Wal-Mart Subsidies in Marcy, NY
Store Details
City | Marcy |
State | NY |
Address | 8827 Old River Rd |
ZIP code | 13403 |
County | Oneida |
Type of Facility | distribution center |
Year Opened | 1994 |
Value of Subsidies | $2.2 million |
Narrative
Oneida County agreed to spend $2.2 million on infrastructure improvements tied to the site. The facility is owned by the county's Industrial Development Agency, making it exempt from property taxes. Wal-Mart agreed to a 20-year PILOT program. The value of the subsidy (the difference between what Wal-Mart would have been paying in taxes and what it pays through the PILOT) was not available.