FY 2026-2027 Adopted Budget - GFOA Award Submission Edition - Flipbook - Page 164
The provisions of Act 381 of 1996 establishing Brownfield Authorities permit the
continuing capture of taxes in any district for up to 5 years beyond the final
reimbursement of site remediation costs to the developer. One of the four
Brownfield districts in the city has made such final payments and, under the act,
the continuing tax capture receipts are required to be deposited to a Local Site
Remediation Revolving Fund.
-242BROWNFIELD SITE REMEDIATION
FUND
City of Plymouth FY 2026-2027 Budget
160
