SPECIAL COMMITTEE FORMED TO EXPEDITE AMERICAN RESCUE PLAN

Last week, the American Rescue Plan was signed into law. As part of this plan, the City of New Albany is expected to receive $16.83 million to reinvest.

At last night’s City Council meeting, Mayor Jeff Gahan requested that the council form a special committee to help expedite the American Rescue Plan and to move those funds into service to the people and organizations of the City of New Albany as soon as possible.

The City Council established a special committee of 3 Councilman: Councilman Jason Applegate (D), Councilman Pat McLaughlin (D), Councilman David Aebersold (R).

Funding is expected to come in 2 phases, with the first phase of funding expected within the next 60 days, and the second phase occurring approximately one year later.

A copy of the letter from Mayor Gahan to the City Council can be found by clicking HERE

STATE AUDIT CONFIRMS EXCEPTIONAL FINANCIALS AFTER CITY ENDS 9th YEAR IN A ROW UNDER BUDGET

The city ended the 2020 year under budget once again. This marks the 9th year in a row that the administration has balanced the city budget.

“Many thanks to City Controller Linda Moeller and her team for her oversight in keeping the city on track,” stated Mayor Jeff Gahan.

The State Board of Accounts audit of the city’s financial showed no negative findings of any kind, confirming that the city is following all proper financial controls and procedures.

The Indiana State Board of Accounts examines all accounts and financial affairs of public entities within the State of Indiana, and aims to provide its citizens with complete confidence in the integrity and financial accountability of state and local government.