Wal-Mart Subsidies in Villa Park, IL
Store Details
City | Villa Park |
State | IL |
Address | 900 S Hwy 83 |
ZIP code | 60181 |
County | DuPage |
Type of Facility | discount store |
Year Opened | 1991 |
Value of Subsidies | $1.4 million |
Narrative
The village gave Wal-Mart a $1.4 million sales tax rebate over a period of 10-14 years for site preparation and infrastructure improvements. The funds were provided through a business development district, a subsidy designed to revive declining or poor areas. Villa Park is located in DuPage County, one of the nation's richest areas.