Indiana News
Send Ind. officials say $205M in local taxes mishandled
All fields are required
All fields are required
Ind. officials say $205M in local taxes mishandled
Reporter: The Associated Press
The head of Indiana's Department of Revenue is resigning after state officials found that $205 million in local option income tax revenue was not distributed to counties.
State budget director Adam Horst says department commissioner John Eckart will step down after seven years leading the agency. Speaking at a Thursday news conference, Horst blamed the problem
on a programming error.
The revelation of mishandled revenue follows news late last year that some $320 million in corporate taxes collected over four years had not been transferred to Indiana's general fund.
The revenue department says the mishandled money will be distributed with interest to the 91 of Indiana's 92 counties that have local income taxes. An outside audit will be conducted of the agency's procedures.
Post a Comment
Send Story to a Friend
Send to Facebook
Share to TwitterSearch:
Gray Television, Inc - Copyright 2002-2012 - Powered by Gray Interactive Media