July 13 2017 Newsletter (888) 516 9594
Linking Debt in Gateway

Did you issue new property-tax-supported bonds or refund existing ones in 2017? If so, make sure your new or updated debt payments are connected in the Gateway system as budget documents are prepared for 2018. Gateway is the Department of Local Government Finance’s computer system for submitting budget data. While all debt (property-tax-supported and revenue-supported) is required to be uploaded to the Gateway system, linking debt for budget preparation is only necessary if a property tax levy is needed.

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Utility Innovation

Utilities have been around for a long time with some delivering potable water for over 100 years. With water and sewer utility rates staying relatively low for a lot of utilities in Indiana and across the Midwest many utilities may not have put much thought into being innovative or efficient. We have seen significant increases in utility rates over the past few years resulting from increasing legislative requirements and the implementation of construction programs for new infrastructure necessary to comply with sewer Long-Term Control Plans and aging infrastructure.

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