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Project Destiny, the effort to give Central Iowa one of the highest sales taxes in the nation, will go up for vote July 10. Just to give voters more reason to trust our local officials with more tax money, the Des Moines Register reports that there may be additional indictments in the CIETC scandal:
A federal prosecutor expects more criminal charges that will target at least one new defendant in a central Iowa job-training pay scandal that already has produced charges against five people.
Assistant U.S. Attorney William Purdy estimates a 60 percent chance of new charges as early as May in the Central Iowa Employment and Training Consortium scandal, court records show. His prediction, made last week in a scheduling meeting with defense lawyers, is contained in a transcript obtained by The Des Moines Register.
CIETC was an agency operated by a group of local governments - just like the proposed Project Destiny board. The top three officials pulled $300,000+ compensation payments under the not-so-watchful eyes of board members including County Supervisor John Mauro and City Councilman Tom "Rubber Stamp" Vlassis. It's always good to be reminded how well our local officials are handling the money they have when they want more.
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The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to