Budget Notes Reflect Ongoing Nestle Incentive Payment
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Description
Within the Economic Development budget, King William County references a 'Nestle Payment' as part of its FY26 funding adjustments, signaling an ongoing incentive or contractual payment obligation to Nestle. The specific amount is embedded within the broader economic development line and not itemized.
Contract Details
Vendor
NESTLE
Agency
King William County, VA
Contract Type
OTHER
Document Date
October 27, 2025
Contract Term
FY26
Renewal Info
Indicates continuing payment obligations to Nestle under an existing economic development agreement during FY26; no schedule or end date given.
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