Wal-Mart Subsidies in Streetsboro, OH
Store Details
City | Streetsboro |
State | OH |
Address | 9440 St Hwy 14 |
ZIP code | 44241 |
County | Portage |
Type of Facility | discount store |
Year Opened | 1996 |
Value of Subsidies | $491,000 |
Narrative
Wal-Mart received a little under $491,000 in real and personal property tax abatements through the Ohio enterprise zone program. The discount store was approved for the program in 1994, four days before Ohio banned retailers from receiving zone tax breaks in non-blighted areas. In 1998, the Streetsboro City Council reduced the size of the tax abatement, citing Wal-Mart's failure to meet hiring commitments. Wal-Mart continued to be non-compliant until 2003, when, with the support of the school district, the city rescinded the zone agreement two years earlier than scheduled.