Notice of Deadline

Apply for Beginning Farmer Tax Credit by Nov. 1

  

Credit available on first come, first served basis

St. Paul, MN: The Minnesota Department of Agriculture’s Rural Finance Authority reminds beginning farmers to apply by November 1, 2018 for the tax credit for the sale or lease of land, equipment, machinery, and livestock.   

To qualify, the applicant must be a Minnesota resident with the desire to start farming or began farming within the past ten years, provide projected earnings statements, have a net worth less than $816,800, and enroll in an approved financial management program. The farmer cannot be directly related to the person from which he or she is buying or renting assets. The tax credit for the sale or lease of assets can then be applied to the Minnesota income taxes of the owner of the farm land or agricultural assets.

Three levels of credits are available:

• 5% of the lesser of the sale price or fair market value of the agricultural asset up to       a maximum of $32,000;

• 10% of the gross rental income of each of the first, second and third years of a               rental agreement, up to a maximum of $7,000 per year;

• 15% of the cash equivalent of the gross rental income in each of the first, second or     third year of a share rent agreement, up to a maximum of $10,000 per year. 

The Beginning Farmer Tax Credit is available on a first-come, first-served basis. www.mda.state.mn.us/bftc

Interested farmers should note that they can also apply for a separate tax credit to offset the cost of a financial management program up to a maximum of $1,500 per year – for up to three years.

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About Us

Our Mission

  

“The mission statement of the Wabasha Soil & Water Conservation District is to provide technical, financial, and educational assistance for land and water management in a way that promotes a sound economy and sustains and enhances natural resources.”


 Top 6 Priority Concerns

  1. Soil Erosion - prevention of soil erosion and       sedimentation from runoff from agricultural land, construction sites and stream banks
  2. Nutrient and Manure Management - protection of surface waters by reducing contaminants entering the water. Use of correct methods to prevent nutrient loading from manure and artificial fertilizers from both agricultural and urban areas.
  3. ISTS/Ground Water Protection - protect ground water from contamination to ensure drinking water aquifers retains good quality.
  4. Forest and Pasture Land - improve forest and pasture land management to reduce soil erosion and increase water quality.
  5.  Watershed Management Approach - focus on the watershed's condition as the starting point for water quality assessment, planning and measurement of results.  
  6. Urban Issues -  address urban issues with municipalities and townships to improve water quality through the use of urban BMP's

Our Profile

 The SWCD is a subdivision of State government that is governed by a locally elected Board of Supervisors.
 

The SWCD provides technical and financial assistance for natural resource issues. 

Our Leadership

 The Board of Supervisors meet on the 4th Thursday of each month at 8:00 a.m. at 625 Jefferson Ave. Wabasha, MN  55981

  

Agendas will be posted no later than the Tuesday before the next meeting. Access the agenda for the upcoming meeting by clicking Documents-Agendas.



 

BOARD MEMBERS:
 

Roland Wood - Chair
District 1

(Highland, Plainview, Elgin townships. Plainview & Elgin cities)
(507) 534-2384
 

Terry Helbig- Vice Chair
District 5

(Mount Pleasant, Lake & Pepin townships. Lake City city)
(651) 345-4615
 

Tom Gosse - Treasurer
District 4

(Glasgow, Greenfield, Minneiska, & Watopa townships. Wabasha, Kellogg & Minneiska cities)
(651) 565-4597
 

Chuck Fick - Secretary
District 2

(Oakwood, West Albany & Gillford townships. Millville & Zumbro Falls cities)
(507) 534-2219
 

Nate Arendt - Member
District 3

(Chester, Mazeppa, Zumbro & Hyde Park townships. Mazeppa, Hammond & Zumbro Falls cities)
(507) 843-5322
 


Contact Us

Wabasha County Soil & Water Conservation District

611 Broadway Ave., Ste 10, Wabasha, MN 55981, US

(651) 565-4673

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