Hillsborough okays tax break for possible Amazon warehouse listen07/17/13 Janelle Irwin
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Hillsborough County Commissioners adopted an ordinance Wednesday that paves the way for a property tax break if Amazon.com opens a warehouse in Ruskin.
The move would cost the county almost $7 million in property tax revenues over 7 years if the online retail giant chooses Hillsborough. The measure passed with little discussion among board members or the public.
But one resident, Susan Virginia Davis, said she took issue with the county making plans to hand out tax breaks to wealthy corporations.
â€œUse our tax dollars wisely, because I donâ€™t want to pay increased taxes later on this year, my property taxes are sky high millage rate wise.â€
All six board members present voted in favor of the tax abatement, including Mark Sharpe.
â€œ100% of nothing is nothing and so, the fact that theyâ€™re going to get a tax reduction over the first 7 years, at which point after that itâ€™s 100% plus the jobs is a good deal for the tax payers of Hillsborough County.â€
The deal is not yet sealed on Amazon opening a 1,000 square foot warehouse in Ruskin. According to the county, other areas are still vying for the company. Itâ€™s estimated that Amazon would create 1,000 jobs in the area. The board also approved two other undisclosed businesses as Qualified Target Industries, making them eligible for the same tax break being offered Amazon. The proposal would cost the county more than $2 million over 7 years.
Previous coverage of Amazon