CHICAGO (AP) — Officials in Cook County, Ill., where Chicago is located say a bookkeeping blunder that resulted in double-counting $90 million in revenue won't leave them scrambling to pay their bills.
But County Board President Toni Preckwinkle said
Friday that the problem she inherited renews her "commitment to
transparency and accountability."
Errors included duplicate journal entries for $66
million in sales tax revenue and $24 million in cigarette taxes.
The Chicago Sun-Times says new reporting practices
currently are in place, and the employee responsible for the error, Faisal
Abbasi, was fired earlier this year.
Abbasi said he doesn't know whether he's
responsible for the double entry.
Deloitte and Touche, the firm that audited the
county's 2009 records, could not be reached for comment.
Copyright
2011 The Associated Press.
