Friday, August 13, 1999
Campbell's land valuator is indicted
Audit: $50,000 missing
BY TERRY FLYNN
The Cincinnati Enquirer
NEWPORT — A Campbell County grand jury indicted former Campbell County Property Valuation Administrator William Kaiser Thursday in the theft of nearly $50,000 from the PVA office.
Mr. Kaiser, 49, is charged with one count of unlawful taking over $300 for allegedly stealing $49,925 from the office's official funds between July 1, 1997 and April 23.
Police and state auditors investigated the property valuation administrator (PVA) office and charged that Mr. Kaiser failed to deposit money into official bank accounts and created phony documents to hide payments he made to himself.
State Auditor Ed Hatchett said Mr. Kaiser failed to deposit a total of $22,184 paid to the auditor's office by Newport, Dayton, Silver Grove and Crestview to maintain local tax rolls.
He paid himself $14,426 and then tried to cover the payments by creating false invoices for computer services and updates, the auditor said.
He said Mr. Kaiser withdrew $7,500 in cash from a PVA bank account in transactions recorded as bank transfers.
He also made out 10 checks totaling $5,815 to people working in the PVA's office on per sonal service contracts, the auditor said. But Mr. Hatchett said that, based on interviews by auditors, the checks were not cashed by the people to whom they were made out.
The PVA office is charged with setting the value of all property in the county. Those values are then used to determine what taxes are owed on the property, which includes automobiles.
Although the PVA is voted into office in each county and the employees work in a county building, the PVA is actually an arm of the state.
Mr. Kaiser, a Southgate Democrat, has borrowed the amount of money missing from the PVA's office and has deposited it with the office, according to his attorney, Bob Lotz.
Since resigning from the post in April, Mr. Kaiser has gone to work for Democratic Party leader Terry Mann, an old friend, as an accountant in Mr. Mann's Kentucky Alternative Program.
Democrat Mariann Guidugli Dunn was appointed by Gov. Paul Patton to fill the vacant PVA position until the November election. She is a candidate for the office.
The state auditor's office is investigating the Boone County PVA office but no details have been released.
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