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Clay Schuldt and Deb Gau
MARSHALL Â This year was anything but normal, Marshall City Administrator Sharon Hanson said. It was part of the reason the Marshall Economic Development Authority was recommending the city waive late penalties to apply for commercial tax abatements.
After discussing the matter at last week’s council meeting, Marshall City Council members voted to consider tax abatement applications without a late penalty for one more year. Abatement applications can be brought to the council without a penalty through the end of 2021.
The city’s tax abatement policy is meant to help encourage development that enhances Marshall’s economy, increases or retains local jobs, creates opportunities for affordable housing, or removes blight.
Clay Schuldt
MARSHALL The Marshall City Council approved a $7.5 million 2021 tax levy Tuesday by a 4-3 vote.
This final levy represents a $197,894 increase from the 2020 levy, an increase of 2.8%.
During an August work session, the council was considering a $456,584 levy increase or 6.47%, mainly due to the street capital revolving fund, increased salary and health care costs.
This increase was reduced to $246,895, or 3.5%, by the time the council set a preliminary levy on Sept. 8 and staff was able to further lower the levy increase before the final vote.
Mayor Bob Byrnes said a substantial amount of work went into setting this levy and budget that would serve the city adequately and also keep the spending level as low as possible.
dgau@marshallindependent.com
Photo by Deb Gau
Itâs being leased out for agricultural use right now, but a city-owned lot near the corner of Channel Parkway and London Road is the planned site of a future warehouse and distribution building for Border States Electric in Marshall. The Marshall City Council approved a tax abatement for the business last week.
MARSHALL Â They’ve already been part of Marshall’s business community for a long time. But Border States Electric plans to stick around, with construction of a new facility and yard near Channel Parkway. A business tax abatement from the city, approved last week, will make construction possible, company representatives and Marshall city staff said.
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