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Boone County budget debate: assessor's office seeks TrueRoll software to audit exemptions; board weighs costs and intergovernmental sharing
Summary
The Boone County assessor's office presented TrueRoll software to automate audits of homestead exemptions, saying it would improve accuracy and could raise EAV and reduce tax rates; the vendor noted Lake County had used a similar process to collect prior-year adjustments.
Jessica, speaking for the assessor's office, and Braden, a TrueRoll representative, presented the vendor's property-exemption-audit software during the committee's budget discussion on Nov. 6. The vendor's software uses automated data checks to identify properties that appear to have ineligible homestead exemptions and properties that may be eligible but not receiving exemptions.
"What the program actually does is makes the process more accurate," Jessica said. She explained TrueRoll can identify where exemptions were granted to people who may not qualify and…
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