NE AUDITOR: AUBURN RETURNS $658,003 AFTER TIF PRACTICES ARE QUESTIONED

LINCOLN- The City of Auburn has returned $658,003 to Nebraska after a state auditor team questioned certain practices used for tax-increment financing projects, Nebraska State Auditor Mike Foley announced. Foley alleges that Auburn’s Community Redevelopment Authority collected more tax-increment financing (TIF) revenue than it should have for certain redevelopment projects and then retained those funds to pay the costs of different projects, some of which had yet to be hatched.

Crystal Dunekacke, Auburn city administrator and economic developer, said Monday that the returned funds should not be considered an admission of wrongdoing. She said the redevelopment authority maintains that it has abided by the Community Development Law, which governs tax-increment financing.

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