Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Trustees approve contracting for tax‑credit services tied to federal funding for electric buses
Summary
The board authorized staff to engage a tax‑credit services provider to capture federal tax credits and IRS direct payments for 25 electric buses and associated chargers; only one firm responded to RFQ E2620 and the vendor will be paid from recovered credits, not upfront.
The Socorro ISD Board of Trustees on Sept. 30 approved moving forward with contracting a professional tax‑credit service to pursue federal credits tied to 25 electric buses and charging stations the district purchased under a federal clean energy program.
David Solis, the district’s chief financial officer, told trustees that the buses qualify for roughly $900,000 in direct IRS payments and additional credits for charging infrastructure, and that the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
