Politics & Government
State Announces Approved Tax Credit Programs for Wilton
The Wilton Youth Council, Woodcock Nature Center and the Riverbrook Regional YMCA were among the beneficiaries.
WILTON, CT — The State Department of Revenue Services has announced the approved proposals under the 2019 Neighborhood Assistance Act Tax Credit Program. Every proposal submitted by Wilton municipal and tax-exempt organizations was approved.
| Organization | Program Title | Credit Percentage | Amount Requested |
|---|---|---|---|
| A Better Chance of Wilton (ABC) | Energy Efficiency Upgrades to ABC Residences | 100% | $17,700 |
| A Better Chance of Wilton (ABC) | ABC Wilton | 60% | $80,000 |
| Friends of Ambler Farm | School Field Trips for Under- served Youth | 60% | $3,000 |
| Friends of the Norwalk River Valley Trail, Inc. | Extension of the NRVT in Wilton Beyond Skunk Lane | 60% | $150,000 |
| Riverbrook Regional YMCA | Afterschool Child Care | 60% | $25,174 |
| Teen Center of Wilton | Trackside Energy Efficiency Upgrades | 100% | $31,750 |
| Town of Wilton - Environmental Affairs Department | Schenck's Island/ Merwin Meadows Renovation | 60% | $150,000 |
| Visting Nurse & Hospice of Fairfield County | Community Based Home Care and Home Hospice Service | 60% | $20,000 |
| Wilton Historical Society | Replace Roof of 1740 Betts- Sturges-Blackmar House | 100% | $24,999 |
| Wilton Library Association | Security Optimization | 60% | $44,249 |
| Wilton Police Department/ Community Emergency Response Team | Dedicated CERT Pickup Truck | 60% | $50,000 |
| Wilton Youth Council | Youth to Youth Wilton | 60% | $14,000 |
| Wilton Youth Council | Warrior Council | 60% | $14,000 |
| Woodcock Nature Center Inc. | Community Outreach Programming | 60% | $9,210 |
The NAA Tax Credit program provides a corporation business tax credit for businesses which make cash contributions to organizations’ approved program proposals.
Businesses can receive a credit of 60 percent of their approved contribution to certain programs (or 100 percent in the case of certain energy conservation programs) approved by the State Department of Revenue Services. Last year, five Wilton tax exempt organizations collectively received cash contributions from businesses in excess of $18,000 facilitated through this program which resulted in total approved business tax credits of over $12,000 to Connecticut businesses.
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