The Department of Revenue Commissioner, John Eckart, has resigned after state officials found $205 million in local option income tax money owed to counties wasn’t distributed. State Budget Director, Adam Horst, blamed the problem on a programming error.
The problem with distribution of the local income tax money comes months after the state found $320 million in corporate taxes that were collected over four years but not transferred to the state’s general fund.
How much will be coming to Starke County? According to the report, Starke County will be receiving a total of $159,067 in County Economic Development Income Tax (CEDIT) money from both 2011 and 2012 and $140,840 in County Adjusted Gross Income Tax (CAGIT) money for 2011 and 2012. Starke County Auditor Kay Chaffins said the CEDIT money will be divided between Starke County, City of Knox, Town of North Judson and the Town of Hamlet. The CAGIT money will be divided between Starke County, the county’s townships, the schools, libraries, and the airport. This report does not include interest.
Pulaski County will be receiving a total of $206,331 in CEDIT money and $1,291,840 in CAGIT money. LaPorte County will be getting over $1.331 million in CEDIT and $1.387 million in CAGIT money. Marshall County will collect a total of $1.487 million in CEDIT money.