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Tax Incentives to Be Decided Next Week for Possible $12M Capital Project in Marshall Co.

Marshall County Fiscal Court

Economic development officials in Marshall County are awaiting word on whether or not a project that could bring nearly 50 jobs to the county will be approved for state financial incentives.

The Marshall County Fiscal Court has already approved a 1 percent local occupational tax for prospective employees. That will be coupled with a 4 percent state tax should the business locate in Marshall County.

Economic development director Josh Tubbs told the fiscal court at its March 15 meeting the project could end up being a $12 million capital investment, creating around 48 jobs at an average of $36,000 a year.

Tubbs couldn’t reveal the project’s details because it could affect its incentives. Those will be decided March 31 in Frankfort at a meeting of the Kentucky Economic Development Finance Authority. 

John Null is the host and creator of Left of the Dial. From 2013-2016, he also served as a reporter in the WKMS newsroom.
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