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Articles for December 12, 2007
 Umbaugh's News  
When Every Dollar of Earnings Counts, Develop a Structured Investment Program  

As budgets tighten, investing your public funds becomes increasingly critical. Every dollar of additional earnings counts. Developing a structured investment program can help.

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Richard Treptow to Retire  

Umbaugh will soon say goodbye to senior financial advisor Richard Treptow, who is retiring at the end of 2007. During his 5-1/2 years with Umbaugh, Richard specialized in serving our clients in the area of Tax Increment Finance (TIF) and library finance.

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Season's Greetings!  


As the end of the year draws near, please note that our offices will be closed on Monday, December 24 and Tuesday, December 25, 2007, as well as Monday, December 31, 2007 and Tuesday, January 1, 2008, to allow our hard-working, dedicated staff some time off during the holiday season to spend with family and friends. Otherwise, our offices will be open as regularly scheduled.

Please accept our best wishes for an enjoyable holiday
season and a Happy New Year!

 
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CIRCULAR 230 DISCLOSURE:

To ensure compliance with recently-enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including any attachments, is not intended or written by us to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties.

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