Burlington Selectmen Vote To Decertify Keurig Tax Incentive Deal

Burlington MA

11 August, 2020

4:37 PM

Description

BURLINGTON, MA — Burlington's Selectmen voted to de-certify the town's tax incentive agreement deal with Keurig Dr. Pepper, Monday evening. Town Administraton Paul Sagarino asked the board to de-certify the deal over Keurig's failure to meet its promised employment numbers. The company had promised 768 employees at the certified project location on South Avenue. "Based on their most recent filing with the state, they currently have approx 597 employees," Sagarino said. Sagarino also faulted the company's promised community benefits program, which "never really materialized over time," Sagarino said. The town had "difficulty" getting the company to sponsor its last Fourth of July parade, he added. The tax increment financing deal was approved by Town Meeting in 2012 and took effect in 2016. Keurig saved 40 percent on its property taxes in the opening year, a number which was set to decline to 5 percent in the 15th and final year of the deal. Keurig Dr. Pepper is co-headquartered in Burlington and Plano, Texas. The full meeting can be viewed here, via BCAT. Christopher Huffaker can be reached at 412-265-8353 or [email protected].