Milton Selectboard certifies TIF increment, clarifies procurement for recurring expenses and approves FY26 audit
At its June 1 meeting, the Milton Selectboard authorized certification of TIF increment after hearing that taxable value in the district roughly doubled, adopted a resolution to streamline recurring operational expenditures over $15,000, and authorized a $31,300 FY26 audit contract; interviews for Planning Commission seats were held with final votes set for June 15.
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The Milton Selectboard on June 1 authorized the Town Manager to sign the Vermont Economic Progress Council (VEPC) Tax Increment Financing (TIF) certification and annual report after hearing that taxable property value in the district had grown from roughly $125 million to about $252 million since the district’s inception.
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