Towns Seek Restoration of Energy Tax Revenue

The Assembly Budget Committee today heard from municipal leaders and mayors who claim the state budget is being balanced using revenue that belongs to the towns. The money is collected by the state in the form of energy tax receipts. It’s paid to municipalities that host tax-base erasing energy and utility lines, facilities and plants. Those who testified said the the state has been diverting $3.5 billion to the general coffers over the past decade.

State House Bureau Chief Briana Vannozzi files this report.