An act relating to refunding property tax overpayments to the City of Barre and to the Town of Milton

This bill proposes to refund education property tax overpayments to the City of Barre and the Town of Milton. The City of Barre would receive $437,028 for overpayments made between fiscal years 2016 and 2020, and the Town of Milton would receive $184,451 for overpayments made between fiscal years 2017 and 2023. These refunds are due to miscalculations in the amount of tax increment each municipality retained from its tax increment financing district fund.

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