Tax Revenue Trend: Data Centers. 3 Key Points.

Which state is top in new data centers? Texas

Do data centers represent a lot of jobs? No, they are low staff facilities

How are data centers lucrative tax bases? Millions of dollars of taxable property, even after tax abatements.

• Let’s Look: Tarrant County & Ft Worth’s economic devleopment deal with Facebook:
  • $$146.7 million in tax abatements for up to 20 year
  • Estimated tax revenue:  $228.5 million in additional property taxes

New York Times | Texas Lures Data Centers, Not for Jobs but for Revenue