Wal-Mart Subsidies in Streetsboro, OH
|Address||9440 St Hwy 14|
|Type of Facility||discount store|
|Value of Subsidies||$491,000|
NarrativeWal-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 Wal-Mart continued to be non-compliant until 2003, when, with the support of the school district, the city rescinded the zone agreement two years earlier than scheduled.