VIGO COUNTY, Ind. (WTHI) - The Vigo County Assessor says undervalued personal property assessments are costing the county money.
State law requires business owners to do self-assessments on personal property, that includes things like equipment and office materials.
The county assessor says a report shows Vigo County has about $811 million in under-assessed property. That translates to about $1.7 million in missing revenue.
On Tuesday, the assessor talked with county commissioners about addressing that loss.
He wants a firm to perform an audit. It would allow a company to help locate the underreported personal property.