City Receives State Board of Accounts Audit

The City is proud to share the results of our State Board of Accounts audit. Each year, the State Board of Accounts reviews the finances of state and local government, and is dedicated to providing the citizens of the State of Indiana with complete confidence in the integrity and financial accountability of governments.

“Due to our increased internal controls, and working diligently with Mayor Gahan, department heads and staff members, we have been able to reduce the number of ‘findings’ from State Board of Accounts to 1 – the lowest amount of findings for any municipality in the State of Indiana, according to the State Board of Accounts,” stated Linda Moeller, City Controller.

Mayor Gahan expressed his appreciation to all department heads, the Controller, and City staff for working diligently to ensure the integrity and accountability of all finances in the city. This past year marked the 5th consecutive year that the city ended with a balanced budget.

“I could not be happier with our State Board of Accounts audit,” stated Mayor Gahan. “Since taking office 5 years ago, we have worked hard and successfully operated within our budget, and we will commit to continue making improvements to our financial controls now and in the future.”

Read the full report and supplemental report here:

State Board of Accounts - Financial Statement and Federal Single Audit Report of City of New Albany

State Board of Accounts - Supplemental Compliance Report of City of New Albany