Subsidy Tracker Individual Entry
aircraft assembly plant
The value and the breakdown of the subsidy package, and the jobs and investment projections are taken from: David Slade, "Boeing's whopping incentives," The Post and Courier, January 17, 2010, updated March 23, 2012; online at http://www.postandcourier.com/article/20100117/PC1602/301179958.
The $900 million comes from the estimate in the Post and Courier article, which the paper said was based on "conservative figures." It included: $306 million over 30 years in property tax abatements from Charleston County; state-issued bonds valued at $399 million; a business personal property tax exemption worth an estimated $100 million; and $33 million in training funds (part of which is listed separately in the main Subsidy Tracker data as a $13.3 million entry for readySC Training). Boeing was also potentially eligible for tax credits of up to $12,500 tax credit for each additional job created.