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 participating in the state of Ohio’s Checkbook program, where residents can review every check written by 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 ating from Moody’s Investors Service is Aaa, the highest possible rating that can be achieved. And nontax revenue rating is Aa1. New Albany’s Fitch rating is AAA, also the highest rating possible.