§ 1901 - Information reporting - Vermont Statutes

§ 1901. Information reporting

Every municipality with an active tax increment financing district shall:

(1) On or before December 1 of each year, report to the Vermont economic progress council (VEPC) and the tax department all information described in subsection 5404a(i) of Title 32, in the form prescribed by VEPC.

(2) Report its tax increment financing actual investment, bond or other financing repayments, escrow status, and "related cost" accounting to the Vermont economic progress council according to the municipal audit cycle prescribed in section 1681 of this title. (Added 2007, No. 190 (Adj. Sess.), § 62, eff. June 6, 2008.)