they aren't public projects. they're private projects. you have subdivisions all over Mississippi that were nice when built and are dumps now. You've got them declaring bankruptcy before they're even built. The three companies that are looking at our county are some of the most liquid in the world. Pretty sure bankruptcy isn't anywhere in their future. And Amazon certainly isn't declaring bankruptcy, and they're building 4 data centers in the state
And cite facts on these "sweetheart deals". And not BS you saw on YouTube. I have intimate inside knowledge on the technology side and the government side, so you won't be able to BS me. I've already stated one incentive that the state is giving any data center to come to Mississippi. Doesn't have to be AI. As a matter of fact, 2 of the 3 looking at my county aren't AI. They're just data centers that could house anything from Twitter to Oracle, to Gmail, with multiple tenants. The state is offering no sales tax on the equipment that goes inside them. That's it. That's the only incentive. The counties, cities, school districts enter into a Fee-in-lieu of ad valorem taxes agreement with the companies and get windfall revenue to do things that their schools, counties, and cities have never had the revenue to do. Our current county budget is $20 MM a year. If those 3 projects go through, our budget will increase to right at $250 MM a year. We've already started long range planning on that. We'd have money to have nice asphalt roads, instead of rock and tar roads we have to patch on until we can afford to re-seal them. We'd have money to build state of the art parks and recreation areas for our residents. We'd have money to build senior services and transportation within our county. We'd have money to offer every qualified high school graduate in our county a free college education. We'd have money to upgrade our airport. I could keep going, but it would be fruitless against the cynics on here who got their expert knowledge from watching YouTube videos produced with Chinese and European Billionaire money who are terrified of the US AI industry right now. It's the same ones who became Covid experts in 2020, with no knowledge other than what someone told them online.