Carr acknowledges foulup on financial disclosure

State Rep. Joe Carr acknowledges that he made an error in a belated filing of a personal financial disclosure as a U.S. Senate candidate, reports the Chattanooga TFP.

On Monday, Carr said he failed to list his family’s 91-acre cattle ranch as an asset on his personal finance reports to the secretary of the Senate purely in error. And he noted that the farm was listed as a liability on the same report.

“Those Senate disclosures are a balance sheet. It was listed as a liability, but not as an asset. It was just an error. We will file an amendment and get it listed properly,” Carr said after speaking to members of the Hamilton County Pachyderm Club on Monday.

Carr was nine months late filing his personal disclosure. He filed Friday, but the deadline was 30 days after he announced his candidacy for the Senate seat last August. Carr previously was seeking to challenge U.S. Rep. Scott DesJarlais, R-Tenn., for the District 4 House seat. Last week, Donald Rickard, Carr’s campaign manager, said the late filing was also simply an oversight.

Rutherford County tax records show Carr owns two parcels of land that total 91 acres, valued at $418,900.

In his report filed last week — which requires candidates to list assets using broad figures — Carr claimed $31,000 to $115,000 in assets.

Meanwhile, Alexander has about a month to file his personal disclosure for 2013. The incumbent’s 2012 filing showed his net worth as being between $9.8 million and $15.4 million.