19- 100 C.M.R. ch. 1, § 7

Current through 2024-44, October 30, 2024

Section 100-1-7 - ANNUAL REPORTING REQUIREMENTS

A.MUNICIPALITIES

Annually, a municipality in which a state approved municipal tax increment financing district is located must report the following information, using forms provided by the Department:

1. To the extent to which public improvements and project plans outlined in the development program have been completed.

2. The extent to which debt incurred in implementing the development program has been retired.

3. Any other information specifically requested by the Department.

B.SITE VISITS

The Department and/or the State Tax Assessor may make site visits to approved tax increment financing districts as part of their duties to ensure compliance with statutory requirements.

19- 100 C.M.R. ch. 1, § 7