Facebook Twitter E-mail RSS
Home News Gambling News Over $45 Million in Casino Tax for Ohio Schools
formats

Over $45 Million in Casino Tax for Ohio Schools

Ohio schools will get $45.4 million next month from casino tax revenue, a 19 % increase over the first distribution in January, based on figures released by the Ohio Department of Taxation.

The exact quantity each school district will acquire will not be recognized until Aug. 31 because the income is distributed on a per-pupil basis and head counts will not be accomplished until the starting with the new school year.

Normally, funds going to schools semiannually amounts to about $20 per pupil.

Schools received practically $38 million in January for the previous six months when not all 4 casinos have been open.

Division of Taxation figures showed a total of $70.six million flowed for the state from casino taxes inside the most current quarter, March through June 30. Cities, counties, the Ohio Racing Commission, a law-enforcement training fund, the Casino Control Commission, in addition to a problem-gambling and addiction fund acquire quarterly distributions.

Counties and cities will acquire $36 million for this quarter when funds are released on July 31, a really slight boost in the $35.two million they got for the first quarter of this year. That doesn’t contain $3.5 million that goes to the 4 casino host cities: Columbus, Cincinnati, Cleveland and Toledo.

Columbus will get about $2.7 million from the quarterly distribution, which represents the very first quarter in which all four casinos had been open.

 
 Share on Facebook Share on Twitter Share on Reddit Share on LinkedIn
No Comments  comments 
Add Comment Register



Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>