Williamson County leaders on Tuesday unanimously approved a taxpayer-funded incentives package for Apple that could be worth up to $16 million, solidifying the tech giant’s plan to invest $1 billion in a new campus in North Austin and add up to 5,000 jobs.
In just 30 minutes, Williamson County commissioners voted 5-0 to approve the deal, which the county estimates could amount to about $16 million in reimbursements to Apple over the span of its 15-year term. Apple is also in line to get up to $25 million in incentives payments from the state-run Texas Enterprise Fund.
Crony capitalism is alive and well in Williamson County, TX. Enjoy your increase in property taxes to backfill those not paid by Apple and the increased traffic and demand for government services.
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