Wal-Mart Subsidies in Perris, CA
|Address||2560 N Perris Blvd|
|Type of Facility||discount store|
|Value of Subsidies||about $2.7 million|
NarrativeThe city council provided more than $8 million in infrastructure assistance through tax increment financing to the developer of a shopping center anchored by Wal-Mart, Albertsons, and Mervyn's. Public records did not specify and local officials did not know how the money was divided among the tenants, but we assume that one-third, or about $2.7 million, of the improvements benefited each anchor store.