Madison County leaders want to bring business to the county. But Chamber president and industrial authority executive director Marvin White says that’s hard to do without offering incentives for businesses to locate here.
“We’ve had several businesses wanting to locate in Madison County,” White told county commissioners Feb. 24. “But they all want some kind of incentive, like a tax reduction or a tax break.”
Governments frequently ponder the gains of new jobs and commerce in an area versus the potential loss of tax revenue by offering perks. Meanwhile, businesses often shop for the best deals offered by governments when locating in an area.
White suggested county leaders discuss what they’re willing to do to entice businesses to Madison County.
“This is something we need to talk about if we want to get business and industry in this county,” said White.
Commissioner Mike Youngblood agreed that leaders need to talk about the matter. He suggested the commissioners and the county industrial authority meet.
“Why don’t we go ahead and set up a work session and see what we can offer and what we can do?” said Youngblood. “It’s not something we need to take a backseat on.”
The BOC agreed to meet with the industrial development authority (IDA) Monday, March 17 at 6:30 p.m., following the IDA’s regular 6 p.m. meeting.
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