Jun 17, 2024

Two McPherson County projects get state tax credits

Posted Jun 17, 2024 2:34 PM

Kansas Department of Commerce

TOPEKA — Governor Laura Kelly announced today that $4.1 million in Community Service Program (CSP) Tax Credits have been awarded to support the fundraising efforts of 26 nonprofit organizations across Kansas. These funds will enhance local access to quality childcare, healthcare, education, arts, and housing services.

Two Hutch Post area projects are part of the awards.

Lindsborg Old Mill & Swedish Heritage Museum will receive $166,600.

The internationally known historic treasure of the World’s Fair Swedish Pavilion is not only the venue for multiple community and educational events, it also is a major attraction for tourists around the world, bringing significant revenue to the local and regional community. However, the Pavilion is in dire need of repair. Structural repairs are needed to prevent it from collapse, and a new roof is needed to protect it from water damage.

Also, McPherson County Community Foundation (Cradle to Crayons) will receive $166,600.

Cradle to Crayons Childcare seeks to develop a new 18,000 square foot Moundridge Early Childhood Center and use tax credits to cover the new center’s facility safety items that include fire alarm and suppression systems, hardened space, playground turf, site fencing, and site lighting.

“These tax credits are vital to ensure our nonprofit organizations have the necessary resources to positively impact communities across Kansas,” Governor Laura Kelly said. “Community Service Program Tax Credits are a valuable tool that encourages investment and engagement in local nonprofits."

Established in 1994, CSP provides substantial tax incentives to donors. A 70% tax credit is available for contributions in rural communities (populations less than 15,000), and a 50% tax credit in larger communities. The credits are a direct deduction from the donor’s state tax obligation.

Each project addresses unique community needs, from modernizing infrastructure to enhancing cultural and recreational resources. The awarded projects include initiatives such as replacing city pool facilities, expanding and renovating community libraries, historic preservation efforts, and expanding arts facilities and senior care services.

Awardees were selected through a competitive, score-based process. Out of 54 applications requesting over $9.8 million in tax credits, 26 projects were chosen.

“The Kelly-Toland administration continues to focus on providing opportunities that make Kansas the best state in the nation to live, work, and raise a family,” Lieutenant Governor and Secretary of Commerce David Toland said. “CSP is a powerful tool these innovative local organizations will use to improve the quality of life in their communities, making them more attractive for current and future residents alike.”

Applications for the next round of the program will open on March 1.

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