- Associated Press - Wednesday, June 29, 2016

BURLINGTON, Vt. (AP) - Burlington’s city attorney says that the city mistakenly collected nearly $307,000 in state taxes for the past three years.

The Burlington Free Press (https://bfpne.ws/291YbQs ) reports that Eileen Blackwood says the money was collected from the downtown tax increment financing district (TIF)- which was approved in 2011 -and has been paid back.

The city assessor incorrectly marked the district as active when he filled out an annual state tax form. This triggered the redirection of tax money to the city when it should have continued going to the state.

TIF allows governments to fund development where private builders might not spend money. State property taxes are redirected to the public improvement project.

The money collected wasn’t used because the city wasn’t aware of the extra funds when it made budgets.


Information from: The Burlington Free Press, https://www.burlingtonfreepress.com

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