Latest News
Strategic Planning Charts Your Future
By Darlene W. Janulis, Marketing Director, August 10, 2011Latest News
The more a community is in need of services, the more difficult it is find the funding sources. With Michigan’s job losses and unemployment, local communities can’t look to...
School Budgeting – A Changing Paradigm
By Colette J. Irwin-Knott, CIPFA, Partner, July 27, 2011Articles: Budget Related, Articles: Schools Related, Latest News
We have a very different paradigm today in projecting school enrollment and the funding that accompanies it. For as long as most of us can remember, relatively straightforward demographics...
Periodic Utility Rate Studies
By Doug Baldessari, CPA, Principal, July 27, 2011Articles: Utilities Related, Latest News
As you are no doubt aware, municipal utilities have experienced significant increases in operating expenses over the last few years. Items such as electricity, chemicals and health insurance to...
Utility Budgeting – A Roadmap to Financial Stability
By Eric J. Walsh, CPA, Manager, July 27, 2011Articles: Budget Related, Articles: Utilities Related, Latest News
Utilities big and small throughout the Midwest face challenges every day. Whether the obstacle is increasing operating expenses, a stagnant or declining customer base, debt management or the need...
An update on MRSB Rules under the Dodd-Frank Act
By Colette J. Irwin-Knott, CIPFA, Partner, July 13, 2011Latest News
Earlier this year we gave you an overview of the Dodd-Frank Act and the proposed new protections for bond issuers. Since the enactment of the Dodd-Frank Act a little...
2011 Legislative Changes Impacting Economic Development (Pt 2)
By Loren M. Matthes, Principal, July 13, 2011Articles: Economic Related, Latest News
This article in our series on legislative changes focuses primarily on passed and proposed 2011 legislation that would impact Tax Increment Financing (TIF) and other property taxes. We anticipate...
Paige E. Sansone becomes a Principal with Umbaugh
By Umbaugh Announcements, July 6, 2011Latest News
Umbaugh is pleased to announce that Paige E. Sansone has become a principal in the firm...
Options to Relieve the Stress in Your School CPF
By Curt W. Pletcher, CPA, Partner, June 29, 2011Articles: Schools Related, Latest News
School districts across Indiana are feeling the pain of declining or flat-lined revenue for their Capital Project Fund (CPF). That won’t come as news to most districts, but it...
Getting Maximum Value for Cumulative Funds
By Paige E. Sansone, CPA, Principal, June 29, 2011Articles: Budget Related, Latest News
There are many advantages to establishing or re-establishing the rate on a cumulative fund, including: accumulating funds for future capital expenditures, eliminating or reducing the need to borrow (thus avoiding...
2011 Legislative Changes Impacting Economic Development
By Loren M. Matthes, Principal, June 29, 2011Articles: Economic Related, Latest News
This is the first article in a series about the effects of the 2011 session of the Indiana General Assembly. Legislation that passed impacts local governments, but legislation that...