Wal-Mart Subsidies in New Braunfels, TX
Store Details
| City | New Braunfels |
| State | TX |
| Address | 3920 North IH 35 |
| ZIP code | 78130 |
| County | Comal |
| Type of Facility | distribution center |
| Year Opened | 1989 |
| Value of Subsidies | estimated $20 million |
Narrative
Wal-Mart received a ten-year abatement on all local taxes, including those going to the school district. Local officials were unable to estimate the value of the abatement, but in 2004 they said that the company was paying about $2.3 million a year. We estimate the total value of the abatement at about $20 million.
Print Friendly