Wal-Mart Subsidies in New Albany, MS
|Address||973 State Hwy 30 W|
|Type of Facility||distribution center|
|Value of Subsidies||about $11.5 million|
NarrativeThe state provided grants and loans to pay for about $3 million in infrastructure improvements, including road and water/sewer lines. Free land worth about $100,000 was provided by the county after it was donated by a local family. The facility was awarded a ten-year property tax exemption. Without the exemption, Wal-Mart would be paying about $838,000 in local taxes, making the exemption worth about $8.4 million.