WEDC Rail Tax Credit Targeted for TID #7 Project

McFarland plans to leverage WEDC’s Rail Infrastructure Modernization tax credit to offset TID #7 rail improvement costs, potentially securing up to $1 million in credits on a $2 million project. The Village or Bliffert Lumber could claim or transfer the credit after certification of eligible expenditures.

Scope & details

The full contract record, as filed.

Contract amount

Up to 50% of eligible rail infrastructure costs, capped at $2,000,000 tax credit

Contract type

FINANCIAL_SERVICES

Contract term

Credit must be claimed on a tax return filed within 4 years of the due date and used within 5 taxable years after the year claimed

Renewal

The tax credit can be carried forward up to five years or transferred; subsequent use or sale of credits will follow WEDC program rules.

Document type

AgendaPacket

Source document

Village of McFarland AgendaPacket 2026-08-18

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by McFarland village?

Wisconsin Economic Development Corporation Rail Infrastructure Modernization Tax Credit was awarded this financial services contract by McFarland village, as recorded on August 18, 2026. The contract value is Up to 50% of eligible rail infrastructure costs, capped at $2,000,000 tax credit.

How much is the Wisconsin Economic Development Corporation Rail Infrastructure Modernization Tax Credit contract with McFarland village worth?

The Wisconsin Economic Development Corporation Rail Infrastructure Modernization Tax Credit contract with McFarland village is valued at Up to 50% of eligible rail infrastructure costs, capped at $2,000,000 tax credit, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of McFarland AgendaPacket 2026-08-18 (AgendaPacket), dated August 18, 2026 from McFarland village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Wisconsin Economic Development Corporation Rail Infrastructure Modernization Tax Credit hold?

Wisconsin Economic Development Corporation Rail Infrastructure Modernization Tax Credit may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Wisconsin Economic Development Corporation Rail Infrastructure Modernization Tax Credit's profile

What is McFarland village currently buying?

Explore McFarland village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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