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Baxter Council approves expanded TIF deals for Arbor Glen, Arbor Glen II


Baxter Council approves expanded TIF deals for Arbor Glen, Arbor Glen II
Council member lauded the tax-incremental financing agreements as a boon for low-income seniors and the community at large.
Written By: Gabriel D. Lagarde
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8:00 am, May 20, 2021
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The front façade of the Arbor Glen Senior Apartments complex on Excelsior Road in Baxter. Going back to their inception, Arbor Glen and its sister project, Arbor Glen II, have received subsidies from the city in return for setting aside 20% of their units as affordable housing. Steve Kohls / Brainerd Dispatch
In a unanimous vote during their virtual meeting Tuesday, May 18, the Baxter City Council approved boosts to tax incremental financing agreements, or TIF districts, as they pertain to Arbor Glen Senior Apartments and Arbor Glen II on Excelsior Drive. ....

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Marshall, Lyon Co. aim for stability in 2021 | News, Sports, Jobs


dgau@marshallindependent.com
MARSHALL The COVID-19 pandemic left a lot of questions for local governments – including questions about how to make financial plans for 2021. Financial data for local governments show that across Minnesota, cities and counties have been planning to keep their budgets as stable as possible and control spending, the Minnesota Office of the State Auditor said last week.
It’s a pattern that holds up for Lyon County and the city of Marshall, local officials said. The pandemic and its effects on businesses and taxpayers were some of the uncertainties local governments faced this year.
“I think when we adopted the budget for 2021, we definitely had that in mind,” said Lyon County Administrator Loren Stomberg. The farm economy wasn’t looking great at the beginning of the year, and Lyon County commissioners were also clear about not wanting large levy increases, Stomberg said. ....

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Liquor Store revenue up slightly in 2019, uncertainty looms for 2020


Northfield Liquor Store’s revenue slightly increased in 2019, according to a report from the Minnesota State Auditor’s Office.
According to the report, filed earlier this month by State Auditor Julie Blaha, the city’s municipal had revenue of $2.91 million last year, $9,000 more than the $2.9 million the store made in 2018. The store had $143,596 in net profit and $749,311 in gross profit.
“It stayed strong,” said Liquor Operations Manager Brian Whitt. “We were up in sales and up in gross profit as well.”
Whitt noted Northfield Liquor’s 2019 profit was higher than any of the 10 other cities with municipal liquor stores in the southeast region of the state — Caledonia, Ellendale, Kasson, Kenyon, Lonsdale, Mazeppa, Medford, Plainview, Spring Grove and West Concord. ....

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