Casino tax revenue
Published 12:00 am Sunday, March 1, 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. Two casinos have paid the device fee thus far this year. These are the latest receipts.
January 2009
City…………..$777,451.32
County………$233,255.61
Schools………$63,287.55
Fiscal year to date 2009
City…………$2,348,542.32
County……………$924,298
Schools…………..$250,773
January 2008
City…………….$695,230.10
County………..$226,208.27
Schools………..$61,420.73
Fiscal year to date 2008
City………….$2,290,723.46
County…………….$926,983
Schools…………..$251,718