Subsidy Tracker Individual Entry

Company: 
WALGREENS
Parent Company: 
Walgreens Boots Alliance
Subsidy Source: 
local
Location: 
Illinois
City: 
Spring Grove
County: 
McHenry
Address: 
7880 WINN ROAD, SPRING GROVE, 60081
Project Description: 

30% OF THE SALES TAX REVENUES UP TO $25,400 PER ANNUM OF SALES TAX REVENUE IS PAID TO DEVELOPER, IN EACH OF THE 7 YEARS FOLLOWING THE OPENING OF WALGREENS.

Year: 
2007
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-pharmacies
Subsidy Value: 
$177,800
Program Name: 
Local Sales Tax Rebate
Awarding Agency: 
Department of Revenue
Type of Subsidy: 
tax credit/rebate
Notes: 

Year is year agreement began. Subsidy value is maximum rebate. Project description is verbatim text (including indeterminate amounts) from the Department of Revenue's online compilation of excerpts from local agreements.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.