Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Consultants tell Columbus County Schools the Eastview project may qualify for federal investment tax credits
Summary
Consultants from Alliant Group told the Columbus County Board of Education May 11 that the Eastview Elementary/Middle School project may qualify Columbus County Schools for a federal investment tax credit — a direct payment expanded by the Inflation Reduction Act of 2022 — if the geothermal ground‑source heat pumps and related systems meet technical and labor requirements.
Representatives from the Alliant Group LP briefed the Columbus County Board of Education on May 11 about a federal investment tax credit that may produce a substantial direct payment to Columbus County Schools if the Eastview Elementary and Middle School project qualifies.
“Under the Inflation Reduction Act of 2022 … school districts can claim a direct payment,” said Joseph Kaukstein, an Alliant Group representative, explaining the change to a tax code originally created under the Energy Policy Act of 2005. He said the district’s status as a tax‑exempt organization makes it eligible to claim the credit for qualifying energy property such as…
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
