County to send refunds to businesses for personal property, equipment taxes
Mesa County commissioners on Monday kept their vow to try to help local businesses, cutting taxes collected on business personal property and equipment by $500,000.
The move will result in a refund of a portion of the taxes the county collected from businesses this year. The tax is applied to personal property used in businesses such as equipment, machinery, security devices, fixtures and signs.
Commissioners last year announced they would increase the exemption from the tax from the first $4,000 worth of personal property to $150,000 as part of an initiative to boost the local economy by encouraging business growth and development. The initiative also lowered the county’s property tax mill levy and eliminated planning review fees.
Meis commended fellow commissioners Steve Acquafresca and Janet Rowland for keeping their word and lowering taxes “while everyone else is raising taxes or figuring out how to pay bills.”
County Finance Director Marcia Arnhold told the board the county will write about 2,100 refund checks, with the largest refund coming in at $533.
In other business, commissioners accepted a $250,000 state energy-impact grant to complete the final phase of construction on 33 Road.
The county has finished $5 million worth of work in the $6.5 million project, which involves widening the road to three lanes with a center turn lane, installing curb, gutter and sidewalks on both sides of the street and replacing a bridge over the Grand Valley Canal, according to county engineering division director Mike Meininger.
“It’s an important north-south corridor alternative to 32 Road,” he said.