DougCo gives $19 million tax break to data center
Douglas County commissioners have approved a $19 million personal property tax break for Flexential, a company with a data center under construction in Parker, Colorado. Despite opposition from five citizens who spoke against the 35-year tax incentive, the commissioners unanimously supported it. They indicated readiness to extend similar tax breaks to other businesses in Douglas County.
Douglas County commissioners recently voted to extend a $19 million personal property tax break to Flexential, a company currently building a data center in Parker, Colorado. The tax incentive, which will last 35 years, applies to business personal property like machinery, equipment, and furniture.
The decision came amidst general public discussions regarding data centers, often centered on concerns such as water usage, noise pollution, property values, and the need for new regulations on construction. However, the specific question before the commissioners was the tax break.
Despite five citizens voicing opposition to the tax break during the meeting, the three commissioners unanimously expressed their support for the measure. They clarified that similar tax breaks are already granted to smaller businesses and would be available to any other company in Douglas County that meets the criteria.