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Umbaugh 2016 Comparative Water and Sewer Utility Rate Studies

By Doug L. Baldessari, CPA, Partner, February 04, 2016
Latest News

Indiana public officials and citizens can now examine and compare water and sewer utility rates using the latest Umbaugh Comparative Water and Sewer Rate studies. The studies, which include over 350 communities, are one of the most comprehensive studies available in the state.

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Federal Reserve Update – Normalization Process Has Begun

By Jeffrey A. Messer, Director of Umbaugh Cash Advisory Services, LLC, January 21, 2016
Latest News

The Federal Reserve finally decided at its December 2015 meeting to raise the target range for the federal funds interest rate to .25% - .50%. Thus ends seven years of short-term interest rates near zero.

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Upcoming Deadlines

By Paige E. Sansone, CPA, Partner, January 21, 2016
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/publications/manuals.

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Overwhelmed with planning rural community projects?

By Christina De Witt, CPA, Principal, January 07, 2016
Latest News

I would be surprised if most communities did not answer ‘yes’ when asked if they need to plan upcoming projects. Many communities are also overwhelmed and unsure of where to start in listing and prioritizing projects. Other communities may even be discouraged, because they think there is no way to even make a dent in the needed improvements in their community.

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Where do all the bonds go?

By Tim Sutton, Director of Bond Pricing, January 07, 2016
Latest News

When you sell a product, it’s crucial to know who your potential buyers are and what they look for. Who buys the bonds you sell when you are financing a project for your local government, library or school district? Each type of investor has its advantages and challenges.

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Gary Malone “graduates” after 40 years at Umbaugh

By Umbaugh Announcements, December 08, 2015
Latest News

1975 was the year of mood rings, pet rocks and solving Rubik’s cube. Microsoft was founded, and Stephen Wozniak and Steve Jobs developed the Apple 1 prototype.

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Heidi Amspaugh elected to national officer of NAMA

By Heidi L. Amspaugh, CIPMA, Manager, November 24, 2015
Latest News

Heidi Amspaugh, CIPMA, Manager at Umbaugh was elected Eastern Zone Director of the National Association of Municipal Advisors (NAMA) board of directors at the organization’s conference in October. As the Eastern Zone Director Heidi will represent the interests of municipal advisory firms in that part of the country on NAMA’s board and be a resource to the firms in that zone. Her term has already started and will be in effect through October 2017. In 2015 she served as Board Secretary for the national organization. She has been active in NAMA for nine years and also serves on NAMA’s communications committee.

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Redevelopment Commission Reporting Dates Change for 2016

By Matt Eckerle, CIPMA, Principal, November 11, 2015
Latest News

Beginning with an organizational meeting early in the year, Redevelopment Commissions must meet a variety of annual deadlines. The 2015 legislative session brought about several reporting deadline changes beginning in 2016, which are noted in this summary to keep you informed of current requirements. We maintain a detailed outline of filing and deadline requirements, and we’re happy to provide it on request.

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Statewide Look-The Real Numbers Behind Changes In Local Government Finance

By Gerald G. Malone, CPA, Partner, November 11, 2015
Latest News

Final installment of a series – Alternatives to Explore

This series summarizes a study Umbaugh and Policy Analytics conducted for the Indiana Association of Cities and Towns to analyze trends over the past eight years regarding revenue and budgets for local governmental units and schools as Indiana has transitioned from 80% of Indiana local governments’ budgets being funded by property taxes in 2007 to the current level of 39%.

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IBJ Article - MALONE: Low business taxes aren’t enough

By Umbaugh Announcements, November 02, 2015

A recent CNBC survey listed Indiana as the least expensive state for conducting business in the United States, citing low business taxes and state incentives.

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