PALMYRA, Mo. -- The Marion County Commission decided Monday to keep the county's tax rate unchanged for 2018.
The tax rate for the county's general revenue fund will remain at 13.50 cents per $100 of assessed valuation, while the road and bridge fund's rate will stay at 32.63 cents, producing a total tax rate of 46.13 cents.
Even though the total rate will remain the same, the county's tax revenue of $2.069 million will rise by nearly $10,000 because of a 1.6 percent increase in the county's assessed valuation, which stands at $448.4 million, County Clerk Valerie Dornberger said.
"I'm very pleased that we're able to keep the tax rates the same," Presiding Commissioner Lyndon Bode said during Monday's meeting at the Marion County Courthouse in Palmyra.
Eastern District Commissioner Larry Welch echoed those sentiments.
"It's always nice not to raise taxes," he said. "Anytime we get the chance to keep it where it is -- or go down -- that's a plus."
The commission also agreed to support the Monroe County Industrial Development Authority with a $2,000 annual donation for the next three years.
The Monroe County IDA works in cooperation with the Moberly Area Economic Development Corp. to promote business development in and around the communities of Monroe County. This includes Monroe City, portions of which extend into Marion and Ralls counties.
Glenn Turner, a former Monroe County commissioner, and Monroe City Mayor Neal Minor attended the meeting and described how the Monroe County IDA was formed six years ago.
The IDA has an $80,000 contract with the economic development corporation, which provides various economic development services to the county and its municipalities. All three counties within Monroe City benefit from those efforts.
"I think where we've had the most success is helping our local businesses grow," Minor said.
Bode said it makes sense for the Marion County Commission to support the IDA's efforts.
"What helps one part of the county helps us all," he said.
The commission agreed to write a letter to an insurance company seeking compensation for damages caused by a local contractor hired to paint the water tower in Palmyra's industrial park in July.
Some "overspray" of paint blew onto numerous county-owned vehicles parked outside the county Highway Department and the county jail, and the commission is concerned about a lag in the settlement process.
The commission scheduled a ribbon-cutting ceremony for 11 a.m. Oct. 2 at the new Wenneker Bridge near Nelsonville.