The Marshall County Commissioners reviewed a resolution Monday morning that would extend the Special LIT Tax for continued operations at the Marshall County Correctional Facility.
The Commissioners and Marshall County Council met in a joint work session in September to discuss future funding of the operations at the jail where they all supported a decision that would extend the tax at its current rate to continue to be able to capture funds to fund jail operations.
Currently, proceeds from the LIT Fund in excess of the repayment of the bonds issued for the construction of the jail go toward the operations at the jail, but the resolution would extend those funds to be used for operations at the jail after the bonds have been fully repaid.
The resolution states that the rate, not to exceed the current .25 percent, would remain in effect until an ordinance establishing this rate is rescinded or modified to adjust the rate.
The document also resolves that a copy of the resolution be submitted to the Indiana General Assembly to assist in legislation concerning this venture.
The commissioners adopted the resolution with a unanimous vote. The Marshall County Council approved the same resolution during their meeting last week.
