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No Independent Audit After $300 Million Discovered

South Bend Senator John Broden says an independent audit would help restore the faith and trust of the public in the system.

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Photo: Dan Goldblatt/WFIU News

$300 million was recently discovered in a forgotten fund.

Republicans defeated an effort by Democrats to initiate an independent audit of the State Department of Revenue Wednesday. Instead, the State Board of Accounts will re-review the department.

Democrats sought an outside look at the department because of the recent mistake that misplaced $320 million in corporate tax revenue. South Bend Senator John Broden says an independent audit would help restore the faith and trust of the public in the system.

“They may ratify each and every thing that the Department of Revenue has done,” he says. “They may ratify each and every thing that the State Board of Accounts has done. I think we should welcome that. I think that’s something, then, we could hold up and say, ‘Mistakes just happen in life.’”

The State Board of Accounts, the state’s independent auditing agency, did review the Department of Revenue’s system after the error was first discovered.

Noblesville Senator Luke Kenley says continuing that process is enough, and it is not necessary to hire an outside group.

Brandon Smith

Brandon Smith has previously worked as a reporter and anchor for KBIA Radio in Columbia, MO, and at WSPY Radio in Plano, IL as a show host, reporter, producer and anchor. Brandon graduated from the University of Missouri-Columbia with a Bachelor of Journalism in 2010, with minors in political science and history. He was born and raised in Chicago.

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