Audit Overstatement: Lancaster County Says $1B Was Misreported, Not Misallocated

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Source: KOLN | Nebraska Local News, Weather, Sports | Lincoln, NE
Audit Overstatement: Lancaster County Says $1B Was Misreported, Not Misallocated
Photo: KOLN | Nebraska Local News, Weather, Sports | Lincoln, NE
TL;DR

A state audit alleges nearly $1 billion in accounting errors by the Lancaster County Treasurer’s Office, but Treasurer Rachel Garver says the discrepancy stemmed from a semi-annual report that double-counted funds, inflating revenue to about $2 billion. The county notes about $3 million in over- and underpayments were corrected and no property taxes were lost. The audit also flagged issues such as miscalculated Lincoln Airport Authority commissions, motor vehicle tax distributions, and timekeeping/remote-work policy irregularities, with officials pledging corrective actions and further audit work.

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