The State Of Indiana Has Found Some Extra Cash

By Maureen Mespell

December 6, 2011 Updated Dec 6, 2011 at 7:49 PM EDT

INDIANAPOLIS, Ind. (Indiana's NewsCenter) -- Have you ever reached into last year’s winter coat or an old pair of jeans and pulled out a 20 dollar bill? That is essentially what the State of Indiana found following an audit…but it wasn't 20 dollars but $300 million.

Apparently corporate income taxes paid by e-check were mistakenly put into a holding account and weren't credited to the general fund.

Governor Mitch Daniels says he doesn't intend to spend the money, but some of it could be returned to taxpayers at some point.

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