MONTGOMERY, AL (WSFA) - Montgomery city financial director Lloyd Faulkner makes no bones about it. The city made a mistake.
"Ultimately it's our responsibility," Faulkner said.
Every December the revenue office sends out a fee schedule, reminding businesses to pay their business license fee. Merchants typically have one month to do so, but this year a business caught the error and promptly alerted city hall.
"It should have read one dollar per one-thousand dollar in sales but instead it read three dollars per one-thousand dollars in sales," said Faulkner.
So what happened?
"It was a proofing error and we sent it the printer without proofing it," Faulkner said.
Lloyd Faulkner says the incorrect fee schedule has been corrected and any company that inadvertently overpaid its business license fee will be refunded, a process that could take a while.
Faulkner says the Capital City Club was the first business to notice the mistake.
The business license fees generally bring in around $30 million a year for the city. That represents about 15% of the overall city budget.