Subsidy Tracker Individual Entry
New plant/additions to refinery
The subsidy value and the jobs, payroll and investment figures came from entries for Valero Refining-New Orleans for the Industrial Tax Exemption and Quality Jobs Program on the Louisiana Commerce & Industry Board disclosure site at http://www.opportunitylouisiana.com/assets/LED/docs/Performance_Reportin.... See also: Juliuet Linderman, "Valero plans expansion in St. Charles," Times-Picayune, July 17, 2013.
The subsidy value is the total of the estimated value of a ten-year property tax exemption, Quality Jobs sales and use tax credits, and Quality Jobs payroll rebates. Jobs figure is number of new permanent positions. Overlap with main Subsidy Tracker data: a $118,864,209 Industrial Tax Exemption entry for Valero Refining-New Orleans and a $9,758,454 Quality Jobs entry for the same company.