Subsidy Tracker Individual Entry

Company: 
Apple
Parent Company: 
Apple Inc.
Subsidy Source: 
multiple
Location: 
Iowa
City: 
Waukee
County: 
Dallas
Project Description: 

data center

Year: 
2017
Major Industry of Parent: 
electrical and electronic equipment
Subsidy Value: 
$213,889,943
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
50
Wage Data: 
$29.12
Wage Data Type: 
minimum hourly wage
Source of Data: 

The value of state and local subsidies comes from: Josh Nguyen, "State and Local Officials Say It's Worth the Cost to Bring Apple to Iowa," NBC - 13 WHO (Des Moines, Iowa), August 25, 2017; online at http://whotv.com/2017/08/25/state-and-local-officials-say-its-worth-the-... Wage and jobs data come from: Kevin Hardy et al., "Apple's billion-dollar data center 'puts Iowa on world stage'", Des Moines Register, August 29, 2017; online at http://www.desmoinesregister.com/story/money/business/2017/08/24/iowa-in...

Notes: 

The city of Waukee approved a 71 percent property tax abatement for 20 years worth estimated $188,239,943 and agreed to spend $6 million to build water and sewer lines for the project. The state approved $19.65 million in tax credits via the High Quality Jobs program. The project was expected to create 50 permanent jobs and 500 constructions jobs. Overlap with main Subsidy Tracker data: none.

Source Notes: 
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