Wal-Mart Subsidies in Olney, IL
Store Details
| City | Olney |
| State | IL |
| Address | 3801 E US 50 |
| ZIP code | 62450 |
| County | Richland |
| Type of Facility | distribution center |
| Year Opened | 1997 |
| Value of Subsidies | $5.22 million |
Narrative
The city provided property tax abatements worth an estimated $2.5 million. It also paid $630,000 of the $693,000 land purchase price. The state provided $940,000 for infrastructure improvements, to which the city added $900,000 of its own money. The state also provided $250,000 for job training.
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