Olpe’s fitness park project has approval for over $100,000 in tax credits. The project, organized by Olpe Community Improvement, was granted $115,400 in tax credits from the Kansas Department of Commerce. Project spokesman Tyler Schmidt tells KVOE News donors to the Community Health and Wellness Campaign have a chance to offset or defer 70 percent of their related tax obligations as part of the credits. Using $1,000 as an example, Schmidt says $700 would either be used as a full credit or a partial credit for the donor, depending on that person’s tax liability. The total value to the fitness park is actually more than $165,000. The window to take advantage of these tax credits began July 1 and continues through 2024.
Source: KVOE Emporia Radio
