IPR News

Revenue errors from state upset local governments

by Brandon Smith

April 13, 2012

In the last few months, Indiana state government announced two programming errors that resulted in more than a half billion dollars being misplaced.  The latest mistake kept money from local governments for a year and half.  Some say they’re happy to finally have the money.  But as Indiana Public Broadcasting’s Brandon Smith reports, others are upset the mistake happened at all.

Update:  State officials announced today that a former bank executive will take over as the state’s revenue commissioner.  State budget director Adam Horst says Mike Alley will replace John Eckart, who resigned last week after the Department of Revenue’s second error.   Alley served as chairman and CEO of the now defunct Integra Bank and as president at Fifth Third Bank.