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January 25, 2018 Newsletter (Indiana)

Umbaugh Partner Doug Baldessari Elected IWEA Vice President — Doug Baldessari, CPA, has been elected Vice-President of the Indiana Water Environment Association (IWEA).  He begins his term this month.  He has served on the IWEA Board of Directors for the past three years as Secretary/Treasurer.  Doug has…

Upcoming Deadlines for 2018 — 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…

Umbaugh Announces Promotions

Umbaugh Announces New Partner — We are proud to announce Belvia B. Gray became a partner at Umbaugh on January 1st.  Belvia has been involved in many areas of practice at Umbaugh, but she is especially active in bond issues for schools and libraries, budgeting…

Promotion to Principal — Andre J. Riley was selected for promotion based on his commitment to Umbaugh's core values of Excellence, Innovation, Independence, Integrity and Collaboration. Andre has been with Umbaugh since October 2003 and is based in the Indianapolis office. Andre is a…

November 16, 2017 Newsletter (Indiana)

The 27th Pay Period Conundrum — Every few years we experience a phenomenon caused when the calendar eventually results in a 27th bi-weekly payday.  Although it may not sound like a big deal, this phenomenon often leads to many questions and concerns. 

November 10, 2017 Newsletter (Indiana)

Tax Bill Jeopardizes Certain Municipal Bond Financing Tools — Congress is currently considering H.R. 1, which passed the House Ways and Means Committee yesterday.  In its current form, the bill proposes substantial changes to the federal tax code.  Since the House Ways and Means Committee approved the…

November 2, 2017 Newsletter (Indiana)

Life After Budget Adoption . . . What’s Next? — After budgets are adopted and submitted in Gateway, the Department of Local Government Finance (“DLGF”) will review and issue a Notice of Final Budget Recommendation (more commonly referred to as the 1782 Notice).  Taxing units have ten calendar…

Succession Planning for Indiana Utilities — Effective Succession Planning is Critical to Promoting Continuity of Utility Operations In the aftermath of hurricanes Harvey and Irma, we are once again reminded of our dependence on our critical utility infrastructure.  Long hours spent developing…

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