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November 6, 2018 Newlsetter (Ohio)

Finance Future Utility Projects with System Development Changes — Is your utility charging System Development Charges (“SDCs”) to new users connecting to the system?  SDCs, sometimes referred to as availability fees or capacity charges, have been used by sewer and water utilities for many years to provide a source…

November 1, 2018 Newsletter (Indiana)

Outsourced Financial Management:  Part 1 in a Series — Because tax revenues never go far enough, local governments are always looking for ways to save money while still providing needed services. One strategy to consider is outsourcing the financial management functions to a qualified, independent…

Understanding Assessed Valuation Q & A:  Part 1 in a Series — This article is part of a series to provide information relating to the components of assessed valuation, property classifications and how to analyze a unit’s tax base. What are the components of Assessed Valuation?

October 25, 2018 Newsletter

Tom Traciak Appointed to Michigan Statewide Drinking Water Advisory Council — Umbaugh’s Tom Traciak was recently appointed to the Michigan Statewide Drinking Water Advisory Council. Established by the recently revised Lead and Copper Rule and appointed by Michigan Department of Environmental Quality (DEQ) Director C. Heidi Grether,…

October 19, 2018 Newsletter (Indiana)

Reduce Rate Impact by Paying Off Bonds — Utilities in the Midwest and across the country are facing ever increasing pressure on utility rates. The rate pressure is the result of a variety of factors, including long-term control plan implementation, asset management replacements, operating increases and…

Small Municipality Financial Guidance — Municipalities, both large and small, deal with a laundry list of financial issues and task each day and Umbaugh has a long history of guiding our clients through those issues.  While no two municipalities are the same, we…

October 11, 2018 Newsletter (Indiana)

Heidi Amspaugh Elected Vice President of NAMA — Umbaugh’s own Heidi Amspaugh was elected Vice President of the National Association of Municipal Advisors (NAMA) during its Annual Conference in Providence, Rhode Island recently.  The Vice President advances onto President a year from now.  She has served…

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