Indiana State Government makes $205 million mistake
INDIANAPOLIS -- The Indiana State Government made another huge fiscal mistake, and this time people are losing their jobs over it!
The state announced on Thursday that it stiffed local governments by more than $200 million in local income tax payments, all because of a programming error.
This week, Revenue Commissioner John Eckhart resigned.
Two senior managers are also out!
The state said the checks will be in the mail soon.
"The payments are being processed by the Auditor of State today. And funds will likely post to counties' bank accounts today, or, sorry, tomorrow or on Monday," said Management & Budget Director Adam Horst.
Last year, the state found $320 million in corporate tax payments it didn't know it had.