Casino tax revenue
Published 12:00 am Sunday, June 14, 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, and two had paid to this point last year. These are the latest receipts.
May 2009
City $529,302.38
County $249,257.50
Schools $67,700.85
Fiscal year to date 2009
City $4,606,315.05
County $1,986,928
Schools $539,504
May 2008
City $572,507.64
County $240,514.60
Schools $65,318.72
Fiscal year to date 2008
City $4,541,829.75
County $1,957,781
Schools $531,722