Latest News
Reminder – July 15 is the Deadline for TIF Analysis
By Teresa Seago, May 27, 2009Latest News
Redevelopment Commissions have until July 15 to determine whether their TIF areas have excess TIF revenue. To do this, you will need to compare the amount of TIF being captured...
How Did the 2009 General Assembly Affect Your Operations?
By Teresa Seago, May 13, 2009Latest News
Like all of you, we are still waiting for the most important bill of any long legislative session: the budget bill. The budget will not be finalized until the Indiana...
The Importance of Adequate Fund Balances
By Paige E. Sansone, CPA, Principal, May 13, 2009Latest News
Just as it does for individuals and businesses, having money in reserve gives taxing units a sense of comfort. A fund balance is the result of receipts minus disbursements. You...
Choosing the best matching funds option for your stimulus projects
By John M. Seever, CPA, Partner, April 29, 2009Latest News
In the April 1 issue of Footnotes, we explored options for funding the required match for projects that qualify for federal stimulus money. Since few communities have excess cash balances...
Local Option Income Taxes – If You Want To Adopt One, Now’s The Time
By Todd A. Samuelson, CPA, Partner, April 29, 2009Latest News
The time frame for adopting any of the Local Option Income Taxes is April 1 to July 31. This window of opportunity applies to CAGIT, COIT, CEDIT or any of...
Red Flag Regulations Enforcement Date Is Almost Here
By Teresa Seago, April 29, 2009Latest News
The date for enforcing the Red Flag Regulations, which are part of the Fair and Accurate Credit Transactions Act of 2003, is almost here. In the October 29, 2008 edition...
Impact Fees: Alternative Revenue for Infrastructure Funding
By Teresa Seago, April 15, 2009Latest News
As local governments continue to feel the pinch from property tax reform and shrinking income tax revenues, they are searching for alternative ways to fund the infrastructure improvements needed for...
Finding matching funds for your stimulus projects
By John M. Seever, CPA, Partner, April 1, 2009Latest News
Fourth article in a series. As details of the stimulus package in the American Recovery and Reinvestment Act of 2009 have unfolded, it is clear that local communities will need...
Municipal Annexation: Will It Generate the Revenue You Expect?
By Paige E. Sansone, CPA, Principal, March 18, 2009Latest News
Municipalities may consider annexation for a variety of reasons including: a desire for orderly and planned growth, achieving economic development goals or a need to extend services to individuals or...
Declining tax revenues? What next?
By Gerald G. Malone, CPA, Partner, March 18, 2009Latest News
The recent changes in our economy have led to lower property values and higher unemployment. Coupled with Indiana's new property tax caps, it is fair to say that all taxing...