The board has been working with Marie Vila to move forward our Main Street application for Fall of 2017.
The Main Street tax credit incentive program provides a Business & Occupation (B&O) credit for private contributions given to eligible downtown organizations. Once your business’ donation request is approved by the Department of Revenue, you are eligible for a tax credit worth 75% of the contribution to our downtown revitalization organization. Further, since the DBA is a 501C3 you may be eligible for a federal income tax deduction as a charitable contribution. Eligible community organizations can receive donations totaling up to $133,333.33 per calendar year.
We have some goals to meet over the coming year to submit a solid proposal. We will talk more about this in the coming months.
What we currently need are volunteers to serve on the following committees: Economic Vitality
, and Design
. If you want to help us further the success downtown ask any board member for information.