Frequently Asked Questions (FAQ)

1. What is the proposed data center project?

The proposed development is a 747.46 acre, 2,000 MW data center campus designed to boost Pittsylvania County’s economic growth and provide a substantial revenue source to address budgetary challenges. The project has the potential to transform the county’s economic landscape by generating significant tax revenue and job opportunities.

2. What is Pittsylvania County’s current financial situation?

Pittsylvania County's FY2025 budget is approximately $238.9 million, with only $87 million allocated for essential services like education, public safety, and infrastructure. The county relies heavily on state and federal "pass-through" funds, leaving limited discretionary funds for local needs like infrastructure upgrades and economic development.

3. How will the data center generate tax revenue for Pittsylvania County?

The data center campus will generate significant tax revenue primarily from business personal property (BPP) taxes on the equipment used within the data center, including servers and GPUs.

  • Tax rate: BPP is taxed at $9 per $100 of assessed value.

  • Assumed Equipment Value: The data center is expected to house $6 billion worth of equipment.

  • Tax Revenue Range:

    • 27.5% Assessed Value: $162 million annually

This tax revenue could provide a stable and substantial income stream for the county.

4. What is the potential impact of the data center project on Pittsylvania County’s budget?

With projected tax revenues ranging from $50 million to $184.2 million annually, the data center could greatly enhance the county's budget, making it more competitive with wealthier counties. The revenue could support infrastructure improvements, better public services, and overall economic development for residents.

5. Why is the data center being located near residential areas?

The location was chosen after thorough analysis of various factors, including infrastructure and accessibility. It is situated in an area where industrial development is already allowed. We are working hard to ensure that the data center will not negatively affect the surrounding residential neighborhoods and will maintain the area’s peaceful atmosphere.

6. Has Balico spoken with the town and local residents about the project?

Answer: Yes, Balico has been engaging in conversations with local leaders, residents, and stakeholders. These discussions are ongoing, and we remain open to input from the community to make sure this project aligns with the best interests of everyone involved.

7. Is there a risk that this project will expand beyond what was originally proposed?

The project as currently proposed has clear and defined boundaries. Any future expansion would need to undergo further public discussion and review by local authorities. We are committed to maintaining a responsible and transparent approach to the development of the data center.

8. Why is this project important for Pittsylvania County?

The data center campus offers a transformative opportunity for Pittsylvania County. It has the potential to create new revenue streams that could address the county's financial challenges, improve public services, and help elevate the county’s economic status, all while creating jobs and long-term growth.

Still have questions?

Feel free to contact us for more information or attend an upcoming public meeting to learn more about the proposed data center campus and its benefits to Pittsylvania County.