Wal-Mart Subsidies in Cleburne, TX
Store Details
City | Cleburne |
State | TX |
Address | 3470 Windmill Rd |
ZIP code | 76033 |
County | Johnson |
Type of Facility | distribution center |
Year Opened | 2002 |
Value of Subsidies | about $7 million |
Narrative
The city agreed to reimburse Wal-Mart for some $4.2 million in infrastructure costs by creating a tax increment financing district. After that cost was repaid, Wal-Mart was to receive a 75% property tax abatement that will be worth about $2.8 million over ten years.