BREAKING NEWS

BREAKING NEWS

Marshall County Deciding What to Do With Carryover

MOUNDSVILLE – Tax cuts, a youth recreation center and courthouse maintenance projects are some of the options being discussed for a large cash carryover in Marshall County.

According to Marshall County Administrator Betsy Frohnapfel, there is a cash balance of about $4 million in the general fund, about $2.25 million of which carried over after fiscal 2014 ended June 30.

This does not count the $427,153 worth of coal reallocation funds the county continues waiting for West Virginia State Tax Office to send, an amount Commission Don Mason said was supposed to be in the county’s bank account last month. The coal reallocation money is in addition to the coal severance funding the county regularly receives.

This week, commissioners Bob Miller, Brian Schambach and Don Mason voted to use about $1 million of the $2.25 million carryover to help build the new public safety center along Seventh Street, while placing $534,500 into the county’s stabilization fund. Frohnapfel said the county keeps money in case there is some sort of calamity.

However, commissioners hope there is enough money left to support new projects – or even return some of the funds to county residents.

“I honestly did not expect that and have no idea where it is all going to go,” Miller said. “I would love to see if there is anyway we can get some of the money back to the taxpayers.”

“The majority of it is going to go to remodeling and infrastructure,” Schambach said.

The county is seeking bids for the second phase of the new public safety project, which will involve constructing a new building to attach to the former Jozabeth’s clothing store along Seventh Street. Commissioners purchased this property for $846,000 after the store closed.

“We don’t know how much it will cost yet,” Frohnapfel said of the total cost for the building that will eventually house the sheriff’s department, the office of emergency management and the 911 center.

Frohnapfel said some funding is needed for courthouse maintenance. She also said the county will eventually need to do some work on the courthouse pillars.

Regarding the extra funds, Schambach said there are numerous options for how the county may be able to help the community.

“I would like to see us start some type of a youth recreation center, a place where kids could hang out instead of just wondering the streets,” Schambach said, adding the project could be similar to a YMCA. “That is something that former commissioner Jake Padlow and I had talked about before, and I would like to see it.”