|
Beginning in January of 2009, the two riverboats began paying
fees based upon a percentage of net gaming revenue as opposed to a flat fee per
admission. For April 2009, compared to April 2008, gaming
collections reflected a 30.79% increase. Year-to-date collections
increased by 35.52%.
|
|
BUDGET |
YEAR
TO DATE |
|
|
|
|
2009
REVENUES |
$3,000,000 |
$2,698,160 |
|
|
|
|
| 2009 ADDITIONAL
REVENUES REQUIRED TO ACHIEVE BUDGET |
0 |
301,840 |
| |
|
|
2009
COMMITMENTS |
(7,000,000) |
(7,000,000) |
|
|
|
|
2009
BALANCE |
(4,000,000) |
(4,000,000) |
|
|
|
|
CARRYFORWARD FROM 2008 |
4,000,000 |
5,450,071 |
CURRENT
AVAILABLE
BALANCE |
$0 |
$1,450,071 |
Fees
and Commitments
Notes:
-
River boat admission fees are included in this report
when due, which is the 20th of the month following the month of admission.
-
Monthly and annual amounts may be adjusted in succeeding reports as
additional information becomes available.
|
