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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…

October 9, 2018 Newsletter (Michigan)

Road Funding Analysis — Communities in Michigan are facing tough questions regarding their infrastructure.  Many have completed, or are in the process of completing, a Stormwater, Asset Management and Wastewater (SAW) Grant financial plan and asset inventory pertaining to their sewer system. …

October 4, 2018 Newsletter

Is the Federal Reserve Behind? — The Federal Reserve voted unanimously to raise their benchmark fed-funds rate to a range between 2-2.25%.   But what does this really mean, is the Fed slowing growth and the prospect of future inflation?   In our estimation, the answer…

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