|
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 May 2009, compared to May 2008, gaming
collections reflected a 26.89% increase. Year-to-date collections
increased by 33.74%.
|
|
BUDGET |
YEAR
TO DATE |
|
|
|
|
2009
REVENUES |
$3,000,000 |
$3,350,943 |
| |
|
|
2009
COMMITMENTS |
(7,000,000) |
(7,000,000) |
|
|
|
|
2009
BALANCE |
(4,000,000) |
(3,649,057) |
|
|
|
|
CARRYFORWARD FROM 2008 |
4,000,000 |
5,450,071 |
CURRENT
AVAILABLE
BALANCE |
$0 |
$1,801,014 |
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.
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