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Subsidy Tracker Individual Entry

Company: WALMART
Parent Company: Walmart
Subsidy Source: local
Location: Illinois
City: Elgin
County: Cook
Address: 1100 SOUTH RANDALL RD, ELGIN, 60124
Project Description: Developer will receive 1/3 of sales tax revenues plus 4% interest until $8,000,000 is repaid.
Year: 2010
Major Industry of Parent: retailing
Specific Industry of Parent: retail-discount stores
Subsidy Value: $8,000,000
Program Name: Local Sales Tax Rebate
Awarding Agency: Department of Revenue
Type of Subsidy: tax credit/rebate
Source of Data: (click here)
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.