News & Events
SBOA Bonds Bulletin for Cities and Towns
Posted on Wednesday, July 29, 2015
City/Town Officials:
The statutes related to official bonds changed during the most recent legislative session. Public Law 230 – Senate Enrolled Act 393 amended the existing Indiana Code 5-4-1-5.1 (effective July 1, 2015) and Indiana Code 5-4-1-18 (effective January 1, 2016) concerning official bonds and bond coverage.

We have received several questions on the impact of these changes and how certain situations are to be handled. The State Board of Accounts has summarized the new statutory provisions and our audit positions in this document.

Please read the document along with the current versions of Indiana Codes 5-4-1-5.1 and 5-4-1-18 and share this information with other officials and employees as necessary, including your attorney. This information will also be included in the September 2015 Cities and Towns Bulletin.

Todd Caldwell
Director of Audit Services
Indiana State Board of Accounts
Trial Court Employee Conference 2015
Posted on Tuesday, July 14, 2015
The PowerPoint presentation from the "INcite and Other Technical Applications" session at the Trial Court Employee Conference, held on Wednesday, July 14, 2015, can be found here.
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