Wal-Mart Subsidies in Rialto, CA
Store Details
| City | Rialto |
| State | CA |
| Address | 1610 S Riverside Ave |
| ZIP code | 92376 |
| County | San Bernardino |
| Type of Facility | discount store |
| Year Opened | 1992 |
| Value of Subsidies | $2.6 million |
Narrative
The developer of a Wal-Mart discount store received a land write-down worth $2,575,000. The city makes payments worth 50% of the sales tax revenue generated by Wal-Mart and the smaller stores at the site for up to 20 years or until the subsidy amount (plus 9% interest) is paid in full.