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Tompkins County committee accepts $1.79 million in clean energy tax credits, adds interest to Green Fleet fund
Summary
The Facilities and Infrastructure Committee authorized accepting federal clean energy tax credits tied to the Inflation Reduction Act, allocating the bulk to green facilities projects and adding roughly $43,000 in interest to the county’s Green Fleet fund for vehicle purchases.
Tompkins County’s Facilities and Infrastructure Committee voted June 26 to accept federal clean energy tax credits the county had been awarded under the Inflation Reduction Act and to direct the funds into its green capital programs.
Terry, Planning and Sustainability staff, told the committee the county originally budgeted about $1.7 million from the tax credits for green facilities projects. She said the county also received roughly $43,000 in interest because the…
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