City Finances & Budgets

Finance Department

In order to ensure fiscal accountability and an accurate presentation of the city’s financial status, New Albany’s finance department provides residents with timely and accurate accounting of receipts and disbursements.

To become even more transparent, the city is now providing a link to our transparency portal, where residents can review financial transactions of the city.

In addition, the finance department coordinates an annual audit conducted by Ohio’s Auditor of State, and is also responsible for coordinating debt issuance.

New Albany’s general obligation rating from Moody’s Investors Service is Aaa, the highest possible rating that can be achieved. New Albany’s Standard & Poor’s rating is AAA, also the highest rating possible.

The 2021 Annual Comprehensive Finance Report (ACFR) is in progress and will be available for review once it is certified and released.  New Albany’s 2020 ACFR has received the Certificate of Achievement for Excellence in Financial Reporting, the highest form of governmental accounting recognition from the Government Finance Officers Association, and is available for review.

New Albany obtained the highest possible financial strength ratings through both Moody’s (Aaa) and Standard & Poor's (AAA).