Travis County could approve amended Apple incentives deal Tuesday
By Farzad Mashhood
Updated: 8:08 p.m. Monday, April 30, 2012
Published: 7:50 p.m. Monday, April 30, 2012
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A revised version of Travis County's proposed incentive package to Apple Inc. sets a $35,000 minimum salary for the lowest-paid of Apple's new Austin workers as part of a deal to bring 3,665 jobs to a planned North Austin campus.
The change is among a few substantive tweaks and other more superficial changes made to the county's 15-year, $5.4 million to $6.4 million tax rebate offer.
The county would require an average salary of $35,000 for the bottom 10 percent of Apple-employed workers and $11 per hour for contractors, who will account for up to 25 percent of their new workers.