Marshall County Council crunches numbers for 2023 Budget and Wages

as Budget adoption approaches on Monday, Oct. 10 at 9 a.m. in Room 203 of the Marshall County Building, Marshall County Council members have discussed the budget in multiple regular meetings and additional work sessions.

according to Budget Form 4-B the cash balance on June 30 for Marshall County was $10,104,841, property taxes yet to be collected were in the amount of $3,204,732, miscellaneous revenues totaled $1,392,888 leaving a total cash and revenues balance of $14,702,461.

after an estimated $973,555 in additional appropriations to be disbursed before the end of the year, the estimated cash balance for Dec. 31 is $13,728,906. That balance gives Marshall County approximately one year of funding to rely on in the event of economic catastrophe. The pandemic and inflation have illustrated that economic turmoil can and does happen. It not only impacts individuals but it impacts government entities.

The Property Tax Levy for Budget Year 2023 was advertised at $9,515,852, the Property Tax Cap Impact at $412,703, with miscellaneous revenues advertised in the