The Marshall County Council reviewed the 2022 budget with department heads Monday that lasted throughout the day.
Auditor Julie Fox said less income tax revenue is expected in 2022, but American Rescue Plan Act funds may be used to make up any losses experienced. It is forecast to affect the LIT Special Purpose Fund that holds funds for the bonds for the Marshall County Jail. The council will be watching revenues closely to ensure there are sufficient funds for the bonds and other projects. Fox was encouraged that the net assessed value has increased.
This is the first year that the Marshall County Parks and Recreation Department will have a budget. They submitted a budget totaling $125,000. The council supports the budget, but there are some questions the members have before the budget moves forward.
Next year’s budget will also include a full budget for the fourth court. In 2020, the council voted to partially fund Marshall County Superior Court III in the 2021 budget until it was staffed and a closer look could be taken into funding various aspects of the court. Fox said Judge Matthew Sarber presented a conservative budget where the council found support for it as well.
The 2022 budget for Marshall County was advertised with a Rainy Day Fund of $2,166,000, a General Fund of $16,398,964, Highway Department $4,631,854, Local Road and Street $751,000, a LIT Special Purpose Fund of $3,231,589, and others for a total budget of $34,471,210.
The council is looking to reduce the budget anywhere from $500,000 to $1.4 million and will reconvene to discuss it further Wednesday, September 29 at 9 a.m. ET in Room 203 on the second floor of the Marshall County Building at 112 W. Jefferson Street in Plymouth.
