A house estimated to be worth $121,900 was mistakenly valued at $400 million.

Officials say the mistake is costing dearly by resulting in budget shortfalls, and may even lead to possible layoffs in some municipalities and school districts.

A modest home in Porter County was incorrectly valued at $400 million, an error that caused budget problems within the county. The error could even lead to layoffs in municipalities and school districts around the region.

The home was valued at $121,900 before the glitch. Sharon Lippens, the county's director of information technologies, says her agency caught the error and alerted the county auditor. However, the $400 million was used to calculate tax rates.

A house mistakenly valued on the assessment records at $400 million dollars is causing big problems in northwest Indiana. The house in Valparaiso had been valued at just under 122-thousand dollars before the glitch, and usually was assessed a 15-hundred-dollar property tax bill.

County Treasurer Jim Murphy said the home usually carried about $1,500 in property taxes; this year, it was billed $8 million.

Air India flight attendants could be sorry if they don't lose the excess baggage. The airline is warning its male and female crew members to shape up in two months -- or else. The directive applies to overweight pilots, stewards and stewardesses.

If they don't lose the extra pounds, they may be reassigned to ground duties. One Indian newspaper, the Hindustan Times, reported that many of the older flight attendants are obese. An Air India spokesman said increasing competition means its flight crews must look trim and fit. He wouldn't say how people would be affected by the order to lose weight.

The Italian government will tap into the porn industry lessen the deficit.

The "porno-tax," would take 25 percent on all income from pornography. The proposal is contained in a package of amendments to the 2006 budget to presented in the Chamber of Deputies Tuesday or Wednesday, according to government sources speaking to Reuters.