Accountants, Tax Credits, Atlantic County Women – Wednesday’s Roundup
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Accountants
The Press of Atlantic City’s Christian Hetrick wrote a great muck-raking read yesterday, revealing just how much the state has paid an accounting firm (Ernst & Young) for helping it analyse Atlantic City’s finances. E&Y even got a raise last year! Through September, the accountants billed the state $1.56 million for “continued analysis of Atlantic City’s finances and cash flow,” a spokeswoman for New Jersey’s Department of Community Affairs (which is responsible for both the state takeover and the decision to hire E&Y) told Hetrick. What’s still not clear? What exactly the accountants are doing.