Serving Gogebic, Iron and Ontonagon Counties
Serving Gogebic, Iron and Ontonagon Counties
By P.J. GLISSON
news@yourdailyglobe.com
BESSEMER — Members of the Gogebic County Board of Commissioners voted April 10 to undertake discussions with Watersmeet and Marenisco townships regarding how PILT funds are distributed.
The acronym PILT stands for “payment in lieu of taxes,” and representatives of the two townships approached commissioners with their related frustration in what they view as unfair allotments.
According to the U.S. Department of the Interior, “Payments in Lieu of Taxes are federal payments that help local governments offset losses in property taxes due to the existence of...