WV Treasury: 2 Data Centers Would Yield $103M/Year in Taxes
West Virginia State Treasurer Larry Pack released a report Tuesday that finally puts real numbers on a question a lot of Mountain State residents have been shouting past each other about: when a giant data center lands in your county, who actually gets the tax money? The answer, according to Treasury Strategic Analyst Mark Muchow, is that two projects alone — the Penzance Management campus in Berkeley County and Google's project in Putnam County — would generate more than $103 million a year in property taxes, and roughly 62% of it stays home with county commissions and county school boards.To view this content, log into your member account. (Not a member? Join Today!)
