BURLINGTON — The Queen City is set to send more than $95,000 in tax increment financing to the state in order to reconcile mistakes that snowballed starting over a decade ago. The move, which was unanimously approved by city councilors Monday night, will pay off the city’s debt to the state education fund.

The issue began back when the city was considering a number of infrastructure development projects downtown.

Tax increment financing, or TIF, lets municipalities go into debt for financing public improvements and use the increase in property tax revenue to pay off their debt down the line. By law, some of that money also gets sent to the state’s education fund.

But when Burlington created its downtown TIF district, it miscalculated the parcels of land that would be included. That erro

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