Bastrop County Engages PFM Group Consulting for Data Center Financial Analysis
Bastrop County has contracted PFM Group Consulting to analyze budget and tax policies for data center developments. The agreement, valued at up to $100,000 plus $9,000 for expenses, aims to assess the long-term impact of data centers on the county's tax base. EdgeConneX is developing a $1.4 billion data center campus in Cedar Creek, projected to take 5 to 8 years to complete, which was awarded a 10-year property tax abatement in December 2024. The project is expected to generate significant revenue for local schools and the county.
Theia Market Signal Identification - AI Assisted
Bastrop County has hired PFM Group Consulting for a financial analysis of tax policies related to data center developments, with a contract valued at $100,000 and additional expenses of $9,000. The focus is on the long-term impact on the county's tax base from these developments.
EdgeConneX is developing a $1.4 billion data center campus in Cedar Creek, covering 2.8 million square feet, set to be completed in 5 to 8 years. The county awarded a 10-year property tax abatement to EdgeConneX in December 2024, anticipating $100 million for Bastrop ISD and $7 million for the county during this period.
Comments