|
Beginning in January of 2009, the two riverboats began paying
taxes based upon a percentage of net gaming revenue as opposed to a flat fee per
admission. For July 2009, compared to July 2008, gaming
collections reflected a 21.93% increase. Year-to-date collections
increased by 29.28%.
|
|
BUDGET |
YEAR
TO DATE |
|
|
|
|
2009
REVENUES |
$3,000,000 |
$4,526,070 |
| |
|
|
2009
COMMITMENTS |
(7,000,000) |
(7,000,000) |
|
|
|
|
2009
BALANCE |
(4,000,000) |
(2,473,930) |
|
|
|
|
CARRYFORWARD FROM 2008 |
4,000,000 |
5,450,071 |
CURRENT
AVAILABLE
BALANCE |
$0 |
$2,976,141 |
Fees
and Commitments
Notes:
-
River boat gaming taxes are included in this report
when due, which is the 20th of the following month.
-
Monthly and annual amounts may be adjusted in succeeding reports as
additional information becomes available.
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