Casino tax revenue

Published 12:00 am Sunday, February 15, 2009

Vicksburg’s five casinos pay a 3.2 percent revenue tax to the State of Mississippi that is divided, with 10 percent going to schools, 25 percent to Warren County and 65 percent to the city. A second revenue tax is a 0.8 percent share of the state’s 8.8 percent revenue tax. It is split based on population proportions between Vicksburg and Warren County. Each casino is also required to pay $150 for each gaming device annually to the city. Riverwalk Casino opened on Oct. 28. These are the latest receipts.

November 2008

City    $501,714.76

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County    $236,900.98

Schools    $64,227.46

Fiscal year 2008

City    $1,035,355.10

County    $438,481.53

Schools    $118,938

November  2007

City    $425,029.32

County    $200,380.10

Schools    $54,383.43

Fiscal year 2007

City    $1,040,165.10

County    $439,317.41

Schools    $119,272.39

* Vicksburg’s four casinos also pay annual property taxes to the city and Warren County

* Vicksburg’s casinos pay a $150 annual fee per gaming position at various times each year. Last year, the city collected $733,440. So far this fiscal year, the city has collected $384,807.