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STAFF REPORTCOMMUNITY DEVELOPMENT Department: City Council From: Doug Self, Director Meeting Date: June 14, 2021AR&P, LLC PROPERTY DONATION FOR 5TH STREET PARK ADDITION PURPOSE & SUMMARY Authorize

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What is special events code credit?

Special events code credits are tax credits that are offered to individuals or businesses for participating in special events or activities that benefit the community.

Who is required to file special events code credit?

Individuals or businesses who have participated in special events or activities that qualify for the special events code credit are required to file for the credit.

How to fill out special events code credit?

To fill out the special events code credit, individuals or businesses must provide information about the specific event or activity they participated in, the amount of credit they are eligible for, and any supporting documentation.

What is the purpose of special events code credit?

The purpose of special events code credit is to incentivize participation in community events or activities that have a positive impact.

What information must be reported on special events code credit?

The information that must be reported on the special events code credit includes details about the event or activity, the amount of credit being claimed, and any documentation supporting the claim.

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