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Wednesday, June 09, 2004

Indiana Law - Accounting company report on Lake County taxes criticized

"County criticizes state tax report: Accounting firm admits some errors were made in reassessment study," is the headline to this story today in the Munster Times. A quote:

INDIANAPOLIS -- Noting a number of mistakes that misrepresent reassessment figures, Lake County officials Tuesday criticized an accounting company's report about county taxes released last week.

Mistakes included using median instead of average, having incorrect calculation of percentage change, listing the wrong library as having an increase of more than 10 percent and having incorrect county comparisons.

"There's a lot of data here, and we really wanted to help people understand it," said Doug Schrock, an executive at Crowe Chizek and Co. who worked on the project. "I don't want the story to be lost -- most of it's in here."

According to the Times, the report itself is available here. Oddly, the document linked to which appears to be the "report" has no title page, no identification re preparation, etc.

Posted by Marcia Oddi on June 9, 2004 12:23 PM
Posted to Indiana Law