The state Department of Revenue has hired 82 new people to bring
in more money that's owed to the state. Most of the new auditors and
revenue officers are going through training right now in Columbia,
but the agency did hire some auditors it had laid off a few years
ago, so they're already at work.
The agency plans to hire 30 to 35 more.
It'll cost the state about $9 million in salary and benefits for
the new employees, but they're expected to bring in an additional
$90 million in tax collections.
"People who've either cheated on their taxes or accurately filed
taxes but not made tax payments should indeed be concerned," says
Burnet Maybank, III, director of the state Department of
Revenue.
It was his idea to hire the additional tax collectors to give the
state more money it desperately needs. When state lawmakers were
writing this year's state budget, they referred to those expected
additional funds as "Maybank Money".
Lawmakers did not include the extra money in the general budget,
just in case what's actually collected is less than expected. But
they did write a proviso for how the money will be spent, with some
going to most state agencies.
Maybank says that's a lot of pressure on him and the new
employees. "And when I see the agency heads who are on the list of
agencies to get the money, they remind me and tell me to get to
work," he says.
The state will keep track of exactly how much
each new employee brings in, to see if the additional expense
to taxpayers is justified. Maybank says it will be, based on past
experience of how much each revenue officer and auditor brings
in.
Revenue officers are basically debt
collectors, he says, and they've usually brought in
more than their salary within one month of work. Auditors take a
little longer to start generating revenue but typically bring in
millions of dollars each, he says.