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05/17/2017

THE MARTIN COUNTY COMMISSIONERS HELD A WORK SESSION PRIOR THE TUESDAY'S REGULAR MEETING. ONE OF THE TOPICS WAS REVIEWING WHEELAGE TAX AND LOCAL OPTION SALES TAX FOR INCREASED FUNDING FOR TRANSPORTATION IN THE COUNTY. MARTIN COUNTY HIGHWAY ENGINEER KEVIN PEYMAN WAS THERE TO PRESENT INFORMATION TO THE BOARD.

ONE OF THE OPTIONS IS INCREASING THE LOCAL WHEELAGE TAX WHICH CURRENTLY AT 10 DOLLARS PER VEHICLE AND GARNERS ABOUT 240,000 DOLLARS PER YEAR. STARTING JAN. 1 THAT TAX CAN BE SET TO ANY AMOUNT BETWEEN 0 AND 20 DOLLARS WITH COMMISSIONERS NEEDING TO APPROVE ANY CHANGE BY AUGUST 1ST TO CHANGE THE AMOUNT FROM 10 DOLLARS FOR NEXT YEAR.

A 1/2 CENT LOCAL OPTION SALES TAX IS ANOTHER POSSIBILITY FOR CAPITAL COSTS OF SPECIFIC TRANSPORTATION PROJECTS OR PAYMENTS OF CAPITAL OR OPERATING COSTS FOR TRANSIT. GENERAL OBLIGATION BONDS FOR ROADS AND BRIDGES COULD BE ISSUED AS ANOTHER OPTION PRESENTED TO THE BOARD. COMMISSIONERS CAN LOOK AT A WIND TURBINE PRODUCTION TAX AND TAKE THAT MONEY AND SET UP A SEPARATE ACCOUNT TO USE ON SPECIAL PROJECTS. BOARD MEMBERS TOOK THE INFORMATION UNDER ADVISEMENT AN WILL DECIDE ON WHAT COURSE THEY WOULD FAVOR AT A LATER DATE.


ROD HALVORSEN
© 2015 KSUM KFMC


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