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Marshall County economic development director reports $87M YTD CapEx, recommends 5-year abatement standard
Summary
Greg Hildrethrand presented an economic-development update to the Marshall County Council in July 2025, reporting roughly $87 million in estimated year-to-date capital expenditures and saying he expects possibly another $25 million in projects this year.
Greg Hildrethrand presented an economic-development update to the Marshall County Council in July 2025, reporting roughly $87 million in estimated year-to-date capital expenditures (CapEx) in the county and saying he expects possibly another $25 million in projects this year.
Hildrethrand said the county is considering a standard change to tax-abatement practice: moving from a traditional seven-year phase-in for business personal property and real-estate abatements to a five-year phase. “Now is the time to go to a 5 year phase instead of a 7 year,” he told the council, citing faster…
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