The Department of Local Government Finance has not produced a decision concerning Marshall County’s increase in the Cumulative Bridge Fund. The commissioners adopted a resolution in March that increases the fund $.0524 per $100 of assessed valuation to make sure that fund is solvent in order to make necessary repairs to the county’s bridges for public safety.
No Word Yet on DLGF Decision on Cumulative Bridge Fund Increase
Officials with the Department of Local Government Finance have not yet returned a decision on a Marshall County ordinance that increases the Cumulative Bridge Fund by $.0524 per $100 of assessed valuation. County officials are attempting to avoid a serious deficit in that fund next year to ensure there is enough money to fund repairs to the county’s bridges for public safety.
DLGF Public Hearing Held on Cumulative Bridge Fund Increase
Officials from the Department of Local Government Finance presided over a public hearing as a remonstrance was filed opposing the increase of the Marshall County Cumulative Bridge Fund.