest News
In a time of tax caps and delinquent property tax payments, it is rare to collect more than the certified property tax levy amount that appears on your budget order,...
As Municipalities Consider Annexation, the Laws Could be Changing
By Deen C. Rogers, CPA, Principal, February 21, 2013Latest News
We saw a number of annexation efforts in 2012, and that trend will probably continue in 2013. Why are so many municipalities considering expanding their boundaries? ...
Use Source Data When Reviewing Your 1782 Notice
By Belvia B. Gray, CIPFA, Manager, February 6, 2013Articles: Budget Related, Latest News
This is the time of year when taxing units receive a Notice of Final Budget Recommendation (commonly referred to as the 1782 Notice) from the Department of Local Government Finance...