What happens to McMillan when land is annexed to Marshfield?
Whenever land is annexed to the city, the town loses tax base. The expense of running the town, including paying off of our debt, must then be shared by the remaining property owners. Everyone’s share becomes a little larger. We do not share in any tax base created by new development that is annexed to the city. We also do not receive any of the sales tax paid at the businesses that were built on the land annexed from the town. (Sales taxes go to the county and state.) Why do we allow annexation? Under current state law there is very little we can do to stop it. Currently we have a boundary agreement with the city of Marshfield that at least allows us some minimal input into the process so we can hopefully protect our landowners from totally incompatible development adjacent to their property.
Related Questions
- Under the Will of the Testator, a beneficiary was granted a right to reside. What happens to the land tax liability in respect of that land?
- What happens if, after land is condemned, the State says it cannot be used for a treatment plant or pump station?
- What happens to McMillan when land is annexed to Marshfield?