Polk County Property Valuation on the Rise; CARES Funding Update

Polk County Property Valuation on the Rise; CARES Funding Update

October 20, 2020 News -- KRJB-KRJM-KKCQ 0

By Mark Askelson markkrjb@loretel.net (10/20/20)

Fosston, MN — The Polk County Board of Commissioners set their preliminary tax levy at the end of September at approximately $25.5 million, which is an increase of just under 5%. The preliminary tax levy can be decreased, but not increased, before the final levy is set in December. While its not certain if property taxes will see an increase when the levy is set at the end of the year, property values appear to be on the rise in the county overall. Joan Lee, Polk County Commissioner, says that is welcome surprise given the tough times from the pandemic.

Polk County received around $2 million in CARES funding earlier this year with $800,000 of that being used for their Business Resiliency Grant Program. The deadline for that program ended October 9th, but Lee says a few of the businesses have actually turned down the funding or withdrew their applications in hopes of ensuring that the businesses who need the funds the most are able to get it.

Commissioner Lee also notes that townships, who don’t themselves have COVID related expenses, have been able to use their allocated CARES funds to support their local fire departments and their COVID needs.

For more information Polk County happenings, check out the Polk County Newsletter on their website, www.co.polk.mn.us.