Wal-Mart Subsidies in D'Iberville, MS
Store Details
City D'Iberville
State MS
Address 3615 Sangani Blvd
ZIP code 39540
County Harrison
Type of Facility Supercenter
Year Opened 1999
Value of Subsidies $2.3 million

Narrative
The development received infrastructure assistance worth $4.6 million, of which $4 million took the form of city and county tax increment financing. A city official estimated that $3 million was diverted from city property and sales taxes and $1 million was taken from Harrison County property taxes. The remaining funds were provided through a $600,000 Community Development Block Grant. In addition to a Supercenter, the developer's project includes a Lowe's and several smaller stores and restaurants. We divided the subsidy between the two anchors to estimate the benefit to Wal-Mart.

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