Subsidy Tracker Individual Entry

Company: 
Apple
Parent Company: 
Apple Inc.
Subsidy Source: 
multiple
Location: 
Nevada
City: 
Reno
County: 
Washoe
Project Description: 

data center/server farm

Year: 
2012
Major Industry of Parent: 
electrical and electronic equipment
Subsidy Value: 
$89,000,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
41
Capital Investment: 
$1,000,000,000
Source of Data: 

The 2012 subsidy value and the jobs and investment projections came from: Brian Duggan, "Apple plans facilities in Reno," Reno Gazette-Journal, June 27, 2012. See also: Brian Duggan, "Reno OK's fast-tracked Apple deal," Reno Gazette-Journal, June 28, 2012. The 2017 expansion information came from: Anjeanette Damon, ?Apple data center to expand by $1B; Tech giant will double size of facility, add hundreds of jobs,? Reno Gazette-Journal, May 11, 2017.

Notes: 

The 2012 subsidy package included an 85 percent personal property tax abatement and sales tax reductions and rebates on equipment purchases. The state contribution was estimated at $16 million and the local portion $73 million. The jobs figure reflects the number of expected full-time jobs; Apple also said it would use 200 long-term contract workers. in 2017, Apple announced a $1 billion expansion that would create an additional 100 jobs. The city of Reno allowed the company to buy the land instead of leasing it, which will provide the company with "millions of dollars in sales tax abatements," whose value has not been estimated. Overlaps with main Subsidy Tracker data: a 2012 $28.9 million entry for Sales and Use Tax Abatement and a 2012 $26.4 million entry for Personal Property Tax Abatement.

Source Notes: 
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